Early Morning Insight: SanDisk Corp., Seagate Technology PLC, Western Digital Corp., and OCZ Technology Group Inc.
LONDON, October 9, 2013 /PRNewswire/ --
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On Tuesday, October 8, 2013, all three benchmark indexes of the US equity market fell sharply, with the Dow Jones Industrial Average, the S&P 500, and the NASDAQ Composite falling by 1.07%, 1.23%, and 2.00%, respectively. Shares in the data storage devices industry ended on a lower note, as the broader market declined. The major movers included SanDisk Corporation (NASDAQ: SNDK), Seagate Technology PLC (NASDAQ: STX), Western Digital Corporation (NASDAQ: WDC), and OCZ Technology Group Inc. (NASDAQ: OCZ). All these companies are tracked by AAAResearchReports.com. Download free technical analysis and charting reports on SNDK, STX, WDC, and OCZ now at:
http://www.aaaresearchreports.com/register/
On Tuesday, SanDisk Corp.'s stock fell sharply to close at $61.16, which is 1.80% lower than the previous day's closing price of $62.28. The company's shares oscillated between $60.79 and $62.47 during the trading session. A total of 2.93 million shares were traded, which is below the daily average volume of 4.68 million. Despite Tuesday's sharp decline, the company's shares have gained 1.90% in the previous three months and 4.83% in the last one month, outperforming the S&P 500 which has advanced 0.91% and 0.02% during the respective periods. Moreover, SanDisk Corp.'s stock is trading above its 50-day and 200-day moving averages of $58.23 and $55.20, respectively. Download free research on SNDK today by registering at:
http://www.AAAResearchReports.com/SNDK100913.pdf
Shares in Seagate Technology PLC edged lower on Tuesday, tracking losses in the broader market. The company's shares fluctuated between $44.74 and $46.61 before closing the day 0.82% lower at $44.79. A total of 4.68 million shares were traded, which is more than the daily average volume of 3.65 million. The company's shares are up 13.51% in the previous one month, outperforming the S&P 500 which has gained 0.02% during the same period. Additionally, the company's stock is currently trading above its 50-day and 200-day moving averages of $41.04 and 38.75, respectively. Sign up and have access to our free report on STX at:
http://www.AAAResearchReports.com/STX100913.pdf
Western Digital Corp.'s stock fell sharply by 1.58% on Tuesday, as the broader market slipped. The company's shares vacillated between $63.35 and $65.31 before finishing the day at $63.38. A total of 1.79 million shares were traded, which is below the daily average volume of 2.17 million. Western Digital Corp.'s shares have lost 1.20% in the previous three sessions, outperforming the S&P 500 which has declined 1.38% during the same period. Furthermore, the company's stock is trading above its 200-day moving average of $56.66. Sign up and read the complimentary report on WDC at:
http://www.AAAResearchReports.com/WDC100913.pdf
OCZ Technology Group Inc.'s stock plummeted on Tuesday, extending its losses from the previous trading session. The company's shares closed the day at $1.32, down 6.38%, after oscillating between $1.31 and $1.39. A total of 2.45 million shares were traded, which is above the daily average volume of 1.19 million. The company's shares have declined 5.71% in the previous one month, compared to a gain of 0.02% in the S&P 500 during the same period. Further, OCZ Technology Group Inc.'s stock is trading below its 50-day and 200-day moving averages of $1.52 and $1.65, respectively. The free report on OCZ can be downloaded by signing up now at:
http://www.AAAResearchReports.com/OCZ100913.pdf
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SOURCE AAA Research Reports
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