Technical Scrutiny: Facebook Inc., LinkedIn Corp., Akamai Technologies Inc., and IAC/InterActiveCorp.
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LONDON, September 18, 2013 /PRNewswire/ --
The U.S. equity market posted gains on Tuesday, September 17, 2013, with the S&P 500, the Dow Jones Industrial Average and the NASDAQ Composite rising 0.42%, 0.23%, and 0.75%, respectively. Shares of internet information providers posted gains as the broader market edged higher. The major movers in the sector included Facebook Inc. (NASDAQ: FB), LinkedIn Corporation (NYSE: LNKD), Akamai Technologies Inc. (NASDAQ: AKAM), and IAC/InterActiveCorporation (NASDAQ: IACI). AAAResearchReports.com has tracked FB, LNKD, AKAM, and IACI. These reports can be seen for free at:
http://www.aaaresearchreports.com/register/
Facebook Inc.'s shares surged on Tuesday, tracking gains in the broader market. The company's shares vacillated between $42.43 and $45.44 before finishing the day 6.02% higher at $45.07. A total of 91.75 million shares were traded, which is above the daily average volume of 60.23 million. Facebook Inc.'s shares have rallied 21.55% in the last one month and 87.62% in the previous three months, outperforming the S&P 500 which has gained 2.96% and 4.01% during the respective periods. Furthermore, the company's stock is trading near its 52-week high of $45.62 as well as above its 50-day and 200-day moving averages of $36.06 and $29.23, respectively. Download free research on FB by signing up now at:
http://www.AAAResearchReports.com/FB091813.pdf
Shares in LinkedIn Corp. rose sharply on Tuesday, recovering some of the losses from the previous trading session. The company's shares oscillated between $244.52 and $248.49 before finishing the day 1.10% higher at $247.69. A total of 0.96 million shares were traded, which is below the daily average volume of 1.91 million. LinkedIn Corp.'s shares have rallied 39.47% in the previous three months and 9.11% in the last one month, outperforming the S&P 500 which has gained 4.01% and 2.96% during the respective periods. Furthermore, the company's stock is trading above its 50-day and 200-day moving averages of $224.24 and $173.12, respectively. Register for today's free analysis on LNKD at:
http://www.AAAResearchReports.com/LNKD091813.pdf
On Tuesday, shares in Akamai Technologies Inc. edged higher, extending the gains from the previous trading session. The company's shares fluctuated between $51.12 and $51.74 before finishing the day 0.41% higher at $51.58. A total of 1.19 million shares were traded, which is below the daily average volume of 1.69 million. The company's shares have rallied 20.12% in the previous three months and 12.35% in the last one month, outperforming the S&P 500 which has gained 4.01% and 2.96% during the respective periods. Further, the company's stock is trading near its 52-week high of $51.93 as well as above its 50-day and 200-day averages of $46.50 and $41.57, respectively. A free report on AKAM can be accessed by registering at:
http://www.AAAResearchReports.com/AKAM091813.pdf
Shares in IAC/InterActiveCorp. oscillated between $52.50 and $53.69 before closing the day at $53.62, which is 0.41% higher than the previous day's closing price of $53.40. A total of 0.56 million shares were traded, which is below the daily average volume of 0.96 million. The company's shares have gained 7.26% in the last one month and 8.56% in the previous three months, outperforming the S&P 500 which has gained 2.96% and 4.01% during the respective periods. Moreover, IAC/InterActiveCorp.'s stock is trading above its 50-day and 200-day moving averages of $50.89 and $46.78, respectively. Register with AAA Research Reports and download research on IACI for free at:
http://www.AAAResearchReports.com/IACI091813.pdf
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