Internet Software and Services Stocks Technical Data -- LinkedIn, Millennial Media, Monster Worldwide, Pandora Media, and VeriSign
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LONDON, August 18, 2014 /PRNewswire/ --
The trading session on Friday, August 15, 2014 ended on a mixed note as the Dow Jones Industrial Average finished at 16,662.91, down 0.30% and the NASDAQ Composite closed at 4,464.93, up 0.27%. The S&P 500 finished the day 0.01% lower at 1,955.06. During the trading session six out of ten sectors finished on a positive note. The S&P 500 Information Technology Sector Index finished the day at 648.29, up 0.11%, and the index has advanced 8.66% in the previous three months. Investor-Edge has initiated coverage on the following equities: LinkedIn Corp. (NYSE: LNKD), Millennial Media Inc. (NYSE: MM), Monster Worldwide Inc. (NYSE: MWW), Pandora Media Inc. (NYSE: P) and VeriSign Inc. (NASDAQ: VRSN). Free research on these five companies can be accessed at:
http://investor-edge.com/register
LinkedIn Corp.'s stock edged 0.69% higher on Friday, ending the session at $219.86. A total of 2.44 million shares were traded, above its three months average volume of 2.06 million shares. The stock moved between $214.23 and $220.01 during the session. Shares in LinkedIn Corp. have gained 3.04% in the previous three trading sessions and 39.85% in the last one month. Moreover, the company's shares have advanced 1.40% from the beginning of 2014. The company's stock is trading above its 50-day and 200-day moving averages. The stock's 50-day moving average of $176.35 is below its 200-day moving average of $191.14. Furthermore, LinkedIn Corp.'s stock has a Relative Strength Index (RSI) of 82.53. Sign up and read the free notes on LNKD at:
http://www.Investor-Edge.com/LNKD-18Aug2014
Shares in Millennial Media Inc. declined 4.05% on Friday, closing the day at $2.37. The stock recorded a trading volume of 2.09 million shares, which was above its three months average volume of 1.72 million shares. The stock oscillated between $2.32 and $2.50 during the session. Shares in Millennial Media Inc. have fallen by 5.95% in the previous three trading sessions and 35.25% in the last one month. Additionally, the company's shares have lost 67.40% since the start of this year. Shares in Millennial Media Inc. are trading below their 50-day and 200-day moving averages of $3.83 and $5.76, respectively. Moreover, the stock has an RSI of 19.01. The complimentary notes on MM can be downloaded as in PDF format at:
http://www.Investor-Edge.com/MM-18Aug2014
On Friday, shares in Monster Worldwide Inc. lost 0.37%, closing the day at $5.43. The stock recorded a trading volume of 0.87 million shares, which was below its three months average volume of 1.30 million shares. The stock oscillated between $5.36 and $5.53 during the session. Shares in Monster Worldwide Inc. have declined 0.73% in the previous three trading sessions and 15.55% in the last one month. Moreover, the company's shares have lost 23.84% since the start of this year. Monster Worldwide Inc.'s shares are trading below their 50-day and 200-day moving averages of $6.31 and $6.44, respectively. Additionally, the stock has an RSI of 31.68. Register for free on Investor-Edge and access the latest research on MWW at:
http://www.Investor-Edge.com/MWW-18Aug2014
Shares in Pandora Media Inc. fluctuated between $27.70 and $28.37 before ending Friday's session 0.36% higher at $28.17. The stock reported a trading volume of 5.74 million shares, which was below its three months average volume of 8.00 million shares. Shares in Pandora Media Inc. have gained 9.61% in the previous three trading sessions, 10.69% in the last one month and 5.90% on YTD basis. Shares in Pandora Media Inc. are trading above their 50-day moving average. The stock's 50-day moving average of $26.88 is below its 200-day moving average of $29.19. Further, the company's shares have an RSI of 59.55. The complete research on P is available for free at:
http://www.Investor-Edge.com/P-18Aug2014
VeriSign Inc.'s stock recorded a trading volume of 1.15 million shares, near its three months average volume of 1.22 million shares. On Friday, the stock finished the day at $55.74, which was 0.45% higher its previous day's closing of $55.49, and registered an intraday range of $55.46 and $56.32. Shares in VeriSign Inc. have advanced 1.24% in the previous three trading sessions and 13.96% in the last one month. However, the company's shares are down 6.76% on YTD basis. Shares in VeriSign Inc. are trading above their 50-day and 200-day moving averages of $51.58 and $53.69, respectively. Furthermore, the stock traded at a PE ratio of 14.69 and has an RSI of 67.74. Free in depth research on VRSN is available at:
http://www.Investor-Edge.com/VRSN-18Aug2014
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