LONDON, July 9, 2014 /PRNewswire/ --
On Tuesday, July 08, 2014, the NASDAQ Composite ended at 4,391.46, down 1.35%, the Dow Jones Industrial Average finished the session at 16,906.62, down 0.69% and the S&P 500 closed at 1,963.71, down 0.70%. During the trading session, nine out of the ten sectors finished on a lower note. The S&P 500 Information Technology Sector Index ended the day 0.99% lower at 636.23, while the index has gained 8.26% in the previous three months. Investor-Edge has initiated coverage on the following equities: Facebook Inc. (NASDAQ: FB), Twitter Inc. (NYSE: TWTR), Yahoo! Inc. (NASDAQ: YHOO) and Weibo Corp. (NASDAQ: WB). Free technical research on FB, TWTR, YHOO and WB can be downloaded upon signing up at:
On Tuesday, shares in Facebook Inc. declined 3.88%, closing the session at $62.76. A total of 68.85 million shares were traded, which was above its three months average volume of 58.14 million shares. The stock moved between $62.21 and $65.56 during the session. Facebook Inc.'s stock has gained 0.42% in the last one month and 14.84% from the beginning of 2014. However, the company's shares have fallen by 5.55% in the previous three trading sessions. The company's stock is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $62.43 is above its 200-day moving average of $58.05. Furthermore, Facebook Inc.'s stock traded at a PE ratio of 83.68 and has a Relative Strength Index (RSI) of 51.64. Sign up today to read free research on FB at:
Twitter Inc.'s stock fluctuated between $36.84 and $40.04 before ending the session 7.01% lower at $37.41. On Tuesday, the company's stock reported a trading volume of 49.91 million shares, significantly above its three months average volume of 27.67 million shares. Over the previous three trading sessions and on YTD basis, Twitter Inc.'s stock has lost 10.44% and 41.23%, respectively, while the company's stock has gained 12.24% in the last one month. Twitter Inc.'s stock is trading above its 50-day moving average of $36.07. Further, the company's shares have an RSI of 58.76. Sign up today to read free research on TWTR at:
Shares in Yahoo! Inc. recorded a trading volume of 23.06 million shares, which was above its three months average volume of 21.16 million shares. On Tuesday, the stock finished the day at $34.53, which was 2.79% lower its previous day's closing of $35.52, and registered an intraday range of $34.28 and $35.66. The company's stock traded at a PE ratio of 28.50. Shares in Yahoo! Inc. have lost 3.76% in the previous three trading sessions and 3.87% in the last one month. Additionally, the company's shares are down 14.61% on YTD basis. Yahoo! Inc.'s stock is trading below its 50-day and 200-day moving averages of $34.95 and $36.10, respectively. Further, the company's stock has an RSI of 54.55. Sign up today to read free research on YHOO at:
Weibo Corp.'s stock declined 4.92% on Tuesday, closing the day at $18.94. The stock recorded a trading volume of 1.74 million shares. Weibo Corp.'s stock oscillated between $18.68 and $20.25 during the session. Shares in Weibo Corp. have advanced 2.16% in the last one month, while the shares have declined 13.91% in the previous three trading sessions. Weibo Corp.'s shares are trading below their 50-day moving average of $19.38. Moreover, the company's stock has an RSI of 50.06. Sign up today to read free research on WB at:
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