Market Data Ahead of the Bell: CIENA Corp., JDS Uniphase Corp., ADTRAN Inc., and Harris Corp. Editor Note: For more information about this release, please scroll to bottom.
LONDON, December 2, 2013 /PRNewswire/ --
On Friday, November 29, 2013, the U.S. equity market closed the day on a mixed note, the S&P 500 ended at 1,805.81, down 0.08%; the Dow Jones Industrial Average closed at 16,086.41, down 0.07%; and the NASDAQ Composite finished at 4,059.89, up 0.37%. The S&P 500 Information Technology Sector Index ended the day at 562.36, up 0.45%; whereas the S&P 500 Communications Equipment Industry Index closed the day at 258.95, down 0.02%. Shares in the communications equipment industry have gained 0.65% in the previous three trading sessions and 1.85% in the last three months, compared to a gain of 0.18% and 10.58% in the S&P 500 during the respective periods. The major movers in the industry included CIENA Corporation (NASDAQ: CIEN), JDS Uniphase Corporation (NASDAQ: JDSU), ADTRAN Inc. (NASDAQ: ADTN), and Harris Corp. (NYSE: HRS). AAAResearchReports.com has released free charting and technical research on these aforementioned companies. Register to read these reports at:
On Friday, CIENA Corp.'s stock edged higher to end the day at $22.21, up 0.77% from the previous day's closing price of $22.04. The company's shares vacillated between $21.96 and $22.44 during the trading session. A total of 0.97 million shares were traded, which is below the daily average volume of 3.65 million. The company's shares have gained 2.82% in the previous three trading sessions and 11.50% in the last three months, outperforming the S&P 500, which has advanced 0.18% and 10.58% during the respective periods. Moreover, CIENA Corp.'s stock is trading above its 200-day moving average of $20.10. Sign up for free report on CIEN at:
Shares in JDS Uniphase Corp. ended flat on Friday, as the broader market fluctuated between gains and losses. The company's shares finished the day at the previous day's closing price of $12.14, after fluctuating between $12.08 and $12.21. A total of 1.02 million shares were traded, which is below the daily average volume of 4.55 million. The company's shares have advanced 1.00% in the previous three trading sessions, outperforming the S&P 500, which has gained 0.18% during the same period. However, JDS Uniphase Corp.'s stock is trading below its 50-day and 200-day moving averages of $13.92 and $14.04, respectively. JDSU free technical report can be accessed by signing up at:
ADTRAN Inc.'s stock advanced on Friday, even as the broader market ended on a mixed note. The company's shares closed the day 1.66% higher at $25.68, after oscillating between $25.34 and $25.80. A total of 0.24 million shares were traded, which is below the daily average volume of 0.56 million. The company's shares have gained 3.63% in the previous three trading sessions and 8.63% in the last one month, outperforming the S&P 500, which has advanced 0.18% and 2.51% during the respective periods. Furthermore, ADTRAN Inc.'s stock is trading above its 50-day and 200-day moving averages of $24.97 and $23.75, respectively. A free report on ADTN can be accessed by registering at:
On Friday, Harris Corp. ended the day at $64.51, which is 0.46% lower than the previous day's closing price of $64.81. The company's shares fluctuated between $64.38 and $64.96 during the trading session. A total of 0.20 million shares were traded, which is below the daily average volume of 0.62 million. Despite Friday's losses, the company's shares have gained 4.52% in the last one month and 13.91% in the previous three months, outperforming the S&P 500, which has gained 2.51% and 10.58% during the respective periods. Additionally, Harris Corp.'s stock is trading near its 52-week high of $65.87 and above its 50-day and 200-day moving averages of $61.19 and $52.94, respectively. Register with AAA Research Reports and download research on HRS for free at:
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