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Company News For Jan 16, 2018

Zacks Equity Research
Updated
Comtech Telecommunications (CMTL) closed the most recent trading day at $26.47, moving +1.26% from the previous trading session.

  • Tuniu Corporation’s TOUR shares jumped 12.2% on Friday after reporting a repurchase program of $100 million shares

  • Shares of GameStop Corp. GME decreased 11% on Friday after generating total global sales of $2.77 billion during the holiday period ended December 30, 2017, up 10.6% year over year

  • Facebook, Inc’s FB shares fell 4.5% on Friday after announcing that its News Feed will now prioritize meaningful social interactions, instead of highlighting content from businesses and publishers

  • Shares of Canadian Solar Inc. CSIQ plunged 4.3% on Friday after projecting fourth quarter revenues in the range of $1.04 billion to $1.08 billion, lower than the previous guidance of $1.77 billion to $1.81 billion


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