LONDON, January 14, 2014 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
On Monday, January 13, 2014, the U.S. equity market declined, as the S&P 500 ended the day at 1,819.20, down 1.26%; the Dow Jones Industrial Average closed at 16,257.94, down 1.09%; and the NASDAQ Composite finished at 4,113.31, down 1.47%. The S&P 500 Information Technology Sector Index edged 1.01% lower, closing at 572.92. The S&P 500 Software Industry Index closed 2.12% lower at 780.50. Additionally, the S&P 500 Health Care Providers & Services Industry Index closed at 451.67, down 1.32%. The major movers in the information technology sector included Nuance Communications Inc. (NASDAQ : NUAN ), Fortinet Inc. (NASDAQ : FTNT ), SAP AG (NYSE : SAP ), and Catamaran Corporation (NASDAQ : CTRX ). AAAResearchReports.com has completed their technical analysis on NUAN, FTNT, SAP, and CTRX and these free reports are accessible by registering at:
On Monday, shares in Nuance Communications Inc. declined, tracking losses in the broader market. The company's shares ended the day at $14.82, down 1.53% from the previous day's closing price of $15.05, after vacillating between $14.76 and $15.08 during the trading session. A total of 3.96 million shares were traded, which is below the daily average volume of 7.10 million. The company's shares have gained 4.15% in the last one month, outperforming the S&P 500, which has advanced 2.47% during the same period. Furthermore, Nuance Communications Inc.'s stock is trading below its 50-day and 200-day moving averages of $15.07 and $18.13, respectively. Sign up for free technical research on NUAN at:
Shares in Fortinet Incedged higher on Monday, closing the day 0.41% higher at $19.64, after vacillating between $19.57 and $20.21. A total of 6.30 million shares were traded, which is above the daily average volume of 2.38 million. The company's shares have surged 11.09% in the last one month, outperforming the S&P 500, which has advanced 2.47% during the same period. Furthermore, Fortinet Inc.'s stock is trading above its 50-day and 200-day moving averages of $18.96 and $19.48, respectively. Be sure to read our latest technical research on FTNT by registering at:
SAP AG.'s stock fluctuated between $83.00 and $83.79 before ending Monday's session 0.62% lower at $83.02. A total of 1.48 million shares were traded, which is above the daily average volume of 1.04 million. The company's shares have gained 2.35% in the last one month and 12.57% in the previous three months, compared to a gain of2.47% and 6.81% in the S&P 500, during the respective periods. Further, SAP AG.'s stock is trading above its 50-day and 200-day moving averages of $82.19 and $77.34, respectively. Sign up and read the complimentary report on SAP at:
On Monday, shares in Catamaran Corp. finished the day at $50.28, which is 0.40% higher than the previous day's closing price of $50.08. The company's shares fluctuated between $49.75 and $50.80 during the trading session. A total of 2.18 million shares were traded, which is above the daily average volume of 1.83 million. The company's shares have gained 3.33% in the previous three trading sessions and 10.55% in the last one month, outperforming the S&P 500, which has fallen by 1.00% and advanced 2.47% during the respective periods. Additionally, Catamaran Corp.'s stock is trading above its 50-day moving average of $46.88. The free report on CTRX 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 Ananya Ghosh, a CFA charterholder. 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 represented by Ananya Ghosh, CFA, has 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.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE AAA Research Reports