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Stock Market & Financial Investment News

News Breaks
June 6, 2014
07:43 EDTRBCNRubicon price target lowered to $10 from $14 at Canaccord
Canaccord lowered its price target on Rubicon to $10 from $14 to reflect lowered Q2 estimates and lower profitability in the second half of the year. The firm keeps its Buy rating on the shares as they believe sapphire pricing will continue to tighten leading to upside to Street estimates.
News For RBCN From The Last 14 Days
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October 13, 2014
09:53 EDTRBCNRubicon shares undervalued, says Dougherty
Dougherty said Rubicon continues to sampling its rectangular shaped sapphire blocks with several smartphone OEM manufacturers and is well positioned if this market segment takes off. The firm views shares as undervalued and reiterates its Buy rating and $11 price target.
October 10, 2014
13:34 EDTRBCNRubicon Technology volatility increases on sharp rally
Rubicon Technology October call option implied volatility is at 148, November is at 181, December is at 206; compared to its 26-week average of 60 according to Track Data, suggesting large near term price movement.
13:23 EDTRBCNRubicon halted for volatility after jumping 34% to $5.39
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