LONDON, October 16, 2013 /PRNewswire/ --
On Tuesday, October 15, 2013, all three indexes of the US equity market fell. The S&P 500 ended the day at 1,698.06, down 0.71%; the Dow Jones Industrial Average closed at 15,168.01, down 0.87%; and the NASDAQ Composite finished at 3,794.01, down 0.56%. Shares in internet information providers also mostly ended lower, tracking losses in the broader market. The major movers in the sector included Facebook Inc. (NASDAQ: FB), LinkedIn Corporation (NYSE: LNKD), Akamai Technologies Inc. (NASDAQ: AKAM), and IAC/InterActiveCorp. (NASDAQ: IACI). AAAResearchReports.com has completed their technical analysis on FB, LNKD, AKAM, and IACI and these free reports are accessible by registering at:
Facebook Inc.'s stock ended nearly flat on Tuesday, even as the broader market declined. The company's shares ended the day 0.02% lower at $49.50, after fluctuating between $49.18 and $51.00. A total of 80.73 million shares were traded, which is above the daily average volume of 77.77 million. Despite Tuesday's losses, Facebook Inc.'s shares have surged 11.71% in the last one month and 88.36% in the previous three months, outperforming the S&P 500, which has advanced 0.60% and 0.92% during the respective periods. Additionally, the company's stock is trading above its 50-day and 200-day moving averages of $43.70 and $31.37, respectively. Sign up for free technical research on FB at:
Shares in LinkedIn Corp. surged on Tuesday, extending the gains from the previous trading session. The company's shares traded between $227.10 and $236.90 before finishing the day 3.04% higher at $235.45. A total of 2.54 million shares were traded, which is above the daily average volume of 2.05 million. LinkedIn Corp.'s shares have advanced 3.47% in the previous three trading sessions and 18.44% in the last three months, outperforming the S&P 500, which has advanced 0.32% and 0.92% during the respective periods. Further, the company's stock is trading above its 200-day moving average of $186.05. Be sure to read our latest technical research on LNKD by registering at:
On Tuesday, Akamai Technologies Inc.'s stock closed at $51.31, down 1.12% from the previous day's closing price of $51.89. The company's shares vacillated between $51.00 and $52.29 during the trading session. A total of 1.63 million shares were traded, which is below the daily average volume of 1.72 million. Despite Tuesday's losses, the company's shares have advanced 0.49% in the previous three trading sessions and 14.81% in the last three months, compared to a gain of 0.32% and 0.92% in the S&P 500 during the respective periods. Moreover, Akamai Technologies Inc.'s stock is trading above its 50-day and 200-day moving averages of $49.13 and $42.83, respectively. Sign up and read the complimentary report on AKAM at:
Shares in IAC/InterActiveCorp edged lower on Tuesday, extending the losses from the previous trading session. The company's shares closed the day at $54.52, down 0.94%, after oscillating between $54.16 and $55.29 during the trading session. A total of 0.68 million shares were traded, which is below the daily average volume of 0.87 million. Despite Tuesday's pullback, the company's shares have gained 2.65% in the last one month and 6.24% in the previous three months, outperforming the S&P 500, which has advanced 0.60% and 0.92% during the respective periods. Furthermore, IAC/InterActiveCorp's stock is trading above its 50-day and 200-day moving averages of $52.20 and $47.65, respectively. The free report on IACI can be downloaded by signing up now at:
- This is not company news. We are an independent source and our views do not reflect the companies mentioned.
- Information in this release is fact checked and produced on a best efforts basis and reviewed by Ananya Ghosh, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
- This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
- If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco@EquityNewsNetwork.com.
- For any urgent concerns or inquiries, please contact us at compliance@EquityNewsNetwork.com.
- Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research@EquityNewsNetwork.com for consideration.
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.
NOT FINANCIAL ADVICE
Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.www.AAAresearchreports.com
SOURCE AAA Research Reports
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Press Release Service provided by PRConnect.
Stock quotes supplied by Telekurs USA
Postage Rates Bots go here