LONDON, July 7, 2014 /PRNewswire/ --
The US markets on Thursday, July 3, 2014 ended on a positive note as the Dow Jones Industrial Average finished at 17,068.26, up 0.54% and the NASDAQ Composite closed at 4,485.93, up 0.63%. The S&P 500 finished the session 0.55% higher at 1,985.44. During the trading session, nine out of ten sectors finished on a higher note. The S&P 500 Information Technology Sector Index ended the day at 642.67, up 0.52%, with the index gaining 9.45% in the previous three months. Investor-Edge has initiated coverage on the following equities: Micron Technology Inc. (NASDAQ: MU), Rambus Inc. (NASDAQ: RMBS), Spansion Inc. (NYSE: CODE) and Semtech Corp. (NASDAQ: SMTC). Free technical research on MU, RMBS, CODE and SMTC can be downloaded upon signing up at: http://www.investor-edge.com/4565-register On Thursday, shares in Micron Technology Inc. recorded a trading volume of 13.88 million shares, lower than its three months average volume of 29.77 million shares. The stock ended the day at $33.73, which was 0.09% below its previous day's closing of $33.76, and registered an intraday range of $33.65 and $34.28. Shares of the company traded at a PE ratio of 7.29. Micron Technology Inc.'s stock has gained 2.37% in the previous three trading sessions, 14.18% in the last one month, and 55.08% on YTD basis. The company's stock is trading above its 50-day and 200-day moving averages of $28.93 and $23.34, respectively. Furthermore, shares of Micron Technology Inc. have a Relative Strength Index (RSI) of 70.91. Sign up today to read free research on MU at: http://www.investor-edge.com/4565-MU-07Jul2014.pdf Rambus Inc.'s stock finished the Thursday's session 3.38% higher at $14.68. A total of 0.79 million shares were traded, which was below its three months average volume of 1.17 million shares. The stock vacillated between $14.03 and $14.77 during the session. Over the last one month and over the previous three months, Rambus Inc.'s shares have surged 20.53% and 31.42%, respectively. Additionally, from the beginning of 2014, the company's stock has gained an upside of 55.02%. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $12.70 is greater than its 200-day moving average of $10.26. Rambus Inc.'s stock has an RSI of 69.24. Sign up today to read free research on RMBS at: http://www.investor-edge.com/4565-RMBS-07Jul2014.pdf On Thursday, Spansion Inc.'s stock fluctuated between $21.44 and $21.73 before ending the session 1.36% higher at $21.69. The stock reported a trading volume of 0.20 million shares, below its three months average volume of 1.03 million shares. Spansion Inc.'s shares have gained 2.94% in the previous three trading sessions, 5.70% in the last one month, and 56.16% on YTD basis. The stock is trading above its 50-day and 200-day moving averages of $19.44 and $15.46, respectively. Moreover, shares of Spansion Inc. have an RSI of 66.88. Sign up today to read free research on CODE at: http://www.investor-edge.com/4565-CODE-07Jul2014.pdf Semtech Corp.'s stock gained 1.14%, to close the day at $26.73. The stock recorded a trading volume of 0.27 million shares, below its three months average volume of 0.47 million shares. The company shares oscillated between $26.29 and $26.73 during the session. Over the last three trading sessions and over the past three months, Semtech Corp.'s shares have gained 2.22% and 6.37%, respectively. Further, the stock has advanced 5.74% since the start of this year. The stock is trading above its 50-day and 200-day moving averages. Semtech Corp.'s 200-day moving average of $26.59 is above its 50-day moving average of $25.24. Additionally, the stock has an RSI of 56.21. Sign up today to read free research on SMTC at: http://www.investor-edge.com/4565-SMTC-07Jul2014.pdf =============== EDITOR'S NOTES: =============== 1. This is not company news. We are an independent source and our views do not reflect the companies mentioned. 2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below. 3. 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. 4. 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 [at] http://www.investor-edge.com. 5. 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