Technical Briefing: Groupon, Baidu, Youku, and ValueClick
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LONDON, July 30, 2013 /PRNewswire/ --
The US equity market edged lower on Monday, July 29, 2013, as investors remained on the sidelines ahead of Federal Reserve's meeting, which kicks off on Tuesday, July 30, 2013. Investors will be closely watching the Fed's monetary policy statement, which is expected to provide hints on when the central bank plans to start easing its $85 billion a month bond purchase program. Market participants will also remain focused on some key economic data which will be released later this week. Shares in Internet information providers ended on a mixed note even as the broader market edged lower. The major movers in the industry included Groupon Inc. (NASDAQ: GRPN), Baidu.com Inc. (ADR) (NASDAQ: BIDU), Youku Tudou Inc. (ADR) (NYSE: YOKU), and ValueClick Inc. (NASDAQ: VCLK). All these companies are tracked by AAAResearchReports.com. Free technical research reports on GRPN, BIDU, YOKU, and VCLK can be accessed by signing up at:
Shares in Groupon Inc. fell sharply on Monday, reversing some of their gains from previous trading sessions. The company's shares fluctuated between $8.85 and $9.34 before finishing the day 4.49% lower at $8.92. A total of 11.38 million shares were traded, which is below the daily average volume of 16.56 million. Despite Monday's sharp decline, Groupon's shares have advanced 4.33% in the last one month and 42.49% in the last three months as compared to a gain of 4.92% and 5.76% in the S&P 500 during the respective periods. Download free report on GRPN upon registration at:
Baidu.com Inc.'s stock moved higher on Monday even as the broader market struggled. The company's shares oscillated between $126.33 and $130.33 before closing the day 1.39% higher at $129.33. A total of 5.78 million shares were traded, which is above the daily average volume of 4.72 million. The stock has gained 36.71% in the last one month, outperforming the S&P 500 which has advanced by 4.92% in the same period. BIDU technical report can be accessed for free by signing up at:
Shares in Youku Tudou Inc. edged lower on Monday, reversing some of their recent gains. The company's shares fluctuated between $20.92 and $21.79 before ending the session 1.22% lower at $21.01. A total of 3.18 million shares were traded, which is more than the daily average volume of 1.50 million. The stock has gained 9.48% in the last one month, outperforming the S&P 500. A free report on YOKU can be accessed by registering at:
ValueClick Inc.'s stock edged higher on Monday, finishing at $24.33, up 0.91% from its previous closing price. The company's shares oscillated between $23.76 and $24.84. A total of 827,837 shares were traded, which is above the daily average volume of 749,714. The company's shares have fallen by 1.54% in the last one month and 19.86% in the last three months. Register with AAA Research Reports and download research on VCLK for free at:
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SOURCE AAA Research Reports
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