Squawk Box Stocks Reports on: Pandora Media, Inc. (NYSE:P), AMR Corporation (PINKSHEETS:AAMRQ), Zynga, Inc. (NASDAQ:ZNGA), SIRIUS XM Radio Inc. (NASDAQ:SIRI)
Note to Editors: The Following Is an Investment Opinion Being Issued by the Equity News Circuit
NEW YORK, NY -- (Marketwire) -- 02/19/13 --
Pandora Media, Inc. (NYSE:P), AMR Corporation (PINKSHEETS:AAMRQ), Zynga, Inc. (NASDAQ:ZNGA), SIRIUS XM Radio Inc. (NASDAQ:SIRI).
Pandora Media, Inc. (P) saw shares advancing 2.53% or $0.32 per share to close Friday at $12.98 on volume of 4,099,868 shares traded. Shares continued to rally gaining 11.5% on the week. Will shares continue their rally to start this week or finally see a retrace? Find out in our exclusive report at: http://squawkboxstocks.com/report/P
AMR Corporation (AAMRQ) saw shares advancing 19.81% to close Friday's trading session at $2.54 on volume of 50,234,454 shares traded. On Thursday morning AMR Corporation, the parent company of American Airlines, Inc., and US Airways Group, Inc., announced that the boards of directors of both companies have unanimously approved a definitive merger agreement under which the companies will combine to create a premier global carrier, which will have an implied combined equity value of approximately $11 billion based on the price of US Airways' stock as of February 13, 2013. Since this announcement shares of AAMRQ have gained 95.38% over two days. Will this positive news lead to a continued gain in shares this week? Find out more in our exclusive report at: http://squawkboxstocks.com/report/AAMRQ
Zynga, Inc. (ZNGA) was another stock seeing increased activity during Friday's trading session. The company saw shares declining 1.54% to close at $3.20 on volume of 27,225,760 shares traded. On Friday the company announced Zynga Inc. and Electronic Arts Inc. have dropped a legal battle that erupted between the game developers last year over copyright claims and employee poaching. According to a filing with the U.S. District Court for the Northern District of California, all claims and counterclaims asserted in the case have been dismissed. Will shares of ZNGA continue their recent rally to start the week? Find out in our exclusive report at: http://squawkboxstocks.com/report/ZNGA
SIRIUS XM Radio Inc. (SIRI) saw its shares decline 0.63% to close Friday at $3.15 on volume of 24,647,805 shares traded. On Friday morning TheStreet Ratings reiterated SIRI as a buy with a ratings score of A-. The report started "The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, notable return on equity, expanding profit margins and good cash flow from operations. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results." Will this positive report lead to big gains to start the week? Find out our thoughts in our exclusive report at: http://squawkboxstocks.com/report/SIRI
Squawk Box Stocks offers its daily stock alerts and market content newsletter to investors looking for timely information available! Our experienced team provides you only the best stock alerts & research reports delivered to your email inbox for FREE. Our track record of providing winning alerts has won us the trust of thousands of investors worldwide. With our dedicated research team & investor database continuing to grow we have become a leading destination for the most profitable opportunities that are available in today's stock market. To receive our FREE, comprehensive newsletter, visit http://SquawkBoxStocks.com.
Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein.
A third party, Winning Media LLC has paid Equity News Circuit five hundred dollars for the publication of this news release. Neither Equity News Circuit, nor the hiring party, has a financial relationship with any company whose stock is mentioned in this release. Neither Equity News Circuit nor the hiring party are a registered investment advisor, and nothing in this report is intended as a solicitation to buy or sell any security.
Winning Media LLC
Source: Equity News Circuit