By PR Newswire, October 29, 2013, 11:08:00 AM EDT
LONDON, October 29, 2013 /PRNewswire/ --
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The U.S. equity market ended on a mixed note on Monday, October 28, 2013. The S&P 500 ended the day at 1,762.11, up 0.13%; the Dow Jones Industrial Average closed at 15,568.93, down 0.01%; and the NASDAQ Composite finished at 3,940.13, down 0.08%. Shares in technology sector mostly ended on a higher note, even as the broader market traded between gains and losses. The major movers in the sector included Flextronics International Ltd. (NASDAQ:FLEX), Canadian Solar Inc. (NASDAQ:CSIQ), Linear Technology Corporation (NASDAQ:LLTC), and Analog Devices Inc. (NASDAQ:ADI). AAAResearchReports.com free coverage on FLEX, CSIQ, LLTC, and ADI is available upon registration at:
On Monday, shares in Flextronics International Ltd advanced to end the day at $8.98, which is 1.13% higher than the previous day's closing price of $8.88. The company's shares fluctuated between $8.82 and $9.03 during the trading session. A total of 3.28 million shares were traded, which is below the daily average volume of 4.83 million. The company's shares have gained 6.65% in the previous three months, outperforming the S&P 500, which has gained 4.17% during the same period. Furthermore, Flextronics International Ltd's stock is trading above its 200-day moving average of $7.72. Download free technical research on FLEX by signing up at:
Shares in Canadian Solar Inc. plummeted on Monday, even as the broader market ended on a mixed note. The company's shares traded between $21.80 and $24.50 before ending the day 3.01% lower at $22.84. A total of 6.93 million shares were traded, which is significantly above the daily average volume of 3.22 million. Despite Monday's pullback, the company's shares have surged 36.60% in the last one month and 66.96% in the previous three trading months, outperforming the S&P 500, which has gained 4.16% and 4.17% during the respective periods. Moreover, Canadian Solar Inc.'s stock is trading above its 50-day and 200-day moving averages of $16.47 and $9.58, respectively. Register now and get access to free analysis on CSIQ at:
Shares in Linear Technology Corp. traded between $39.08 and $39.84 on Monday before ending the day 1.79% higher at $39.77. A total of 1.72 million shares were traded, which is below the daily average volume of 1.74 million. The company's shares have gained 2.66% in the previous three trading sessions and 0.43% in the last one month, compared to a gain of 0.90% and 4.16% in the S&P 500 during the respective periods. Furthermore, Linear Technology Corp.'s stock is trading above its 50-day and 200-day moving averages of $39.43 and $38.04, respectively. Sign up and read our complimentary report on LLTC at:
Analog Devices Inc.'s shares traded between $46.55 and $47.50 before finishing Monday's session 1.56% higher at $47.48. A total of 1.60 million shares were traded, which is above the daily average volume of 1.58 million. The company's shares have gained 2.15% in the previous three trading sessions and 1.26% in the last one month, compared to a gain of 0.90% and 4.16% in the S&P 500 during the respective periods. Furthermore, Analog Devices Inc.'s stock is trading above its 50-day and 200-day moving averages of $47.25 and $46.07, respectively. The free report on ADI can be downloaded by signing up now at:
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SOURCE AAA Research Reports