21.10.2013 14:19:00
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Under AAAResearchReports.com Microscope: Brocade Comm. Systems Inc., Quantum Corp., Fusion-io Inc., and Emulex Corp.
LONDON, October 21, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
On Friday, October 18, 2013, all three indexes of the US equity market posted gains. The S&P 500 ended the day at 1,744.50, up 0.65%; the Dow Jones Industrial Average closed at 15,399.65, up 0.18%; and the NASDAQ Composite finished at 3,914.28, up 1.32%. Shares in the data storage devices industry ended on a higher note, tracking gains in the broader market. The major movers in the industry included Brocade Communications Systems Inc. (NASDAQ: BRCD), Quantum Corporation (NYSE: QTM), Fusion-io Inc. (NYSE: FIO), and Emulex Corporation (NYSE: ELX). AAAResearchReports.com has released full comprehensive research on BRCD, QTM, FIO, and ELX.These free technical analyses can be downloaded by signing up at:
http://www.aaaresearchreports.com/register/
On Friday, shares in Brocade Communications Systems Inc. edged higher to close at$8.23, up 0.61% from the previous day's closing price of $8.18. The company's shares vacillated between $8.20 and $8.40 during the trading session. A total of 6.05 million shares were traded, which is below the daily average volume of 6.96 million. The company's shares have gained 0.98% in the last one month and 29.00% in the previous three months, compared to a gain of 2.02% and 3.10% in the S&P 500 during the respective periods. Further, Brocade Communications Systems Inc.'s stock is trading near its 52-week high of $8.43 and above its 50-day and 200-day moving averages of $7.85 and $6.31, respectively. A free technical analysis on BRCD available by signing up at:
http://www.AAAResearchReports.com/BRCD102113.pdf
Quantum Corp.'s stock advanced on Friday, reversing all the losses from the previous trading session. The company's shares closed the day at $1.38, up 0.73%, after fluctuating between $1.36 and $1.39 during the trading session. A total of 1.47 million shares were traded, which is below the daily average volume of 1.53 million. Despite Friday's gains, the company's shares have fallen by 4.83% in the last one month, compared to a gain 2.02% in the S&P 500 during the same period. Additionally, Quantum Corp.'s stock is trading below its 50-day and 200-day moving averages of $1.47 and $1.42, respectively. Register today and access free research on QTM at:
http://www.AAAResearchReports.com/QTM102113.pdf
Shares in Fusion-io Inc. advanced on Friday, extending the gains from the previous trading session. The company's shares closed the day 1.44% higher at $14.10, after oscillating between $13.83 and $14.30. A total of 2.77 million shares were traded, which is below the daily average volume of 3.68 million. The company's shares have gained 2.84% in the previous three trading sessions, outperforming the S&P 500, which has gained 2.73% during the same period. Furthermore, Fusion-io Inc.'s stock is trading above its 50-day moving average of $12.63. The free report on FIO can be downloaded by signing up now at:
http://www.AAAResearchReports.com/FIO102113.pdf
Emulex Corp.'s stock closed higher on Friday, as the broader market advanced. The company's shares traded between $7.77 and $7.98 before ending the day 1.40% higher at $7.95. A total of 0.78 million shares were traded, which is above the daily average volume of 0.62 million. The company's shares have gained 1.02% in the previous three trading sessions, compared to a gain of 2.73% in the S&P 500 during the same period. Moreover, Emulex Corp.'s stock is trading above its 50-day and 200-day moving averages of $7.64 and $7.04, respectively. A free report on ELX can be accessed by registering at:
http://www.AAAResearchReports.com/ELX102113.pdf
EDITOR NOTES:
COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider represented by Ananya Ghosh, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
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SOURCE AAA Research Reports
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