The NASDAQ Composite Index (INDEXNASDAQ:.IXIC) was the top percentage decliner, at last check, as investor realizes that they are on a tough situation. Nick Sargen, who is a chief investment officer at Fort Washington Investment Advisors in Cincinnati, said the market is weighing on the global slowdown as China is slowing down and European economic situation is worse.
Microsoft Corporation (NASDAQ:MSFT) slighly falls after a plan to release nine security patches, including five for critical vulnerabilities, coming week for Windows, Internet Explorer, and Office, along with a splattering of enterprise products, such as Exchange and SQL Server.
During current trading session, Microsoft Corporation (NASDAQ:MSFT) edged down -0.52% to $30.34 with a trading volume of 11.09 million shares. MSFT has earnings per share of $2.00 and its price to earnings ratio ended at 15.16.
A123 Systems, Inc. (NASDAQ:AONE) gapped up today after a Chinese company’s financial rescue of advanced electric car battery maker provides a sign of the sluggish market for electric cars, along with mistakes by the company. The stock reported a gain of +1.71% to $0.623. Its trading volume, at last check, was 23.12 million shares as compared to the average volume of 6.28 million. Its stock price 52 weeks high was $5.13 and 52 weeks low price was $0.44.
Ubiquiti Networks Inc (NASDAQ:UBNT) shares fell to an all-time low and is leading NASDAQ decliners after after the wireless equipment maker said counterfeit wireless equipment were negatively impacting sales.
The company said most of the faking was in South America, where sales moved down 30 percent to $16.6 million in the final quarter as compared to the third quarter. During current trading session, the stock fell -41.71% to $8.75 with a trading volume of 3.41 million shares. UBNT has earnings per share of $91.87 and its price to earnings ratio ended at 17.86.
Shares of Facebook Inc (NASDAQ:FB) moved up +2.57% to $21.55 with a trading capacity of 12.98 million shares in current trading session.
FB has earnings per share of $0.18 and its price to earnings ratio ended at 116.72. It has net profit margin of 13.29% and operating margin of 13.84%.