Before the Bell Scans: CenturyLink Inc., Integrated Device Technology Inc., LG
Display Co. Ltd, and Cray Inc.
Editor Note: For more information about this release, please scroll to bottom.
LONDON, August 22, 2013
LONDON, August 22, 2013 /PRNewswire/ --
On Wednesday, August 21, 2013, the U.S. equity market ended on a lower note.
All three benchmark indexes fell sharply, as the S&P 500 fell 0.58% to end the
day at 1,642.80, the NASDAQ composite declined 0.38% to close at 3,599.79.
Shares in the technology sector ended on a lower note, tracking losses in the
broader market. The major movers in the sector included CenturyLink Inc.
(NYSE: CTL), Integrated Device Technology Inc. (NASDAQ: IDTI), LG Display
Company Ltd. (NYSE: LPL), and Cray Inc. (NASDAQ: CRAY). All these companies
are tracked by AAAResearchReports.com. Free technical research on CTL, IDTI,
LPL, and CRAY can be downloaded upon sign up at:
CenturyLink Inc.'s stock edged lower on Wednesday as the broader market
declined. The company's shares fluctuated between $32.32 and $32.64 before
ending the day 0.80% lower at the intra-day low of $32.32. A total of 4.06
million shares were traded, which is below the daily average volume of 5.25
million. The company's shares have lost 1.82% in the last three trading
sessions, compared to a decline of 0.79% in the S&P 500 during the same
period. CenturyLink Inc.'s shares are currently trading near its 52-week low
of $32.05, and also below its 50-day and 200-day moving averages. Sign up
today to read free research report on CTL at:
On Wednesday, shares in Integrated Device Technology Inc. rose sharply,
extending gains from the previous trading session. The company's shares ended
the day at $8.69, up 1.05%, after fluctuating between $8.46 and $8.76. A total
of 1.21 million shares were traded, which is marginally below the daily
average volume of 1.23 million. The company's shares have gained 7.02% in the
last three months, outperforming the S&P 500 which has lost 1.58% during the
same period. Further, the company's stock is trading above its 50-day and
200-day moving averages. Register to download free technical analysis on IDTI
Shares in LG Display Company Ltd. fell sharply on Wednesday, extending losses
from previous trading sessions. The company's shares oscillated between $12.58
and $12.75 before finishing the day at $12.59, down 1.79%. A total of 0.23
million shares were traded, which is below the daily average volume of 0.49
million. LG Display Company Ltd's shares have declined 2.48% in the previous
three trading sessions. Despite the recent losses, the company's shares have
gained 5.36% in the last one month, outperforming the S&P 500 which has
declined 2.91% during the same period. A free report on LPL can be accessed by
On Wednesday, Cray Inc.'s stock vacillated between $25.20 and $26.06 before
closing the day 0.31% lower at $25.70. A total of 0.18 million shares were
traded, which is below the daily average volume of 0.31 million. Despite
yesterday's pullback, the company's shares have gained 15.09% in the last one
month, and 42.46% in the last three months, outperforming the S&P 500.
Additionally, Cray Inc.'s stock is trading above its 50-day and 200-day moving
averages. Register with AAA Research Reports and download the research on CRAY
for free at:
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