LONDON, September 30, 2013 /PRNewswire/ --
The U.S. equity market ended the day lower on Friday, September 27, 2013. The Dow Jones Industrial Average closed at 15,258.24, down 0.46%; the S&P 500 closed at 1,691.75, down 0.41%; and the NASDAQ Composite finished at 3,781.59, down 0.25%. The semiconductor - integrated circuits industry ended mostly on a lower note as the broader market edged lower. The major movers in the industry included Broadcom Corporation (NASDAQ: BRCM), Marvell Technology Group Ltd (NASDAQ: MRVL), PMC-Sierra Inc. (NASDAQ: PMCS), and Applied Micro Circuits Corporation (NASDAQ: AMCC). AAAResearchReports.com has released full comprehensive research on BRCM, MRVL, PMCS, and AMCC. These free technical analyses can be downloaded by signing up at:
Broadcom Corp.'s stock fell sharply by 2.01% on Friday, tracking losses in the broader market. The company's shares vacillated between $25.61 and $26.25 before finishing the day at $25.84. A total of 9.35 million shares were traded, which is below the daily average volume of 10.87 million. Broadcom Corp.'s shares have gained 2.34% in the previous one month, underperforming the S&P 500 which has gained 3.60% during the same period. Furthermore, the company's stock is trading below its 50-day and 200-day moving averages of $26.79 and $32.44, respectively. A free technical analysis on BRCM available by signing up at:
On Friday, Marvell Technology Group Ltd's stock fell sharply to close at $11.68, which is 2.59% lower than the previous day's closing price of $11.99. The company's shares oscillated between $11.68 and $11.97 during the trading session. A total of 7.10 million shares were traded, which is above the daily average volume of 5.85 million. The company's shares have lost 0.26% in the previous three months, compared to a gain of 5.32% in the S&P 500 during the same period. Additionally, Marvell Technology Group Ltd's stock is trading above its 200-day moving average of $10.75. Register today and access free research on MRVL at:
PMC-Sierra Inc.'s stock fell by 0.90% on Friday, as the broader market ended on a negative note. The company's shares closed the day at $6.63 after oscillating between $6.60 and $6.70. A total of 0.77 million shares were traded, which is below the daily average volume of 2.07 million. PMC-Sierra Inc.'s shares have gained 4.74% in the previous one month, compared to a gain of 3.60% in the S&P 500 during the same period. Moreover, the company's stock is trading above its 50-day and 200-day moving averages of $6.55 and $6.24, respectively. The free report on PMCS can be downloaded by signing up now at:
Shares in Applied Micro Circuits Corp. moved higher on Friday, extending the gains from the previous trading session. The company's shares closed the day 0.48% higher at $12.65 after oscillating between $12.27 and $12.69 during the trading session. A total of 0.27 million shares were traded, which is less than the daily average volume of 0.86 million. Applied Micro Circuits Corp.'s shares have surged 43.75% in the previous three months and 13.35% in the last one month, compared to a gain of 5.32% and 3.60% in the S&P 500 during the respective periods. Moreover, the company's stock is currently trading near its 52-week high of $13.19 as well as above its 50-day and 200-day averages of $11.81 and $9.16, respectively. A free report on AMCC can be accessed by registering at:
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SOURCE AAA Research Reports