LONDON, September 13, 2013 /PRNewswire/ --
On Thursday, September 12, 2013, all three benchmark indexes closed lower, with the Dow Jones Industrial Average falling by 0.17%, the S&P 500 losing 0.34%, and the NASDAQ Composite declining by 0.24%. The shares in the semiconductor - integrated circuits industry fell sharply as the broader markets finished on a lower note. The major movers in the sector included RF Micro Devices Inc. (NASDAQ: RFMD), Skyworks Solutions Inc. (NASDAQ: SWKS), Semtech Corporation (NASDAQ: SMTC), and PLX Technology Inc. (NASDAQ: PLXT). AAAResearchReports.com free coverage on RFMD, SWKS, SMTC, and PLXT is available upon registration at:
On Thursday, RF Micro Devices Inc.'s stock ended the session 2.10% lower than the previous day's price of $5.49. The company's shares oscillated between $5.31 and $5.52 before closing the day at $5.37. A total of 4.70 million shares were traded, which is above the daily average volume of 4.41 million. Despite Thursday's losses, the company's shares have advanced 8.48% in the previous one month and 7.40% in the last three months, outperforming the S&P 500 which has fallen by 0.36% and has gained 4.40% during the respective periods. Additionally, RF Micro Devices Inc.'s stock has moved nearer to its 52-week high of $5.75 as well as above its 50-day and 200-day moving averages of $5.17 and $5.05, respectively. Download free technical research on RFMD by signing up at:
On Thursday, Skyworks Solutions Inc.'s shares oscillated between $25.28 and $25.75 before closing the day at $25.40, which is 0.70% lower than the previous day's closing price of $25.58. A total of 2.56 million shares were traded, which is below the daily average volume of 3.13 million. The company's shares have rallied 22.59% in the last three months and advanced 4.74% in the last one month, outperforming the S&P 500 which has gained 4.40% and has lost 0.36% during the respective periods. Moreover, Skyworks Solutions Inc.'s stock is trading above its 50-day and 200-day moving averages of $24.05 and $22.49, respectively. Register now and get access to free analysis on SWKS at:
Semtech Corp.'s stock closed slightly lower on Thursday, tracking losses in the broader market. The company's shares fluctuated between $30.85 and $31.48 before finishing the day 0.16% lower at $31.25. A total of 0.41 million shares were traded, which is below the daily average volume of 0.71 million. The company's shares have gained 2.66% in the previous three trading sessions and 5.11% in the last one month, outperforming the S&P 500 which has gained 0.70% and has lost 0.36% during the respective periods. Furthermore, Semtech Corp.'s stock is trading below its 50-day and 200-day moving averages of $31.49 and $31.79, respectively. Sign up and read our complimentary report on SMTC at:
Shares in PLX Technology Inc. fell sharply on Thursday, reversing some of its gains from the previous trading session. The company's shares closed the day 1.87% lower at $5.76 after trading between $5.73 and $5.89. A total of 0.27 million shares were traded, which is below the daily average volume of 0.44 million. The company's shares have surged 22.81% in the last three months and 7.26% in the last one month, compared to a gain of 4.40% and a loss of 0.36% in the S&P 500 during the respective periods. Moreover, PLX Technology Inc.'s stock is trading above its 50-day and 200-day moving averages of $5.34 and $4.73, respectively. The free report on PLXT 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 an analyst. However, we are only human and are prone to make 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 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