Early Briefing and Review: NetApp Inc., Taiwan Semiconductor Manufacturing Co. Ltd, Rackspace Hosting Inc. and Silicon Graphics Intl. Corp.
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LONDON, November 14, 2013 /PRNewswire/ --
The U.S. equity market advanced on Wednesday, November 13, 2013. All three benchmark indexes posted gains, with the S&P 500, the Dow Jones Industrial Average, and the NASDAQ Composite gaining 0.81%, 0.45% and 1.16%, respectively. Shares in the technology sector fluctuated between gains and losses, even as the broader market edged higher. The major movers in the sector included NetApp Inc. (NASDAQ: NTAP), Taiwan Semiconductor Manufacturing Co. Ltd (NYSE: TSM), Rackspace Hosting Inc. (NYSE: RAX), and Silicon Graphics International Corp. (NASDAQ: SGI). AAAResearchReports.com has released free charting and technical research on these aforementioned companies. Register to read these reports at:
http://www.aaaresearchreports.com/register/
NetApp Inc.'s shares closed the day at $41.29, up 2.71%, after oscillating between $39.75 and $41.30 during the trading session. A total of 6.94 million shares were traded, which is above the daily average volume of 5.25 million. The company's shares have advanced 3.46% in the previous three trading sessions, compared to a gain of 0.64% in the S&P 500 during the same period. Additionally, NetApp Inc.'s stock is trading above its 200-day moving average of $38.30. Sign up for free report on NTAP at:
http://www.AAAResearchReports.com/NTAP111413.pdf
Taiwan Semiconductor Manufacturing Co. Ltd's stock declined 1.12% on Wednesday, even as the broader market edged higher. The company's shares closed the day at $17.61 after oscillating between $17.36 and $17.75 during the trading session. A total of 12.73 million shares were traded, which is above the daily average volume of 9.43 million. Despite Wednesday's pullback, the company's shares have gained 8.24% in the previous three months, outperforming the S&P 500, which has advanced 5.18% during the same period. Further, Taiwan Semiconductor Manufacturing Co. Ltd's stock is trading below its 50-day and 200-day moving averages of $17.87 and $17.85, respectively. TSM free technical report can be accessed by signing up at:
http://www.AAAResearchReports.com/TSM111413.pdf
On Wednesday, Rackspace Hosting Inc.'s stock posted losses to end the day at $42.68, which is 1.77% lower than the previous day's closing price of $43.45. The company's shares vacillated between $42.18 and $42.96 during the trading session. A total of 6.01 million shares were traded, which is above the daily average volume of 1.77 million. The company's shares have lost 9.40% in the previous three months, underperforming the S&P 500, which has gained 5.18% during the same period. Furthermore, Rackspace Hosting Inc.'s stock is trading below its 50-day and 200-day moving averages of $50.57 and $48.15, respectively. A free report on RAX can be accessed by registering at:
http://www.AAAResearchReports.com/RAX111413.pdf
Silicon Graphics International Corp.'s stock advanced 0.49% on Wednesday, tracking gains in the broader market. The company's shares closed the day at $12.25 after oscillating between $12.01 and $12.30 during the trading session. A total of 0.47 million shares were traded, which is below the daily average volume of 0.61 million. The company's shares have gained 0.41% in the previous three trading sessions, underperforming the S&P 500, which has gained 0.64% during the same period. Despite Wednesday's gains, Silicon Graphics International Corp.'s stock is trading below its 50-day and 200-day moving averages of $14.79 and $14.82, respectively. Register with AAA Research Reports and download research on SGI for free at:
http://www.AAAResearchReports.com/SGI111413.pdf
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