Pre-Market Review on Information Technology Sector: Groupon, Youku Tudou, Baidu, and ValueClick
Editor Note: For more information about this release, please scroll to bottom.
LONDON, December 13, 2013 /PRNewswire/ --
On Thursday, December 12, 2013, the U.S. equity market edged lower with the S&P 500 ending the day at 1,775.50, down 0.38%; the Dow Jones Industrial Average closing at 15,739.43, down 0.66%; and the NASDAQ Composite finishing at 3,998.40, down 0.14%. The S&P 500 Information Technology Sector Index ended the day at 557.93, down 0.69%; and the S&P 500 Internet Software & Services Sub-Industry Index edged 0.47% lower to close at 349.73. However, Internet Software & Services Sub-Industry Index rose 4.99% in the last one month and 15.49% in the previous three months, outperforming the S&P 500, which has gained 0.44% and 5.47% during the respective periods. The major movers in the industry included Groupon Inc. (NASDAQ: GRPN), Youku Tudou Inc. (NYSE: YOKU), Baidu Inc. (NASDAQ: BIDU), and ValueClick Inc. (NASDAQ: VCLK). AAAResearchReports.com has released full comprehensive research on GRPN, YOKU, BIDU, and VCLK. These free technical analyses can be downloaded by signing up at:
http://www.aaaresearchreports.com/register/
Groupon Inc.'s stock posted gains on Thursday, even as the broader market edged lower. The company's shares ended the day 2.56% higher at $10.40, after trading between $10.04 and $10.57. A total of 21.90 million shares were traded, which is above the daily average volume of 21.69 million. The company's shares have gained 8.11% in the previous three trading sessions and 1.17% in the last one month, outperforming the S&P 500, which has fallen by 1.82% and has gained 0.44%, during the respective periods. Further, Groupon Inc.'s stock is trading above its 50-day and 200-day moving averages of $10.04 and $8.49, respectively. Download free report on GRPN upon registration at:
http://www.AAAResearchReports.com/GRPN121313.pdf
On Thursday, Youku Tudou Inc.'s stock gained 1.11%, closing the day at $29.95 after oscillating between $29.40 and $30.46 during the trading session. A total of 2.03 million shares were traded, which is below the daily average volume of 4.17 million. The company's shares have gained 13.53% in the last one month and 21.60% in the previous three months, outperforming the S&P 500, which has gained 0.44% and 5.47% during the respective periods. Furthermore, Youku Tudou Inc.'s stock is trading above its 50-day and 200-day moving averages of $28.40 and $22.55, respectively. YOKU technical report can be accessed for free by signing up at:
http://www.AAAResearchReports.com/YOKU121313.pdf
Baidu Inc.'s stock declined on Thursday, to finish the day at $171.50, down 1.00% from the previous day's closing price of $173.24. The company's shares fluctuated between $170.11 and $174.39 during the trading session. A total of 3.67 million shares were traded, which is below the daily average volume of 3.84 million. Despite Thursday's pullback, the company's shares have gained 14.01% in the last one month and 18.69% in the previous three months, outperforming the S&P 500, which has gained 0.44% and 5.47% during the respective periods. Moreover, Baidu Inc.'s stock is trading above its 50-day and 200-day moving averages of $159.12 and $120.56, respectively. The free report on BIDU can be downloaded by signing up now at:
http://www.AAAResearchReports.com/BIDU121313.pdf
On Thursday, shares in ValueClick Inc. closed the day at $21.18, which is 0.05% higher than the previous day's closing price of $21.17. The company's shares oscillated between $21.12 and $21.43 during the trading session. A total of 0.85 million shares were traded, which is below the daily average volume of 1.36 million. The company's shares have gained 0.19% in the previous three trading sessions and 0.52% in the last one month, outperforming the S&P 500, which has fallen by 1.82% and has gained 0.44%, during the respective periods. Additionally, ValueClick Inc.'s stock is trading above its 50-day moving average of $20.48. A free report on VCLK can be accessed by registering at:
http://www.AAAResearchReports.com/VCLK121313.pdf
----
EDITOR NOTES:
- This is not company news. We are an independent source and our views do not reflect the companies mentioned.
- Information in this release is fact checked and produced on a best efforts basis and reviewed by Ananya Ghosh, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
- This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
- If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected].
- For any urgent concerns or inquiries, please contact us at [email protected].
- Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] for consideration.
COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider represented by Ananya Ghosh, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
AAAresearchreports.com
SOURCE AAA Research Reports
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article