Facebook, Sprint, Informatica: Tech Winners & Losers
The buying didn't last though and after running as high as $22.40, the shares were recently changing hands at $21.81, down 2 cents.
CEO Mark Zuckerberg penned a blog post thanking the users for helping the network grow. "If you're reading this: thank you for giving me and my little team the honor of serving you," Zuckerberg wrote as part of the post.
Bloomberg reported Sprint is in the "early stages" of evaluating whether it should make a run at Dallas-based MetroPCS.
Yesterday, MetroPCS and T-Mobile USA disclosed details of their merger, which would see the company use T-Mobile's branding and have 42.5 million subscribers.
The Redwood City, Calif.-based data software company forecast earnings of 25 to 27 cents a share for its fiscal third quarter ended in September on revenue of between $189 million and $191 million. Analysts surveyed by Thomson Reuters were looking for revenue of $200.77 million and earnings of 34 cents a share.
In the press release, Sohaib Abbasi, Informatica's CEO, blamed the majority of the shortfall on weakness in Europe.
Interested in more on Informatica? See TheStreet Ratings' report card for this stock.
--Written by Chris Ciaccia in New York
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