Early Morning Insight: Jabil Circuit Inc., JA Solar Holdings Co. Ltd, iPass
Inc., and IPG Photonics Corp.
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LONDON, August 28, 2013
LONDON, August 28, 2013 /PRNewswire/ --
The U.S. equity market saw a sharp decline on Tuesday, August 27, 2013. The
S&P 500 fell 1.59%, while the Dow Jones Industrial Average and the NASDAQ
Composite index fell 1.14% and 2.16%, respectively. Tracking losses in the
broader market, the technology sector also closed on a lower note. The major
movers in the sector included Jabil Circuit Inc. (NYSE: JBL), JA Solar
Holdings Company Ltd (NASDAQ: JASO), Ipass Inc. (NASDAQ: IPAS), and IPG
Photonics Corporation (NASDAQ: IPGP). All these companies are tracked by
AAAResearchReports.com. Download free technical analysis and charting reports
on JBL, JASO, IPAS, and IPGP now at:
Jabil Circuit Inc.'s shares plunged on Tuesday, extending the losses from
previous trading sessions. The company's shares ended the day 3.36% lower at
$22.44 after vacillating between $22.37 and $23.07. A total of 4.04 million
shares were traded, which is above the daily average volume of 1.74 million.
The company's shares have lost 0.71% in the last one month, outperforming the
S&P 500 which has declined by 3.62% during the same period. Further, the
company's stock is trading above its 50-day and 200-day moving averages.
Download free research on JBL today by registering at:
On Tuesday, shares in JA Solar Holdings Company Ltd shares plummeted, tracking
losses in the broader market. The company's shares oscillated between $7.62
and $8.24 before closing the day 6.74% lower at $7.75. A total of 3.36 million
shares were traded which is above the daily average volume of 1.96 million.
The company's shares have fallen by 5.83% in the last three trading sessions,
underperforming the S&P 500 which has declined 1.60% during the same period.
Further, the company's stock continues to trade above its 200-day moving
average. Sign up and have access to our free report on JASO at:
Ipass Inc.'s shares fell 1.63% on Tuesday, extending the losses from previous
trading sessions. The company's shares fluctuated between $1.78 and $1.87
before finishing the day at $1.81. A total of 0.23 million shares were traded,
which is below the daily average volume of 0.30 million. The company's shares
have fallen by 5.24% in the previous three trading sessions and 18.10% in the
last one month, underperforming the S&P 500 during the same periods.
Furthermore, Ipass Inc.'s shares are trading below their 50-day and 200-day
moving averages. Sign up and read the complimentary report on IPAS at:
Shares in IPG Photonics Corporation fell sharply on Tuesday, closing at
$54.96, down 2.17% from their previous closing price of $56.18. The company's
shares fluctuated between $54.88 and $56.19. A total of 0.45 million shares
were traded, which is below the daily average volume of 0.49 million. The
company's shares have fallen by 3.02% in the previous three trading sessions
and 1.93% in the last three months, underperforming the S&P 500 which has
fallen by 1.60% and 1.16% during the respective periods. Additionally, IPG
Photonics Corporation's shares are trading below their 50-day and 200-day
moving averages. The free report on IPGP can be downloaded by signing up now
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