Tech Losers: athenahealth, Inc. (NASDAQ:ATHN), GrubHub (NYSE:GRUB), Five9 Inc. (NASDAQ:FIVN), Ambient Corporation (NASDAQ:AMBT)

Athenahealth, Inc. (NASDAQ:ATHN) net loss was $8.1 million, or 21 cents per share, compared with earnings of $0.7 million, or 2 cents per share, in the first quarter of 2013. Revenue, however, rose 30 percent to $163 million. Athenahealth, Inc. (NASDAQ:ATHN) shares after opening at $139.99 moved to $144.18 on last trade day and at the end of the day closed at $135.59. Company price to sales ratio in past twelve months was calculated as 8.01 and price to cash ratio as 40.35. Athenahealth, Inc. (NASDAQ:ATHN) showed a negative weekly performance of -2.54%.

The agreement with the state attorney general requires GrubHub Inc. (NYSE:GRUB) to make sure that the fees it charges restaurants for its service, which allows customers to order meals online, does not sap tips from delivery people or other workers. GrubHub Inc. (NYSE:GRUB) shares fell -7.68% in last trading session and ended the day on $33.19. GRUB return on equity ratio is recorded as 0.70% and its return on assets is 0.50%.

Five9, Inc. (NASDAQ:FIVN) announced on 3 April the pricing of its initial public offering of 10,000,000 shares of its common stock at a price to the public of $7.00 per share. All of the shares are being offered by Five9. In addition, Five9 has granted the underwriters a 30-day option to purchase up to an additional 1,500,000 shares of common stock to cover over-allotments, if any. Five9 Inc. (NASDAQ:FIVN) shares moved down -5.56% in last trading session and was closed at $7.13, while trading in range of $7.03 – $7.65. Five9 Inc. (NASDAQ:FIVN) year to date (YTD) performance is -6.68%.

Ambient Corporation (NASDAQ:AMBT) Total revenue for 2013 was $11.4 million compared to $42.8 million in 2012, representing a decrease of approximately 73%. Ambient Corporation (NASDAQ:AMBT) weekly performance is -16.33%. On last trading day company shares ended up $1.23. Ambient Corporation (NASDAQ:AMBT) distance from 50-day simple moving average (SMA50) is -28.02%.