Early Morning Insight: Taiwan Semiconductor Manufacturing Co. Ltd, NetApp
Inc., Rackspace Hosting Inc., and Silicon Graphics Intl. Corp.
LONDON, August 20, 2013
LONDON, August 20, 2013 /PRNewswire/ --
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The US equity market kicked off the week on a disappointing note on Monday,
August 19, 2013, as all three benchmark indexes edged lower. The technology
sector ended mostly lower, tracking losses in the broader market. The major
movers in the sector included Taiwan Semiconductor Manufacturing Company Ltd.
(NYSE: TSM), NetApp Inc. (NASDAQ: NTAP), Rackspace Hosting Inc. (NYSE: RAX),
and Silicon Graphics International Corporation (NASDAQ: SGI). All these
companies are tracked by AAAResearchReports.com. Download free technical
analysis and charting reports on TSM, NTAP, RAX, and SGI now at:
Shares in Taiwan Semiconductor Manufacturing Company Ltd. fell sharply on
Monday, tracking losses in the broader market. The company's shares fluctuated
between $15.81 and $16.03 before ending the day 1.00% lower at $15.81. A total
of 6.38 million shares were traded, which is below the daily average volume of
11.54 million. Furthermore, the company's shares have fallen by 1.56% in the
last three trading sessions, compared to a decline of 2.33% in the S&P 500
during the same period. Download free research on TSM today by registering at:
NetApp Inc.'s stock edged lower on Monday. The company's shares ended the day
at $41.89, down 0.73%, after fluctuating between $41.85 and $42.41. A total of
4.69 million shares were traded, which is below the daily average volume of
7.35 million. NetApp Inc.'s stock has fallen by 1.04% in the previous three
trading sessions. Despite the recent losses, the company's shares have gained
10.70% in the last three months, outperforming the S&P 500 which has lost
1.28% during the same period. Additionally, the stock is trading above its
50-day and 200-day moving averages. Sign up and have access to our free report
on NTAP at:
Rackspace Hosting Inc.'s stock ended 0.16% higher on Monday, reversing some of
its recent losses. The company's shares oscillated between $44.01 and $44.99
before closing the day at $44.08. A total of 0.99 million shares were traded,
which is below the daily average volume of 2.21 million. In the last three
months, the company's shares have gained 11.09%, outperforming the S&P 500
which has declined by 1.28% during the same period. Moreover, the stock is
trading above its 50-day moving average. Sign up and read the complimentary
report on RAX at:
On Monday, shares in Silicon Graphics International Corporation fell sharply
by 3.16%, before finishing the day at $15.30. The company's shares fluctuated
between $15.30 and $15.74. A total of 0.38 million shares were traded, which
is below the daily average volume of 0.48 million. The company's stock has
gained 4.51% in the last three months, compared to decline of 1.28% in the S&P
500 during the same period. Furthermore, the stock is trading above its
200-day moving average. The free report on SGI can be downloaded by signing up
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