Tech Weeks 20% Losers: LinkedIn Corp (NYSE:LNKD), Itron (NASDAQ:ITRI), Jive Software (NASDAQ:JIVE), Rackspace Hosting (NYSE:RAX)

Two new users join LinkedIn every second and there are over 225 million users of LinkedIn Corp (NYSE:LNKD). Close to 29 million companies have created company pages to connect with professionals on LinkedIn. Shares of LinkedIn Corp (NYSE:LNKD) closed at $186.13 in last trading session. Yesterday share price of the company was traded in the range of $185.73 to $192.46. Company now has a market value of $22.43 billion. LinkedIn Corp (NYSE:LNKD) price to sales ratio in past twelve months was calculated as 14.60 and price to cash ratio as 9.58.

Trade-Ideas LLC identified Itron Inc. (NASDAQ:ITRI) as a “dead cat bounce” (down big yesterday but up big today) candidate. Itron, Inc. (NASDAQ:ITRI) stock traded in the range of $33.50 – $36.28 and at the end of the day, it closed at $36.12. Average trading volume of the company is $1.20 M. Itron, Inc. (NASDAQ:ITRI) return on equity ratio is recorded as -15.50% and its return on assets is -7.30%.

Jive Software (NASDAQ:JIVE) stock had its “neutral” rating reaffirmed by stock analysts at Goldman Sachs in a report issued on Wednesday, StockRatingsNetwork.com reports. Jive Software Inc (NASDAQ:JIVE) after opening at $ 7.55, moved up 0.39% to $7.63 on last trading day. Company’s 52 week range is $7.11 – $18.48.

Rackspace Hosting, Inc. (NYSE:RAX) CEO Graham Weston identified “pragmatic businesses” as the next generation of its customers during a recent earnings call with analysts. Rackspace Hosting, Inc. (NYSE:RAX) stock hit highest price at $33.81, beginning with a price of $32.80 and increased 3.93% to the close at $33.81 with day range of $32.39 – $33.89. The total market capitalization of the stock is $4.73 billion.

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