Technical Study: LSI Corp., First Solar Inc., GT Advanced Technologies Inc., and Altera Corp.
LONDON, August 28, 2013 /PRNewswire/ --
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The U.S. equity market fell sharply on Tuesday, August 27, 2013. The S&P 500 lost 1.59%, closing at 1,630.48, the Dow Jones industrial Average fell by 1.14%, closing at 14,776.13, and the NASDAQ Composite index lost 2.16%, closing at 3,578.52. Shares of semiconductor-specialized companies also declined sharply, tracking changes in the broader market. The major movers in the semiconductor-specialized industry included LSI Corporation (NASDAQ: LSI), First Solar Inc. (NASDAQ: FSLR), GT Advanced Technologies Inc. (NASDAQ: GTAT), and Altera Corporation (NASDAQ: ALTR). AAAResearchReports.com free coverage on LSI, FSLR, GTAT, and ALTR is available upon registration at:
http://www.aaaresearchreports.com/register/
LSI Corporation's shares fell sharply on Tuesday, tracking losses in the broader market. The company's shares vacillated between $7.45 and $7.58 before ending the day 1.12% lower at $7.51. A total of 6.26 million shares were traded, which is above the daily average volume of 4.98 million. Despite Tuesday's sharp decline, the company's stock has gained 0.60% in the last three trading sessions. LSI Corporation's shares have also gained 3.95% in the last three months, outperforming the S&P 500 which has fallen by 1.16% during the same period. Further, the company's shares are trading above their 50-day and 200-day moving averages. Download free technical research on LSI by signing up at:
http://www.AAAResearchReports.com/LSI082813.pdf
First Solar Inc.'s stock plunged 5.00% on Tuesday, finishing at $36.84. The company's shares oscillated between $36.73 and $38.19. A total of 4.03 million shares were traded, which is below the daily average volume of 5.72 million. First Solar Inc.'s shares have fallen by 22.52% in the last one month and 28.54% in the last three months, underperforming the S&P 500 during the same periods. Further, the company's shares are currently trading below their 50-day and 200-day moving averages. Register now and get access to free analysis on FSLR at:
http://www.AAAResearchReports.com/FSLR082813.pdf
On Tuesday, shares in GT Advanced Technologies Inc. plummeted 5.26%. The company's shares ended the day at $6.31 after fluctuating between $6.22 and $6.60. A total of 3.55 million shares were traded, which is lower than the daily average volume of 3.72 million. The company's shares have gained 33.12% in the last one month and 44.06% in the last three months, outperforming the S&P 500 which has declined by 3.62% and 1.16% during the respective periods. Sign up and read our complimentary report on GTAT at:
http://www.AAAResearchReports.com/GTAT082813.pdf
Shares in Altera Corporation fell sharply on Tuesday to end the day 1.76% lower. After oscillating between $34.46 and $35.13, the company's shares closed at $34.53. A total of 2.93 million shares were traded, which is below the daily average volume of 3.07 million. Altera Corporation's shares have gained 4.83% in the last three months, compared to a loss of 1.16% in the S&P 500 during the same period. Moreover, the company's shares are trading above their 50-day and 200-day moving average. The free report on ALTR can be downloaded by signing up now at:
http://www.AAAResearchReports.com/ALTR08283.pdf
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SOURCE AAA Research Reports
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