By PR Newswire, October 16, 2013, 09:23:00 AM EDT
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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:
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