How Are Medical Marijuana Inc(OTCMKTS:MJNA), The Wet Seal, Inc.(NASDAQ:WTSL), and Advanced Micro Devices, Inc.(NYSE:AMD) Faring?
New York, NY – GDP INSIDER – 10/27/2014.
This article discusses three stocks: Medical Marijuana Inc(OTCMKTS:MJNA), The Wet Seal, Inc.(NASDAQ:WTSL), and Advanced Micro Devices, Inc.(NYSE:AMD)
Medical Marijuana Inc(OTCMKTS:MJNA) is a California-based company that operates in both the medical marijuana and industrial hemp markets. The company’s portfolio company, HempMeds, attended the Industrial Cannabis Association’s East Coast Regulatory Summit and Education Conference in New York City on Oct. 12th and 13th. HempMeds showcased its current products and unveiled innovations in its CBD hemp oil line during the conference. The company has a market capitalization of over $150 million.
The Wet Seal, Inc.(NASDAQ:WTSL) announced on Oct. 14th that it plans to reduce the company’s overall cost structure by reducing its workforce. A total of 78 points will be eliminated, including 66 at The Wet Seal’s corporate office. Of those positions, twelve at the field management level will be eliminated, a 12% decrease. The company, which is expected to release its next earnings report between Nov. 24th and Nov. 28th, has a market capitalization of over $35 million, but is declining.
Advanced Micro Devices, Inc.(NYSE:AMD) is a California-based semiconductor producer that develops central processing and graphics processing units. The company published a press release on Friday that focused on the company’s AMD Mantle graphics API’s compatibility with the latest release of the Sid Meier’s Civilization series. The Mantle enables better performance by better utilizing the resources provided by multi-core central processing units. The company has a market capitalization of over $2 billion.
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