Market Momentum:Juniper Networks, Palo Alto Networks, Aruba Networks, and Extreme Networks
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LONDON, December 31, 2013 /PRNewswire/ --
On Monday, December 30, 2013, the U.S. equity market fluctuated between gains and losses. The S&P 500 ended the day at 1,841.07, down 0.02%; the Dow Jones Industrial Average closed at 16,504.29, up 0.16%; and the NASDAQ Composite Index finished at 4,154.20, down 0.06%. The S&P 500 Information Technology Sector Index closed the session at 581.26, down 0.12%; and the S&P 500 Communications Equipment Industry Index gained 0.35% to close at 266.47. The S&P 500 Communications Equipment Industry Index has gained 1.57% in the previous three trading sessions and 2.90% in the last one month, outperforming the S&P 500, which has gained 0.42% and 1.95% during the respective periods. The major movers in the information technology sector included Juniper Networks Inc. (NYSE: JNPR), Palo Alto Networks Inc. (NYSE: PANW), Aruba Networks Inc. (NASDAQ: ARUN), and Extreme Networks Inc. (NASDAQ: EXTR). AAAResearchReports.com has completed their technical analysis on JNPR, PANW, ARUN, and EXTR and these free reports are accessible by registering at:
http://www.aaaresearchreports.com/register/
Juniper Networks Inc.'s stock rose 1.40% on Monday, even as the broader market finished on a mixed note. The company's shares ended the day at $22.53, after oscillating between $22.13 and $22.69 during the trading session. A total of 5.47 million shares were traded, which is below the daily average volume 7.34 million. The company's shares have surged 11.15% in the previous one month and 13.44% in the last three months, outperforming the S&P 500, which has gained 1.95% and 9.49% during the respective periods. Moreover, Juniper Networks Inc.'s stock is trading near its 52-week high of $22.98 and also above its 50-day and 200-day moving averages of $20.18 and $19.51, respectively. Sign up for free technical research on JNPR at:
http://www.AAAResearchReports.com/JNPR123113.pdf
On Monday, Palo Alto Networks Inc.'s stock closed the day at $57.49, down 0.54% from the previous day's closing price of $57.80. The company's shares vacillated between $57.38 and $57.90 during the trading session. A total of 0.53 million shares were traded, which is below the daily average volume of 1.07 million. Despite Monday's decline, the company's shares have surged 25.47% in the previous three months and 15.10% in the last one month, outperforming the S&P 500, which has gained 9.49% and 1.95% during the respective periods. Furthermore, Palo Alto Networks Inc.'s stock is trading above its 50-day and 200-day moving averages of $47.57 and $48.55, respectively. Be sure to read our latest technical research on PANW by registering at:
http://www.AAAResearchReports.com/PANW123113.pdf
Aruba Networks Inc.'s stock advanced 1.48% on Monday, closing the day at $17.77, after fluctuating between $17.47 and $17.97 during the trading session. A total of 1.27 million shares were traded, which is below the daily average volume of 2.23 million. The company's shares have advanced 1.95% in the previous three trading sessions, outperforming the S&P 500, which has gained 0.42% during the same period. However, Aruba Networks Inc.'s stock is trading below its 50-day and 200-day moving averages of $17.85 and $18.22, respectively. Sign up and read the complimentary report on ARUN at:
http://www.AAAResearchReports.com/ARUN123113.pdf
Shares in Extreme Networks Inc. fell 0.71% on Monday, ending the day at $6.99, after vacillating between $6.96 and $7.08 during the trading session. A total of 0.82 million shares were traded, which is below the daily average volume of 1.58 million. Despite Monday's losses, Extreme Networks Inc.'s shares have rallied 33.91% in the previous three months, outperforming the S&P 500, which has gained 9.49% during the same period. Further, the company's stock is trading near its 52-week high of $7.25 and also above its 50-day and 200-day moving averages of $6.39 and $4.46, respectively. The free report on EXTR can be downloaded by signing up now at:
http://www.AAAResearchReports.com/EXTR12313.pdf
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SOURCE AAA Research Reports
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