Pre-Market Analysis: Cisco Systems Inc., Red Hat Inc., ASML Holding N.V., and Parkervision Inc.
LONDON, October 11, 2013 /PRNewswire/ --
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The U.S. equity market rallied on Thursday, October 10, 2013, with the S&P 500 and the Dow Jones Industrial Average gaining 2.18% each, while the NASDAQ Composite rose 2.26%. Shares in the technology sector ended on a mixed note, even as the broader market posted gains. The major movers in the sector included Cisco Systems Inc. (NASDAQ: CSCO), Red Hat Inc. (NYSE: RHT), ASML Holding N.V. (NASDAQ: ASML), and Parkervision Inc. (NYSE: PRKR). All these companies are tracked by AAAResearchReports.com. Free technical research on CSCO, RHT, ASML, and PRKR can be downloaded upon signing up at:
Cisco Systems Inc.'s stock posted gains on Thursday, reversing all the losses from the previous trading session. The company's shares vacillated between $22.60 and $23.08 before ending the day 2.27% higher at $23.01. A total of 38.66 million shares were traded, which is above the daily average volume of 34.66 million. The company's shares have gained 0.52% in the previous three trading sessions, underperforming the S&P 500 which has advanced 0.98% during the same period. Moreover, Cisco Systems Inc.'s stock is trading above its 200-day moving average of $22.74. Sign up and read the complimentary report on CSCO at:
On Thursday, Red Hat Inc.'s stock declined to close at $42.87, down 0.53% from the previous day's closing price of $43.10. The company's shares oscillated between $42.35 and $43.40 during the trading session. A total of 3.42 million shares were traded, which is above the daily average volume of 1.56 million. The company's shares have declined 5.68% in the previous three trading sessions, compared to a gain of 0.98% in the S&P 500 during the same period. Additionally, Red Hat Inc.'s stock is also trading below its 50-day and 200-day moving averages of $50.42 and $50.65, respectively. The free report on RHT can be downloaded by signing up now at:
Shares in ASML Holding N.V. advanced on Thursday, tracking gains in the broader market. The company's shares closed the day at $97.71, up 1.68%, after fluctuating between $96.55 and $97.82 during the trading session. A total of 1.05 million shares were traded, which is above the daily average volume of 0.89 million. The company's shares have advanced 16.53% in the previous three months and 8.12% in the last one month, compared to a gain of 2.42% and 0.51% the S&P 500 during the respective periods. Further, ASML Holding N.V.'s stock is trading above its 50-day and 200-day moving averages of $93.05 and $79.27, respectively. A free report on ASML can be accessed by registering at:
Parkervision Inc.'s stock plummeted on Thursday, even as the U.S. equity market rallied. The company's shares ended the day at $2.61, which is 4.40% lower than the previous day's price of $2.73. The company's shares vacillated between $2.36 and $3.03 during the trading session. A total of 2.31 million shares were traded, which is above the daily average volume of 0.60 million. Parkervision Inc.'s stock has lost 17.41% in the previous three trading sessions, underperforming the S&P 500 which has gained 0.98% during the same period. Furthermore, the company's shares are trading below their 50-day and 200-day moving averages of $3.63 and $3.65, respectively. Register with AAA Research Reports and download research on PRKR for free at:
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