Early Briefing and Review: Taiwan Semiconductor Manufacturing Co. Ltd, NetApp Inc., Rackspace Hosting Inc., and Silicon Graphics Intl. Corp.
LONDON, September 27, 2013 /PRNewswire/ --
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On Thursday, September 26, 2013, all three indexes of the US equity market posted gains. The S&P 500 ended the day at 1,698.67, up 0.35%; the Dow Jones Industrial Average closed at 15,328.30, up 0.36%; and the NASDAQ Composite finished at 3,787.43, up 0.70%. Shares in the technology sector ended on a higher note, tracking gains in the broader market. The major movers in the sector included Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM), NetApp Inc. (NASDAQ:NTAP), Rackspace Hosting Inc. (NYSE:RAX), and Silicon Graphics International Corporation (NASDAQ:SGI). AAAResearchReports.com has released free charting and technical research on these aforementioned companies. Register to read these reports at:
Shares in Taiwan Semiconductor Manufacturing Co. Ltd ended flat on Thursday, even as the broader market advanced. The company's shares closed the day at the previous day's closing price of $17.32 after oscillating between $17.15 and $17.33 during the trading session. A total of 4.68 million shares were traded, which is significantly below the daily average volume of 11.15 million. The company's shares have gained 6.52% in the last one month, outperforming the S&P 500 which has advanced 2.53% during the same period. Further, Taiwan Semiconductor Manufacturing Co. Ltd's stock is trading above its 50-day moving average of $16.80. Sign up for free report on TSM at:
On Tuesday, NetApp Inc.'s stock edged higher to end the day at $43.13, which is 0.94% higher than the previous day's closing price of $42.73. The company's shares fluctuated between $42.84 and $43.38 during the trading session. A total of 4.97 million shares were traded, which is below the daily average volume of 5.15 million. The company's shares have advanced 3.06% in the last one month and 14.01% in the previous three months, compared to a gain of 2.53% and 5.95% in the S&P 500 during the respective periods. Moreover, NetApp Inc.'s stock is trading near its 52-week high of $44.65 as well as above its 50-day and 200-day moving averages of $42.11 and $37.15, respectively. NTAP free technical report can be accessed by signing up at:
Rackspace Hosting Inc.'s stock rose sharply on Thursday, reversing all of the losses from the previous trading session. The company's shares traded between $52.25 and $53.91 before finishing the day 2.15% higher at $53.14. A total of 1.19 million shares were traded, which is below the daily average volume of 1.75 million. The company's shares have surged 18.27% in the last one month and 39.99% in the previous three months, outperforming the S&P 500 which has gained 2.53% and 5.95% during the respective periods. Additionally, Rackspace Hosting Inc.'s stock is trading above its 50-day and 200-day moving averages of $47.10 and $52.25, respectively. A free report on RAX can be accessed by registering at:
Shares in Silicon Graphics International Corp. also rose sharply on Thursday, extending the gains from the previous trading session. The company's shares closed the day at $16.56, up 1.41%, after vacillating between $16.41 and $16.58 during the trading session. A total of 0.45 million shares were traded, which is below the daily average volume of 0.50 million. The company's shares have gained 8.80% in the last one month and 23.12% in the previous three months, compared to a gain of 2.53% and 5.95% in the S&P 500 during the respective periods. Furthermore, Silicon Graphics International Corp.'s stock is trading above its 50-day and 200-day moving averages of $16.39 and $14.16, respectively. Register with AAA Research Reports and download research on SGI for free at:
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