|By PR Newswire||
|October 18, 2013 05:00 PM EDT||
LONDON, October 18, 2013 /PRNewswire/ --
The U.S. equity market ended on a mixed note on Thursday, October 17, 2013. The S&P 500 ended the day at 1,733.15, up 0.67%; the Dow Jones Industrial Average closed at 15,371.65, down 0.01%; while the NASDAQ Composite finished at 3,863.15, up 0.62%. Shares in technology-semiconductor sector mostly ended higher, even as the broader market fluctuated between gains and losses. The major movers in the sector included SunEdison Inc. (NYSE: SUNE), ReneSola Ltd (NYSE: SOL), Microchip Technology Inc. (NASDAQ: MCHP), and Cavium Inc. (NASDAQ: CAVM). AAAResearchReports.com free coverage on SUNE, SOL, MCHP, and CAVM is available upon registration at:
SunEdison Inc.'s stock edged higher on Thursday, extending the gains from the previous trading session. The company's shares closed the day 0.65% higher at $9.27, after oscillating between $9.08 and $9.52. A total of 5.29 million shares were traded, which is below the daily average volume of 6.56 million. The company's shares have surged 27.34% in the last one month, outperforming the S&P 500, which has gained 1.67% during the same period. Furthermore, SunEdison Inc.'s stock is trading above its 50-day and 200-day moving averages of $7.85 and $6.53, respectively. Download free technical research on SUNE by signing up at:
Shares in ReneSola Ltd ended flat on Thursday, as the broader traded between gains and losses. The company's shares closed the day at the previous day's closing price of $5.43, after vacillating between $5.36 and $5.58 during the trading session. A total of 4.42 million shares were traded, which is below the daily average volume of 4.54 million. The company's shares have surged 25.12% in the last one month and 57.85% in the previous three months, outperforming the S&P 500, which has gained 1.67% and 3.11% during the respective periods. Moreover, ReneSola Ltd's stock is trading above its 50-day and 200-day moving averages of $4.68 and $2.85, respectively. Register now and get access to free analysis on SOL at:
On Thursday, shares in Microchip Technology Inc. gained 0.70%, extending the gains from the previous trading session. The company's shares closed the day at $40.19, after trading between $39.33 and $40.29. A total of 1.03 million shares were traded, which is below the daily average volume of 1.55 million. The company's shares have gained 0.50% in the previous three months, compared to a gain of 3.11% in the S&P 500 during the same period. Additionally, Microchip Technology Inc.'s stock is trading above its 50-day and 200-day moving averages of $39.73 and $37.31, respectively. Sign up and read our complimentary report on MCHP at:
Cavium Inc.'s stock edged lower on Thursday, extending the losses from the previous trading session. The company's shares vacillated between $40.00 and $40.85 before ending the day 0.47% lower at $40.48. A total of 0.66 million shares were traded, which is above the daily average volume of 0.53 million. Despite Thursday's losses, the company's shares have gained 9.46% in the previous three months, outperforming the S&P 500, which has advanced 3.11% during the same period. Further, Cavium Inc.'s stock is trading above its 50-day and 200-day moving averages of $39.09 and $35.81, respectively. The free report on CAVM can be downloaded by signing up now at:
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Software AG helps organizations transform into Digital Enterprises, so they can differentiate from competitors and better engage customers, partners and employees. Using the Software AG Suite, companies can close the gap between business and IT to create digital systems of differentiation that drive front-line agility. We offer four on-ramps to the Digital Enterprise: alignment through collaborative process analysis; transformation through portfolio management; agility through process automation and integration; and visibility through intelligent business operations and big data.
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