By PR Newswire, September 24, 2013, 08:00:00 AM EDT
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LONDON, September 24, 2013 /PRNewswire/ --
On Monday, September 23, 2013, the U.S. equity market ended on a lower note. The S&P 500 fell by 0.47% to end the day at 1,701.84, the Dow Jones Industrial Average declined by 0.32% to close at 15,401.38, while the NASDAQ Composite fell by 0.25% to finish at 3,765.29. Shares in the technology sector ended lower, tracking losses in the broader market. The major movers in the sector included Microsoft Corporation (NASDAQ:MSFT), Yahoo! Inc. (NASDAQ:YHOO), SunPower Corporation (NASDAQ:SPWR), and Finisar Corporation (NASDAQ:FNSR). All these companies are tracked by AAAResearchReports.com. Download free technical analysis and charting reports on MSFT, YHOO, SPWR, and FNSR now at:
Microsoft Corp.'s shares edged lower on Monday, extending the losses from the previous trading session. The company's shares vacillated between $32.50 and $32.97 before finishing the day 0.16% lower at $32.74. A total of 39.82 million shares were traded, which is below the daily average volume of 54.74 million. The company's shares have lost 1.74% in the previous three trading sessions, underperforming the S&P 500 which has lost 1.37% during the same period. Additionally, Microsoft Corp.'s stock is trading above its 50-day and 200-day moving averages of $32.66 and $30.76, respectively. Download free research on MSFT today by registering at:
On Monday, Yahoo! Inc.'s stock fell sharply to close at $30.26, which is 2.15% lower than the previous day's closing price of $30.93. The company's shares oscillated between $30.02 and $31.03 during the trading session. A total of 15.67 million shares were traded, which is below the daily average volume of 16.74 million. The company's shares have surged 8.11% in the last one month and 20.13% in the last three months, compared to a gain of 2.30% and 6.87% in the S&P 500 during the respective periods. Furthermore, Yahoo! Inc.'s stock is trading near its 52-week high of $31.10 as well as above its 50-day and 200-day moving averages of $28.20 and $24.27, respectively. Sign up and have access to our free report on YHOO at:
SunPower Corp.'s stock fell sharply by 2.44% on Monday, tracking losses in the broader market. The company's shares vacillated between $23.10 and $24.36 during the trading session before finishing the day at $23.56. A total of 2.01 million shares were traded, which is below the daily average volume of 3.71 million. Despite Monday's pullback, SunPower Corp.'s shares have rallied 28.46% in the previous three months, outperforming the S&P 500 which has gained 6.87% during the same period. Further, the company's stock is trading above its 200-day moving average of $15.53. Sign up and read the complimentary report on SPWR at:
On Monday, Finisar Corp.'s stock fell sharply to close at $23.18, which is 2.24% lower than the previous day's closing price of $23.71. The company's shares oscillated between $23.06 and $23.78 during the trading session. A total of 1.29 million shares were traded, which is below the daily average volume of 2.35 million. The company's shares have rallied 42.91% in the last three months and 9.03% in the previous one month, compared to a gain of 6.87% and 2.30% in the S&P 500 during the respective periods. Additionally, Finisar Corp.'s stock is trading above its 50-day and 200-day moving averages of $20.89 and $16.11, respectively. The free report on FNSR can be downloaded by signing up now at:
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SOURCE AAA Research Reports