Early Briefing and Review: SAIC Inc., MercadoLibre Inc., tw telecom inc., and Wave Systems Corp.
Early Briefing and Review: SAIC Inc., MercadoLibre Inc., tw telecom inc., and Wave Systems Corp. Editor Note: For more information about this release, please scroll to bottom. PR Newswire LONDON, August 8, 2013 LONDON, August 8, 2013 /PRNewswire/ -- On Wednesday, August 7, 2013, the S&P 500 closed 0.38% lower at 1,690.91. Shares in technology companies also ended mostly lower as the broader market declined. The major movers in the sector included SAIC Inc. (NYSE: SAI), MercadoLibre Inc. (NASDAQ: MELI), tw telecom inc. (NASDAQ: TWTC), and Wave Systems Corp. (NASDAQ: WAVX). AAAResearchReports.com has released free charting and technical research on these aforementioned companies. Register to read these reports at: http://www.aaaresearchreports.com/register/ Shares in SAIC Inc. ended 0.13% higher on Wednesday. The company's stock oscillated between $15.48 and $15.74 before closing the day at $15.69. A total of 1.58 million shares were traded, which is below the daily average volume of 3.08 million. In the last three months, the company's shares have gained 12.59%, outperforming the S&P 500 which has gained 3.99% during the same period. Moreover, the stock is currently trading near its 52-week high of $15.79. Sign up for free report on SAI at: http://www.AAAResearchReports.com/SAI080813.pdf Shares in MercadoLibre Inc. fell sharply on Wednesday, ending the day 2.38% lower at $123.69 after fluctuating between $123.13 and $126.53. A total of 0.48 million shares were traded, which is below the daily average volume of 0.63 million. MercadoLibre's shares have gained 16.72% in the last one month, outperforming the S&P 500 which has gained 3.62% during the same period. Furthermore, the stock is trading above its 50-day and 200-day moving averages. MELI free technical report can be accessed by signing up at: http://www.AAAResearchReports.com/MELI080813.pdf tw telecom inc.'s stock declined on Wednesday, ending the day 1.39% lower at $29.86 after fluctuating between $29.61 and $30.27. A total of 1.12 million shares were traded, which is below the daily average volume of 1.42 million. The company's shares have gained 9.82% in the last three months, outperforming the S&P 500 which has gained 3.99% during the same period. Further, the stock is currently trading near its 52-week high of $30.61. A free report on TWTC can be accessed by registering at: http://www.AAAResearchReports.com/TWTC080813.pdf Wave Systems Corp's stock tumbled on Wednesday, closing at $1.53, down 3.16% from its previous closing price. The company's shares oscillated between $1.50 and $1.58. A total of 93,550 shares were traded, which is below the daily average volume of 159,682. The company's shares have gained 58.71% in last one month, outperforming the S&P 500 which has gained 3.62% during the same period. Moreover, the stock is trading above its 50-day moving average. Register with AAA Research Reports and download research on WAVX for free at: http://www.AAAResearchReports.com/WAVX080813.pdf EDITOR NOTES: 1. This is not company news. We are an independent source and our views do not reflect the companies mentioned. 2. Information in this release is fact checked and produced on a best efforts basis and reviewed by a CFA. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below. 3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public. 4. 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