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Top Trending Tickers On StockTwits For March 3

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Top Trending Tickers On StockTwits For March 3

Here's a look at the top tickers trending on StockTwits.com.

S&P 500 futures: How will the markets react to developing situation in Ukraine?

European equities were hard hit following the new developments in Ukraine. Prior to the U.S. market open, the Stoxx 50 was lower by around 2.5 percent with Germany down by around three percent.

The major question on investors mind in the pre-market session is will the U.S. markets follow the European markets lead?

The S&P 500 futures opened lower by around 1.1 percent last night and the Spdr S&P 500 ETF (NYSE: SPY) followed suit. The 10-year Treasury yield is unchanged from its opening price last night down five basis points to 2.6 percent. Meanwhile, gold was seen trading higher by around 1.7 percent at $1,345 per ounce.

Shares of the S&P 500 ETF were trading lower by 1.05 percent in the pre-market session.

Stratasys: Earnings beat, investors not entirely pleased

This morning, Stratasys (NASDAQ: SSYS) reported its fourth quarter results. The company announced an EPS of $, beating the consensus estimate of $0.49. Revenue of $155.8 million beat the consensus estimate of $151.03 million. Net loss for the quarter lowered to $2.0 million from $3.5 million in the same quarter last year.

Stratasys sold 10,963 3D printing and additive manufacturing systems in the quarter and for the full year sold 75,818 systems. Stratasys noted that it had invested $15.5 million in R&D projects in the quarter.

Stratasys issued guidance and sees its full year 2014 EPS to be $2.15 to $2.25, versus a consensus estimate of $2.21. Full year revenue is guided to be $660 million to $680 million versus a consensus estimate of $672.14 million.

Shares were trading lower by 2.46 percent in the pre-market session.

JinkoSolar: Investors bullish following earnings beat

This morning, JinkoSolar Holding (NYSE: JKS) reported its fourth quarter results. The company announced an EPS of $1.28, beating the consensus estimate of $0.93. Revenue of $361.4 million beat the consensus estimate of $346.63 million. Income from operations totaled RMB262.3 million (US$43.3 million) compared with net income from operations of RMB244.3 million in the same quarter last year and a loss of RMB733.7 million in the fourth quarter of 2012.

Gross margin for the quarter rose to 24.7 percent from 22.3 percent in the same quarter last year. The company noted that the improvement in gross margin was due to improvements in operating efficiency and continued cost reductions.

JinkoSolar reported that it expects total solar module shipments in the first quarter to be between 440 MW and 470 MW. For full year 2014, the company expects its total solar module shipments to be in the range of 2.3 GW to 2.5 GW.

Shares were trading higher by 2.23 percent in the pre-market session.

Nu Skin: Revenue miss

This morning, Nu Skin Enterprises (NYSE: NUS) reported its fourth quarter results. The company announced an EPS of $2.02, beating the consensus estimate of $1.97. Revenue of $1.05 billion missed the consensus estimate of $1.07 billion. Net income for the quarter rose to $125.27 million from $59.23 million in the same quarter last year.

Revenue in China increased by 248 percent to $481.6 million from $138.3 million in the same quarter last year. Foreign currency fluctuations had a positive impact of six percent on the region's revenue. The number of actives increased 127 percent compared to the prior year.

Nu Skin issued guidance and sees its first quarter EPS to be $0.90 to $0.94, below the consensus estimate of $1.32. Revenue is guided to be $650 to $670 million, below the consensus estimate of $755.75 million.

Yandex: A victim of economic sanctions?

As the tense military situation in Ukraine is showing no signs of calming down, investors are pondering the possibility that economic sanctions could be levied against Russia.

The Russian based search engine that recently inked a deal with Google could be at risk if economic sanctions against Russia pick up. U.S. Secretary of State John Kerry threatened Russia with economic sanctions over the weekend ahead of his visit to Ukraine this week.

One user on StockTwits presented a bullish thesis and wrote “Why would any Russian user change from Yanded to Google on any kind of intervention from Russia in Ukraine? Their [business] will do as well with or without [any military confrontation.]”

Shares were trading lower by 9.33 percent in the pre-market session.

Posted-In: 3D printers DAX JinkoSolar Holding nu skin Nu Skin China S&P futures stocktwitsNews Best of Benzinga

 

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