LONDON, December 30, 2013 /PRNewswire/ --
On Friday, December 27, 2013, the US equity market finished the day on a lower note. The S&P 500 closed the day 0.03% lower at 1,841.40; the Dow Jones Industrial Average finished 0.01% lower at 16,478.41; and the NASDAQ Composite ended 0.25% lower at 4,156.59. The S&P 500 Information Technology Sector Index ended the day at 581.94, down 0.20%; while the same has gained 3.48% in the last one month and 12.07% in the previous three months, outperforming the S&P 500, which has gained 1.97% and 9.51% during the respective periods. The major movers in the Information Technology Sector included Zynga Inc. (NASDAQ: ZNGA), VeriSign Inc. (NASDAQ: VRSN), QLogic Corporation (NASDAQ: QLGC), and Tableau Software Inc. (NYSE: DATA). AAAResearchReports.com has completed their technical analysis on ZNGA, VRSN, QLGC, and DATA and these free reports are accessible by registering at:
On Friday, Zynga Inc.'s stock declined 2.95%, as the broader market edged lower. The company's shares traded between $3.95 and $4.06 before ending the day at the intra-day low of $3.95. A total of 12.03 million shares were traded, which is below the daily average volume of 23.00 million. The company's shares have fallen by 3.19% in the previous three trading sessions and 9.20% in the last one month, underperforming the S&P 500, which has advanced 0.73% and 1.97% during the respective periods. However, Zynga Inc.'s stock is trading above its 50-day and 200-day moving averages of $3.93 and $3.40, respectively. Sign up for free technical research on ZNGA at:
VeriSign Inc.'s stock vacillated between $59.39 and $59.79 before closing Friday's session 0.39% lower at $59.45. A total of 0.58 million shares were traded, which is below the daily average volume of 1.16 million. Despite Friday's losses, the company's shares have gained 4.56% in the last one month and 16.16% in the previous three months, outperforming the S&P 500, which has advanced 1.97% and 9.51% during the respective periods. Furthermore, VeriSign Inc.'s stock is trading near its 52-week high of $59.89, and above its 50-day and 200-day moving averages of $55.82 and $49.61, respectively. Be sure to read our latest technical research on VRSN by registering at:
On Friday, shares in QLogic Corp. gained 0.74% to finish the day at $11.64. The company's shares oscillated between $11.50 and $11.64 during the trading session. A total of 0.41 million shares were traded, which is below the daily average volume of 0.81 million. The company's shares have gained 1.84% in the previous three trading sessions and 5.53% in the last three months, compared to a gain of 0.73% and 9.51% in the S&P 500 during the respective periods. Additionally, QLogic Corp.'s stock is trading above its 200-day moving average of $10.96. Sign up and read the complimentary report on QLGC at:
Shares in Tableau Software Inc. edged lower on Friday, to end the day at $67.60, down 0.15% from the previous day's closing price of $67.70. The company's shares fluctuated between $66.63 and $68.10 during the trading session. A total of 0.21 million shares were traded, which is below the daily average volume of 0.67 million. Despite Friday's pullback, the company's shares have gained 3.14% in the last one month, outperforming the S&P 500, which has advanced 1.97%, during the same period. Moreover, Tableau Software Inc.'s stock is trading above its 50-day moving average of $64.67. The free report on DATA can be downloaded by signing up now at:
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SOURCE AAA Research Reports