Early Briefing and Review: Activision Blizzard Inc., Autodesk Inc., Sina Corp., and Velti PLC
LONDON, October 1, 2013 /PRNewswire via COMTEX/ --
On Monday, September 30, 2013, all three indexes of the US equity market edged lower. The S&P 500 ended the day at 1,681.55, down 0.60%; the Dow Jones Industrial Average closed at 15,129.67, down 0.84%; and the NASDAQ Composite finished at 3,771.48, down 0.27%. Shares in the technology sector also edged lower, tracking losses in the broader market. The major movers in the sector included Activision Blizzard Inc. (NASDAQ: ATVI), Autodesk Inc. (NASDAQ: ADSK), SINA Corporation. (NASDAQ: SINA), and Velti PLC (NASDAQ: VELT). AAAResearchReports.com has released free charting and technical research on these aforementioned companies. Register to read these reports at:
Activision Blizzard Inc.'s stock declined on Monday, tracking losses in the broader market. The company's shares traded between $16.49 and $16.81 before finishing the day 0.83% lower at $16.68. A total of 4.04 million shares were traded, which is below the daily average volume of 6.68 million. Despite Monday's losses, the company's shares have gained 2.21% in the last one month and 16.97% in the previous three months, compared to a gain of 2.97% and 4.69% in the S&P 500 during the respective periods. Further, Activision Blizzard Inc.'s stock is trading above its 200-day moving average of $14.52. Sign up for free report on ATVI at:
On Monday, Autodesk Inc.'s stock fell sharply to close at $41.17, down 1.48% from the previous day's closing price of $41.79. The company's shares oscillated between $40.55 and $41.44 during the trading session. A total of 4.47 million shares were traded, which is above the daily average volume of 2.96 million. Despite Monday's pullback, the company's shares have surged 12.03% in the last one month and 21.30% in the previous three months, outperforming the S&P 500 which has gained 2.97% and 4.69% during the respective periods. Additionally, Autodesk Inc.'s stock is trading near its 52-week high of $42.41 as well as above its 50-day and 200-day moving averages of $37.35 and $37.39, respectively. ADSK free technical report can be accessed by signing up at:
Shares in SINA Corp. also fell sharply on Monday, extending the losses from the previous trading session. The company's shares ended the day 1.31% lower at $81.17, after vacillating between $79.28 and $82.73. A total of 1.69 million shares were traded, which is below the daily average volume of 2.37 million. Despite Monday's losses, SINA Corp.'s stock has advanced 4.84% in the last one month and 45.65% in the previous three months, compared to a gain of 2.97% and 4.69% in the S&P 500 during the respective periods. Moreover, the company's shares are trading above their 50-day and 200-day moving averages of $77.52 and $59.42, respectively. A free report on SINA can be accessed by registering at:
On Monday, Velti PLC's stock fell sharply by 1.84% as the broader market ended on a negative note. The company's shares vacillated between $0.36 and $0.38 before finishing the day at the intra-day low of $0.36. A total of 0.86 million shares were traded, which is below the daily average volume of 2.06 million. Despite Monday's sharp decline, Velti PLC's shares have gained 3.74% in the last one month, outperforming the S&P 500 which has advanced 2.97% during the same period. Furthermore, the company's stock is trading below its 50-day and 200-day moving averages of $0.68 and $2.28, respectively. Register with AAA Research Reports and download research on VELT for free at:
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