26.09.2013 14:26:00
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Early Briefing and Review: Fusion-io Inc., Brocade Communications Systems Inc., Emulex Corp., and Quantum Corp.
LONDON, September 26, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
On Wednesday, September 25, 2013, all three indexes of the US equity market edged lower. The S&P 500 ended the day at 1,692.77, down 0.27%; the Dow Jones Industrial Average closed at 15,273.26, down 0.40%; and the NASDAQ Composite finished at 3,761.10, down 0.19%. Shares in the data storage devices industry ended on a mixed note, even as the broader market posted losses. The major movers in the industry included Fusion-io Inc. (NYSE: FIO), Brocade Communications Systems Inc. (NASDAQ: BRCD), Emulex Corporation (NYSE: ELX), and Quantum Corporation (NYSE: QTM). AAAResearchReports.com has released free charting and technical research on these aforementioned companies. Register to read these reports at:
http://www.aaaresearchreports.com/register/
Fusion-io Inc.'s stock rose 0.80% on Wednesday, extending gains from the previous trading session. The company's shares closed the day at 13.93 after trading between $13.78 and $14.20. A total of 1.56 million shares were traded, which is below the daily average volume of 3.80 million. The company's shares have rallied 32.16% in the last one month, outperforming the S&P 500 which has gained 1.76% during the same period. Furthermore, Fusion-io Inc.'s stock is trading above its 50-day moving average of $12.95. Sign up for free report on FIO at:
http://www.AAAResearchReports.com/FIO092613.pdf
On Wednesday, shares in Brocade Communications Systems Inc. edged higher, hitting a new 52-week high of $8.43. The company's shares closed the day at $8.19, up 0.12% from the previous day's price of $8.18. A total of 10.17 million shares were traded, which is above the daily average volume of 6.56 million. The company's shares have gained 4.33% in the last one month and 53.95% in the previous three months, compared to a gain of 1.76% and 6.60% in the S&P 500 during the respective periods. Moreover, Brocade Communications Systems Inc.'s stock is trading above its 50-day and 200-day moving averages of $7.30 and $6.07, respectively. BRCD free technical report can be accessed by signing up at:
http://www.AAAResearchReports.com/BRCD092613.pdf
Shares in Emulex Corp. fell by 0.25% on Wednesday, tracking losses in the broader market. The company's shares oscillated between $7.95 and $8.10 before finishing the day at $8.02. A total of 0.47 million shares were traded, which is less than the daily average volume of 0.75 million. Despite Wednesday's losses, the company's shares have surged 8.38% in the last one month and 29.98% in the previous three months, outperforming the S&P 500 which has gained 1.76% and 6.60% during the respective periods. Additionally, Emulex Corp.'s stock is trading above its 50-day and 200-day moving averages of $7.78 and $6.97, respectively. A free report on ELX can be accessed by registering at:
http://www.AAAResearchReports.com/ELX092613.pdf
Quantum Corp.'s stock edged lower on Wednesday, reversing some of the gains from the previous trading session. The company's shares ended the day 0.70% lower at $1.42, after vacillating between $1.40 and $1.44. A total of 1.06 million shares were traded, which is below the daily average volume of 1.18 million. Despite Wednesday's pullback, the company's shares have advanced 2.90% in the previous three months, compared to a gain of 6.60% in the S&P 500 during the same period. Further, Quantum Corp.'s stock is trading above its 200-day moving average of $1.40. Register with AAA Research Reports and download research on QTM for free at:
http://www.AAAResearchReports.com/QTM092613.pdf
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EDITOR NOTES:
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SOURCE AAA Research Reports
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