The wild swings that shares of fuel cell companies took Tuesday highlighted ongoing questions about the sector’s future amid the wider rush to find alternative sources of energy. Fuel cells, which use hydrogen or gases to generate electricity via chemical reactions, have been touted as having huge potential, but companies in the sector are still seeing little revenue and ongoing losses. Signs that that may be changing sent shares of
China’s 310 million mobile gamers increased their spending by 247% in 2013, an official Chinese government statistic that has China tech companies scrambling to grab handset gamers. Qihoo 360 Technology (QIHU), Baidu (BIDU) and others spent heavily in 2013 on new mobile-gaming apps and distribution platforms, efforts that in Q4 showed some early signs of paying off. “2014 is a critical year for many Internet companies in China,”
Coupons.com cashed in a winning ticket Friday with an initial public offering that nearly doubled on its first day of trading. The website provider of digital coupons priced at $16, above the expected $12-$14 range. The NYSE-listed stock opened at 27, climbed to 33 intraday before closing up 88% at 30.01. Coupons.com (COUP) raised $168 million by selling 10.5 million shares. An early digital coupons entrant was RetailMeNot (SALE),