Tech Stocks Judgment! Yahoo Inc. (YHOO), Himax Technologies Inc. (HIMX)

Shares of Yahoo! Inc. (NASDAQ:YHOO) ended Tuesday session in green amid volatile trading. The shares closed up +0.11 points or 0.27% at $41.16 with 4.23 million shares getting traded. Post opening the session at $40.97, the shares hit an intraday low of $40.68 and an intraday high of $41.28 and the price vacillated in this range throughout the day. The company has a market cap of $38.91 billion and the numbers of outstanding shares have been calculated to be 950.75 million shares.

Yahoo! Inc. (YHOO) provides search and display advertising services on Yahoo properties and associate sites worldwide. The company offers Yahoo Search that serves as a guide for users to discover information on the Internet; Yahoo Mail, which connects users to the people and content; and Yahoo Messenger, an instant messaging service, which facilitates users to connect, communicate, and share experiences in real-time. It also provides digital content products, counting Yahoo News, which gives users to discover, consume, and engage around the news, content, and video; Yahoo Sports, which serves audiences of sports enthusiasts; Yahoo Finance that offers a range of financial data, information, and tools; Yahoo Lifestyle to engage users passionate about style and fashion; and Tumblr, which provides a Web platform and mobile applications on iOS and android to create, share, and curate content, in addition to Tumblr messaging that facilitates users to engage with other users that share their same interests and passions.

Shares of Himax Technologies, Inc. (ADR) (NASDAQ:HIMX) ended Tuesday session in red amid volatile trading. The shares closed down -0.19 points or -2.43% at $7.63 with 2.68 million shares getting traded. Post opening the session at $7.78, the shares hit an intraday low of $7.50 and an intraday high of $7.83 and the price vacillated in this range throughout the day. The company has a market cap of $1.33 billion and the numbers of outstanding shares have been calculated to be 343.82 million shares.

Himax Technologies, Inc. (ADR) (HIMX) recently declared the appointment of MZ Group at the Company’s US-based shareholder relations firm.

“From 2012 through 2014, we had the opportunity to work with MZ during a period of strong growth for our company and shareholders,” began Jordan Wu, President and CEO of Himax Technologies. “During our previous engagement, we appreciated the breadth and depth of their capital markets expertise and we look forward to leveraging this experience once again. We are confident that MZ is the right shareholder relations partner to assist us achieve our planned aims of increasing our exposure and communications to investment community as a leading global fabless semiconductor solution provider with world leading visual imaging processing technologies, a diversified product mix and growing customer base.”

“We are happy to be re-engaging with Himax at an important point in the Company’s evolution,” said Ted Haberfield, President of MZ Group North America. “Since our time with them, the Company has practiced impressive growth in both its driver and non-driver businesses. This momentum is the direct result of the Company’s successful multi-year plan to diversify its product portfolio and customer base with innovate new technologies, especially within the booming AR/VR sector. We look forward to working closely with administration to continually communicate the Company’s operations and growth prospects to shareholders worldwide.”

 

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