Pre-Market Analysis: Activision Blizzard, Autodesk, Sina, and Velti

LONDON, July 22, 2013 /PRNewswire/ --

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The U.S. equity market ended on a mixed note on Friday, July 19, 2013, as some feeble earnings reports from the technology sector weighed down market sentiment. On Friday, the tech heavy NASDAQ fell 0.66% to finish the day at 3,587.61. However, the S&P 500 still managed to post small gains, closing 0.16% higher at 1,692.09, which was another record high finish. Shares in the technology sector ended mostly lower on Friday. The major movers in the sector included Activision Blizzard Inc. (NASDAQ: ATVI), Autodesk Inc. (NASDAQ: ADSK), SINA Corp. (NASDAQ: SINA), and Velti Plc (NASDAQ: VELT). All these companies are tracked by AAAResearchReports.com. Free technical research on ATVI, ADSK, SINA, and VELT can be downloaded upon sign up at:

http://www.aaaresearchreports.com/register/

Shares in Activision Blizzard Inc. edged lower on Friday, reversing some of their gains for the week. The company's shares oscillated between $15.48 and $15.66 before closing the day 0.32% lower at $15.53. A total of 6.73 million shares were traded which is above the daily average volume of 6.16 million. The company's shares gained 3.46% last week and 14.61% in the last one month as compared to a gain of 0.71% and 6.26% in the S&P 500 during the respective periods. The stock is currently trading above its 50-day and 200-day moving averages. Sign up and read the complimentary report on ATVI at:

http://www.AAAResearchReports.com/ATVI072213.pdf

Autodesk Inc.'s stock fell sharply on Friday as the technology sector struggled. The company's shares ended the day 1.02% lower at $36.49 after oscillating between $36.34 and $36.87. A total of 2.56 million shares were traded, which is slightly below the daily average volume of 2.61 million. Despite Friday's sharp decline, the stock gained 1.35% last week, thus outperforming the S&P 500. Autodesk's shares have outperformed the S&P 500 in the last one month as well, gaining 6.68%. The free report on ADSK can be downloaded by signing up now at:

http://www.AAAResearchReports.com/ADSK072213.pdf

Shares in SINA Corp.'s shares fluctuated between $64.25 and $65.64 before finishing the day 0.01% lower at $65.10. A total of 3.58 million shares were traded, which is above the daily average volume of 1.92 million. SINA's shares gained 15.21% last week and 40.73% in the last three months as compared to a gain of 0.71% and 8.80% in the S&P 500 during respective periods. A free report on SINA can be accessed by registering at:

http://www.AAAResearchReports.com/SINA072213.pdf

Velti Plc's stock rallied on Friday even as the technology sector moved lower. The company's shares ended the day 4.35% higher at $1.08 after fluctuating between $1.02 and $1.09. A total of 1.38 million shares were traded which is above the daily average volume of 1.30 million. Velti's shares fell 16.92% last week. Register with AAA Research Reports and download research on VELT for free at:

http://www.AAAResearchReports.com/VELT072213.pdf

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SOURCE AAA Research Reports