NASDAQ stocks gaining the most today with the NASDAQ Composite Index (INDEXNASDAQ:.IXIC) moved up about 2% Friday as investors welcomed a better-than-forecasted July employment report. The index’s gains are high versus two other key indexes. Both Blue Nile, Inc. (NASDAQ:NILE) and Mercadolibre Inc (NASDAQ:MELI) are gaining sharply after reporting strong-than-expected results. On the flip side, ON Semiconductor Corp. (NASDAQ:ONNN) is leading the decliners after reporting quarterly earnings fall and Q3 outlook below estimates.
Facebook Inc (NASDAQ:FB) is on track to break six-day losing series while Microsoft Corporation (NASDAQ:MSFT) is heading for first rally after facing four days of fall. Another hot stock Apple Inc. (NASDAQ:AAPL) continues to maintain gains, hitting the best high price since Jul 11, 2012.
Facebook Inc (NASDAQ:FB)
An early investor in Facebook Inc., Fidelity Investments, (FB), disclosed that 19 of its stock funds sold 1.7 million shares in June, the month that pursued the social-networking company’s spoiled preliminary public offering.
Facebook hoisted $16 billion through the IPO, a record for a technology company, after raising the number of shares offered by 25 percent and increasing the price to $38 each.
In mid day trading, Facebook Inc (NASDAQ:FB) reported the gain of +9.46% and closed at $21.94 and total traded volume was 32.06 million shares more than the average volume of 27.77 million. Its market capitalization is 46.04 billion.
ON Semiconductor Corp. (NASDAQ:ONNN)
ON Semiconductor Corporation (NASDAQ: ONNN) declared its second quarter results. Its revenues in the second quarter of 2012 were $744.8 million, approximately smooth compared to the first quarter of 2012.
The company reported GAAP net income of $6.9 million, or $0.02 per fully diluted share during the second quarter of 2012. The second quarter 2012 GAAP net income was impacted by $58.1 million of special items which comprise restructuring charges and other items.
During mid day trading, ON Semiconductor Corp. (NASDAQ:ONNN) plunged -6.43% to $6.40 and overall traded volume was 26.57 million shares. Stock’s 52 weeks high price was $9.85 and 52 weeks low was $6.20.
Clearwire Corporation (NASDAQ:CLWR)
During mid day trading, Clearwire Corporation (NASDAQ:CLWR) reported the gain of +10.98% with the closing price of $1.36. The overall volume in the last trading session was 13.29 million shares.
In its share capital CLWR has 986.75 million outstanding shares while 570.15 million shares have been floated in market. CLWR has insider ownership of 2.05% with its institutional ownership remained 72.66%. Company’s current year earnings per share grew with 26.46% while the five year EPS growth rate was +15.00%.