How These Tech Stocks are Faring? -- Palo Alto Networks, Gigamon, Extreme Networks, and CoreLogic
NEW YORK, March 8, 2017 /PRNewswire/ --
Stock-Callers.com have issued research reports on Palo Alto Networks Inc. (NYSE: PANW), Gigamon Inc. (NYSE: GIMO), Extreme Networks Inc. (NASDAQ: EXTR), and CoreLogic Inc. (NYSE: CLGX). On March 02nd, 2017, Charles Schwab has rated the Technology sector as "Outperform" on factors such as strong balance sheets, improved business confidence, the potential for cash repatriation, and potential of companies to increase their investment in information technology. Register now and get full and free access to our downloadable research reports on these stocks at:
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Palo Alto Networks
Santa Clara, California headquartered Palo Alto Networks Inc.'s stock finished Tuesday's session 0.35% lower at $114.25. A total volume of 2.02 million shares was traded, which was above their three months average volume of 1.90 million shares. The Company's shares are trading 18.19% below their 200-day moving average. Additionally, shares of Palo Alto Networks, which provides security platform solutions to enterprises, service providers, and government entities worldwide, have a Relative Strength Index (RSI) of 20.74.
On February 28th, 2017, Palo Alto Networks® announced its acquisition of LightCyber®, a privately held cybersecurity company that has developed award-winning, highly automated and accurate behavioral analytics technology. Under terms of the agreement, Palo Alto Networks has acquired LightCyber for $105 million in cash.
On March 03rd, 2017, research firm Argus downgraded the Company's stock rating from 'Buy' to 'Hold'. Access our complete research report on PANW for free at:
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Gigamon
On Tuesday, shares in Santa Clara, California headquartered Gigamon Inc. recorded a trading volume of 842,220 shares. The stock ended the session 0.48% higher at $31.70. The Company's shares have advanced 4.28% in the last one month. The stock is trading 15.78% below its 50-day moving average. Moreover, shares of Gigamon, which designs, develops, and sells products and services that provide customers with visibility and control of network traffic for enterprises and services providers in the US, rest of Americas, Europe, Middle East, Africa, and Asia/Pacific, have an RSI of 33.05.
On February 09th, 2017, Gigamon announced a significant expansion to its GigaSECURE® SSL/TLS Decryption solution, with new in-line capabilities, bringing enhanced visibility into encrypted data-in-motion. As the volume of encrypted traffic continues to rise, organizations are more vulnerable to encrypted attacks, hidden command and control threats and data exfiltration exploits that go undetected. With its expanded SSL decryption solution, Gigamon helps remove network blind spots to expose malicious threats and feeds decrypted traffic-of-interest to the appropriate security tools for immediate analysis and mitigation. The complimentary research report on GIMO can be downloaded at:
http://stock-callers.com/registration/?symbol=GIMO
Extreme Networks
San Jose, California headquartered Extreme Networks Inc.'s shares closed the day 0.83% higher at $6.10. The stock recorded a trading volume of 743,126 shares. The Company's shares have gained 9.91% in the last month, 42.52% over the previous three months, and 21.27% on an YTD basis. The stock is trading 8.89% and 37.11% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Extreme Networks, which provides software-driven networking solutions for enterprise customers worldwide, have an RSI of 54.75.
On March 07th, 2017, Extreme Networks announced it has entered into an asset purchase agreement with Avaya Inc. to acquire its networking business. Under the terms of the agreement, the assets of Avaya's networking business unit will be sold to Extreme for approximately $100 million, in accordance with the terms and conditions of the asset purchase agreement. Register for free on Stock-Callers.com and get access to the latest PDF format report on EXTR at:
http://stock-callers.com/registration/?symbol=EXTR
CoreLogic
Shares in Irvine, California headquartered CoreLogic Inc. finished 1.22% higher at $39.91. The stock recorded a trading volume of 666,960 shares. The Company's shares have advanced 9.82% in the last one month, 5.44% in the previous three months, and 8.36% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 7.75% and 3.51%, respectively. Furthermore, shares of CoreLogic, which provides property information, analytics, and data-enabled services in North America, Western Europe, and Asia/Pacific, have an RSI of 71.42.
On February 24th, 2017, research firm SunTrust upgraded the Company's stock rating from 'Hold' to 'Buy'.
On March 06th, 2017, CoreLogic® announced that Frank Martell has been named President and Chief Executive Officer and appointed to the Board of Directors with immediate effect. Mr. Martell succeeds Anand Nallathambi, the Company's former President and Chief Executive Officer, who passed away on March 02nd, 2017. Download your free research report on CLGX at:
http://stock-callers.com/registration/?symbol=CLGX
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