Early Morning Insight: Taiwan Semiconductor Manufacturing Co. Ltd, NetApp Inc., Rackspace Hosting Inc., and Silicon Graphics Intl. Corp.
LONDON, August 20, 2013 /PRNewswire/ --
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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:
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