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Pre-Market Commentary: Hewlett-Packard, International Business Machines, Teradata, and Infinera
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LONDON, December 9, 2013 /PRNewswire/ --
On Friday, December 06, 2013, the U.S. equity market edged higher. The S&P 500 ended the day at 1,805.09, up 1.12%; the Dow Jones Industrial Average closing at 16,020.20, up 1.26%; and the NASDAQ Composite finishing at 4,062.52, up 0.73%. The S&P 500 Information Technology Sector Index closed the session at 566.47, up 0.76% and the same has gained 3.27% in the last one month and 9.10% in the previous three months, outperforming the S&P 500, which has gained 1.95% and 7.98% during the respective periods. The major movers in the sector included Hewlett-Packard Company (NYSE:HPQ), International Business Machines Corporation (NYSE:IBM), Teradata Corporation (NYSE:TDC), and Infinera Corporation (NASDAQ:INFN). All these companies are tracked by AAAResearchReports.com. Download free technical analysis and charting reports on HPQ, IBM, TDC, and INFN now at:
On Friday, Hewlett-Packard Co.'s stock ended the day 1.65% higher at $27.70, after vacillating between $27.59 and $28.11 during the trading session. A total of 17.18 million shares were traded, which above the daily average volume of 16.40 million. The company's shares have surged 7.82% in the last one month and 23.55% in the previous three months, outperforming the S&P 500, which has gained 1.95% and 7.98% during the respective periods. Additionally, Hewlett-Packard Co.'s stock is trading above its 50-day and 200-day moving averages of $24.40 and $23.45, respectively. Download free research on HPQ today by registering at:
Shares in International Business Machines Corp. edged higher on Friday, to end the day at $177.67, up 0.90% from the previous day's closing price of $176.08. The company's shares oscillated between $176.01 and $178.00 during the trading session. A total of 4.74 million shares were traded, which is below the daily average volume of 4.91 million. The company's shares have gained 0.90% in the previous three trading sessions, outperforming the S&P 500, which has gained 0.55% during the same period. However, International Business Machines Corp.'s stock is trading below its 50-day and 200-day moving averages of $180.76 and $194.45, respectively.
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On Friday, Teradata Corp.'s stock posted gains to finish the day at $41.88, which is 0.67% higher than the previous day's closing price of $41.60. The company's shares vacillated between $41.83 and $42.34 during the trading session. A total of 3.25 million shares were traded, which is above the daily average volume of 2.75 million. Despite Friday's gains, the company's shares have fallen by 3.52% in the last one month, underperforming the S&P 500, which has gained 1.95% during the same period. Moreover, Teradata Corp.'s stock is trading near its 52-week low of $41.11 and also below its 50-day and 200-day moving averages of $46.58 and $54.11, respectively. Sign up and read the complimentary report on TDC at:
Infinera Corp.'s stock advanced on Friday, tracking gains in the broader market. The company's shares closed the day 1.07% higher at $9.43, after vacillating between $9.35 and $9.58. A total of 1.02 million shares were traded, which is below the daily average volume of 1.43 million. The company's shares have gained 3.63% in the previous three trading sessions and 0.43% in the last one month, compared to a gain of 0.55% and 1.95% during the respective periods. However, Infinera Corp.'s stock is trading below its 50-day and 200-day moving averages of $10.18 and $9.62, respectively. The free report on INFN can be downloaded by signing up now at:
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SOURCE AAA Research Reports