Yahoo!, Akamai Technologies, Yandex, Renren, and AOL Early Briefing and Review
LONDON, March 1, 2013 /PRNewswire/ --
The markets ended yesterday's session down after seeing timid boost in early hours of trading. The Dow Jones ended the day 0.15 percent lower at 14,054.49, while the S&P 500 closed at 1,514.68, down 0.09 percent. NASDAQ also followed suit to end the day at 3,160.19, down 0.07 percent. The Internet information provider segment saw some action as Groupon fired its CEO. Our research team took a look at internet information providers including major companies like Yahoo Inc. (NASDAQ: YHOO), Akamai Technologies Inc. (NASDAQ: AKAM), Yandex N.V. (NASDAQ: YNDX) Renren Inc. (NYSE: RENN) and AOL Inc. (NYSE: AOL). StockCall has released free charting and technical research on these aforementioned companies. Register to read these reports at
http://www.stockcall.com/report
Despite the downward movement shown by broad market indices, Yahoo Inc.'s stock finished 0.69 percent higher at $21.31, with volume 18.88 million. Yahoo has had a good run so far in 2013 so far with its year-to-date gain at 7.06 percent. Additionally, the stock currently shows a bullish trend which is further confirmed by the stock's MACD chart. The tech company has its first support level at $20.90. Sign up for the free report on YHOO at
http://www.StockCall.com/YHOO030113.pdf
Akamai Technologies stock rose in its latest trading session. The stock closed 1.04 percent higher at $36.96 with 2.76 million share volume. Despite the significant upward movement, Akamai's stock is still down more than 9 percent for the year. In the past 52 weeks, the company is down 0.67 percent. The stock currently has support at $36.84 level. The stock's MACD chart shows a neutral trend. It may face its first resistance level at $37.88. Upon breaching this level, the stock may go as high as $38.62. AKAM free technical report can be accessed by signing up at
http://www.StockCall.com/AKAM030113.pdf
Yandex N.V. is currently in a neutral mode as the stock ended its previous trading session at $23.19, down 3.13 percent. The stock traded in the range of $23.17 and $24.02 during the session. Its first support level is at $23.01 and upon breaching this level, the stock may go down to $22.60 level. On the upside, Yandex's stock may touch $23.54 level. It has traded in the range of $16.65 and $28.14 in the past 52 weeks. Free report on YNDX can be accessed by registering at
http://www.StockCall.com/YNDX030113.pdf
Renren's shares closed lower for its latest trading session, ending the day 1.66 percent down at $2.96. The stock fell to an intra-day low of $2.96, while its intra-day high stood at $3.03. With the sliding movement, Renren declined 14.2 percent this year, compared to a gain of 6.2 percent for the S&P 500. It has strong support at around $2.86, as the stock shows a neutral trend. The stock is trading lower than its 20-day and 50-day moving averages, confirming its neutral mode. Register with StockCall and download the research on RENN for free at
http://www.StockCall.com/RENN030113.pdf
AOL Inc. traded in the range of $36.63 and $37.81 in its latest trading session and ended it at $36.90, down 2.95 percent. The stock's 52 weeks range stands at $16.80 and $43.93. AOL Inc. has gained 102 percent in the past 12 months, while it grew 24 percent so far in 2013. The company is in a bullish mode and may find its first support level at $36.78. It is trading above its 20-day moving average of $35.5. Read the full free research on AOL by signing up to StockCall at
http://www.StockCall.com/AOL030113.pdf
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SOURCE StockCall.com
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