Nasdaq:velt Investor Lawsuit Alleges False And Misleading Statements By Velti Plc

The trouble came just two weeks after Nasdaq halted trading in its stocks, including Apple ( AAPL , Fortune 500 ), Google ( GOOG , Fortune 500 ), Microsoft ( MSFT , Fortune 500 ), Intel ( INTC , Fortune 500 ) and Facebook ( FB ), for more than three hours because of problems with its server that disseminates quotes for stock prices. Related: Trading glitches a sad new market reality In a statement, Nasdaq said that “trading was not affected” and that quotes were once again disseminating normally. Nasdaq attributed the outage to a failure of its “back end server.” It declined to comment further. NYSE Arca noted a longer duration for the outage than Nasdaq. It said its customers did not receive public quotes from Nasdaq’s server between 11:35:09 a.m.

Ireland based Velti plc is a global provider of mobile marketing and advertising technology and solutions. Investors who purchased a significant amount of shares of Velti Plc (NASDAQ:VELT) between January 27, 2011 and August 20, 2013, have certain options and for certain investors are short and strict deadlines running. Deadline: October 21, 2013. According to the complaint the plaintiff alleges, on behalf of all persons or entities who purchased or otherwise acquired securities of Velti Plc (NASDAQ:VELT) between January 27, 2011 and August 20, 2013, that Velti Plc and certain of its officers violated the Securities Exchange Act of 1934.

Nasdaq stocks posting largest volume increases

As a percentage of NDAQs recent stock price of $30.53, this dividend works out to approximately 0.43%. Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen or click here to find out which 9 other stocks going ex-dividend you should know about, at Below is a dividend history chart for NDAQ, showing historical dividends prior to the most recent $0.13 declared by Nasdaq OMX Group: In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from NDAQ is likely to continue, and whether the current estimated yield of 1.70% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of NDAQ shares, versus its 200 day moving average: Looking at the chart above, NDAQs low point in its 52 week range is $22.63 per share, with $34.41 as the 52 week high point that compares with a last trade of $30.58.

Nasdaq 100 Breaks Out

Get the Macro View newsletter Nasdaq 100 Breaks Out Added to your bookmarks on the Seeking Alpha homepage Remove Bookmark Unlike the Homebuilder group, which is attempting to get out of a nasty downtrend , the Nasdaq 100 hit a new bull market high yesterday. The Nasdaq 100 is made up of the largest and most active non-financial stocks in the larger Nasdaq Composite index. As shown below, the Nasdaq 100 pretty much managed to stay out of trouble throughout August even as other major indices like the S&P 500 and Dow Jones Industrial Average broke below their 50-day moving averages. With this upside breakout to new highs Monday, momentum investors have to be bullish on the QQQs (the ETF that tracks the Nasdaq 100).

Nasdaq OMX Group About To Put More Money In Your Pocket (NDAQ)

Nortech Systems Inc. : Approximately 44,000 shares changed hands, a 1,628.5 percent increase over its 65-day average volume. The shares rose $.17 or 3.6 percent to $4.91. Oncolytics Biotech Inc. : Approximately 6,686,200 shares changed hands, a 4,250.2 percent increase over its 65-day average volume. The shares rose $.34 or 12.8 percent to $2.99.


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