LONDON, August 20, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
The US equity market kicked off the week on a disappointing note on Monday, August 19, 2013, as all three benchmark indexes edged lower. The technology sector ended mostly lower, tracking losses in the broader market. The major movers in the sector included Taiwan Semiconductor Manufacturing Company Ltd. (NYSE: TSM), NetApp Inc. (NASDAQ: NTAP), Rackspace Hosting Inc. (NYSE: RAX), and Silicon Graphics International Corporation (NASDAQ: SGI). All these companies are tracked by AAAResearchReports.com. Download free technical analysis and charting reports on TSM, NTAP, RAX, and SGI now at:
Shares in Taiwan Semiconductor Manufacturing Company Ltd. fell sharply on Monday, tracking losses in the broader market. The company's shares fluctuated between $15.81 and $16.03 before ending the day 1.00% lower at $15.81. A total of 6.38 million shares were traded, which is below the daily average volume of 11.54 million. Furthermore, the company's shares have fallen by 1.56% in the last three trading sessions, compared to a decline of 2.33% in the S&P 500 during the same period. Download free research on TSM today by registering at:
NetApp Inc.'s stock edged lower on Monday. The company's shares ended the day at $41.89, down 0.73%, after fluctuating between $41.85 and $42.41. A total of 4.69 million shares were traded, which is below the daily average volume of 7.35 million. NetApp Inc.'s stock has fallen by 1.04% in the previous three trading sessions. Despite the recent losses, the company's shares have gained 10.70% in the last three months, outperforming the S&P 500 which has lost 1.28% during the same period. Additionally, the stock is trading above its 50-day and 200-day moving averages. Sign up and have access to our free report on NTAP at:
Rackspace Hosting Inc.'s stock ended 0.16% higher on Monday, reversing some of its recent losses. The company's shares oscillated between $44.01 and $44.99 before closing the day at $44.08. A total of 0.99 million shares were traded, which is below the daily average volume of 2.21 million. In the last three months, the company's shares have gained 11.09%, outperforming the S&P 500 which has declined by 1.28% during the same period. Moreover, the stock is trading above its 50-day moving average. Sign up and read the complimentary report on RAX at:
On Monday, shares in Silicon Graphics International Corporation fell sharply by 3.16%, before finishing the day at $15.30. The company's shares fluctuated between $15.30 and $15.74. A total of 0.38 million shares were traded, which is below the daily average volume of 0.48 million. The company's stock has gained 4.51% in the last three months, compared to decline of 1.28% in the S&P 500 during the same period. Furthermore, the stock is trading above its 200-day moving average. The free report on SGI can be downloaded by signing up now at:
- This is not company news. We are an independent source and our views do not reflect the companies mentioned.
- Information in this release is fact checked and produced on a best efforts basis and reviewed by a CFA ® charterholder. However, we are only human and are prone to making mistakes. If you notice any errors or omissions, please notify us below.
- This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
- If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco@EquityNewsNetwork.com.
- For any urgent concerns or inquiries, please contact us at compliance@EquityNewsNetwork.com.
- Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research@EquityNewsNetwork.com for consideration.
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider has, through Chartered Financial Analysts, only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
SOURCE AAA Research Reports