Early Briefing and Review: Fusion-io Inc., Brocade Communications Systems Inc., Emulex Corp., and Quantum Corp.

LONDON, September 26, 2013 /PRNewswire/ --

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

On Wednesday, September 25, 2013, all three indexes of the US equity market edged lower. The S&P 500 ended the day at 1,692.77, down 0.27%; the Dow Jones Industrial Average closed at 15,273.26, down 0.40%; and the NASDAQ Composite finished at 3,761.10, down 0.19%. Shares in the data storage devices industry ended on a mixed note, even as the broader market posted losses. The major movers in the industry included Fusion-io Inc. (NYSE: FIO), Brocade Communications Systems Inc. (NASDAQ: BRCD), Emulex Corporation (NYSE: ELX), and Quantum Corporation (NYSE: QTM). AAAResearchReports.com has released free charting and technical research on these aforementioned companies. Register to read these reports at:

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

Fusion-io Inc.'s stock rose 0.80% on Wednesday, extending gains from the previous trading session. The company's shares closed the day at 13.93 after trading between $13.78 and $14.20. A total of 1.56 million shares were traded, which is below the daily average volume of 3.80 million. The company's shares have rallied 32.16% in the last one month, outperforming the S&P 500 which has gained 1.76% during the same period. Furthermore, Fusion-io Inc.'s stock is trading above its 50-day moving average of $12.95. Sign up for free report on FIO at:

http://www.AAAResearchReports.com/FIO092613.pdf  

On Wednesday, shares in Brocade Communications Systems Inc. edged higher, hitting a new 52-week high of $8.43. The company's shares closed the day at $8.19, up 0.12% from the previous day's price of $8.18. A total of 10.17 million shares were traded, which is above the daily average volume of 6.56 million. The company's shares have gained 4.33% in the last one month and 53.95% in the previous three months, compared to a gain of 1.76% and 6.60% in the S&P 500 during the respective periods. Moreover, Brocade Communications Systems Inc.'s stock is trading above its 50-day and 200-day moving averages of $7.30 and $6.07, respectively. BRCD free technical report can be accessed by signing up at:

http://www.AAAResearchReports.com/BRCD092613.pdf  

Shares in Emulex Corp. fell by 0.25% on Wednesday, tracking losses in the broader market. The company's shares oscillated between $7.95 and $8.10 before finishing the day at $8.02. A total of 0.47 million shares were traded, which is less than the daily average volume of 0.75 million. Despite Wednesday's losses, the company's shares have surged 8.38% in the last one month and 29.98% in the previous three months, outperforming the S&P 500 which has gained 1.76% and 6.60% during the respective periods. Additionally, Emulex Corp.'s stock is trading above its 50-day and 200-day moving averages of $7.78 and $6.97, respectively. A free report on ELX can be accessed by registering at:

http://www.AAAResearchReports.com/ELX092613.pdf  

Quantum Corp.'s stock edged lower on Wednesday, reversing some of the gains from the previous trading session. The company's shares ended the day 0.70% lower at $1.42, after vacillating between $1.40 and $1.44. A total of 1.06 million shares were traded, which is below the daily average volume of 1.18 million. Despite Wednesday's pullback, the company's shares have advanced 2.90% in the previous three months, compared to a gain of 6.60% in the S&P 500 during the same period. Further, Quantum Corp.'s stock is trading above its 200-day moving average of $1.40. Register with AAA Research Reports and download research on QTM for free at:

http://www.AAAResearchReports.com/QTM092613.pdf  

----

EDITOR 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 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.
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 [email protected].
5. For any urgent concerns or inquiries, please contact us at [email protected].
6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] for consideration.

COMPLIANCE PROCEDURE

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.

AAAresearchreports.com

SOURCE AAA Research Reports

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED