2014

Under AAAResearchReports.com Microscope: Fusion-io Inc. Brocade Comm. Systems Inc., Quantum Corp., and Emulex Corp.

LONDON, August 20, 2013 /PRNewswire/ --

Editor Note: For more information about this release, please scroll to bottom.

 

The US equity market declined on Monday, August 19, 2013. The S&P 500 fell 0.59%, closing at 1,646.06, while the Dow Jones Industrial Average fell 0.47%, closing at 15,010.74, and the NASDAQ composite fell 0.38%, to close at 3,589.09. Shares of companies in the data storage devices industry also declined on Monday, tracking losses in the broader market. The major movers in the data storage devices industry included Fusion-io Inc. (NYSE: FIO), Brocade Communications Systems Inc. (NASDAQ: BRCD), Quantum Corporation (NYSE: QTM), and Emulex Corporation (NYSE: ELX). AAAResearchReports.com has released full comprehensive research on FIO, BRCD, QTM, and ELX. These free technical analyses can be downloaded by signing up at:

http://www.aaaresearchreports.com/register/  

Fusion-io Inc.'s shares fell sharply on Monday, extending losses from previous trading sessions. The company's shares vacillated between $10.51 and $10.80 before ending the day 1.02% lower at $10.63. A total of 3.94 million shares were traded, which is above the daily average volume of 3.49 million. Further, the stock has fallen by 2.83% in the last three trading sessions, and 26.74% in the last one month, underperforming the S&P 500 which has fallen 2.33% and 2.72% during the respective periods. Additionally, Fusion-io Inc.'s stock is trading below its 50-day and 200-day moving averages. A free technical analysis on FIO available by signing up at:

http://www.AAAResearchReports.com/FIO082013.pdf

On Monday, Brocade Communications Systems Inc.'s shares ended the day 0.64% lower at $7.79 after fluctuating between $7.74 and $7.92. A total of 9.01 million shares were traded, which is lower than its daily average volume of 7.15 million. Despite the recent losses, the company's shares have gained 40.61% in the last three months, outperforming the S&P 500 which has declined 1.28% during the same period. Furthermore, the company's stock is trading above its 50-day and 200-day moving averages. Register today and access free research on BRCD at:

http://www.AAAResearchReports.com/BRCD082013.pdf

Quantum Corporation's stock tumbled on Monday, finishing at $1.43, down 5.30% from its previous closing price. The company's shares traded between $1.43 and $1.53. A total of 3.20 million shares were traded, which is significantly above the daily average volume of 1.48 million. Quantum Corporation's stock has fallen by 7.74% in the past three trading sessions, and 14.88% in the past one month, underperforming the S&P 500. Moreover, the company's shares are currently trading above their 200-day moving average. The free report on QTM can be downloaded by signing up now at:

http://www.AAAResearchReports.com/QTM082013.pdf

Shares in Emulex Corporation fell sharply on Monday, to end the day 2.37% lower. After oscillating between $7.42 and $7.59, the company's shares closed at the intra-day low of $7.42. A total of 0.47 million shares were traded, which is below the daily average volume of 0.74 million. Emulex Corporation's shares have lost 4.50% in the last three trading sessions. However, in the last three months, the stock has gained 19.29%, compared to a loss of 1.28% in the S&P 500. Moreover, the company's shares are trading above their 200-day moving average. A free report on ELX can be accessed by registering at:

http://www.AAAResearchReports.com/ELX082013.pdf

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SOURCE AAA Research Reports



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