Technical Study: LSI Corp., First Solar Inc., GT Advanced Technologies Inc.,
and Altera Corp.
LONDON, August 28, 2013
LONDON, August 28, 2013 /PRNewswire/ --
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The U.S. equity market fell sharply on Tuesday, August 27, 2013. The S&P 500
lost 1.59%, closing at 1,630.48, the Dow Jones industrial Average fell by
1.14%, closing at 14,776.13, and the NASDAQ Composite index lost 2.16%,
closing at 3,578.52. Shares of semiconductor-specialized companies also
declined sharply, tracking changes in the broader market. The major movers in
the semiconductor-specialized industry included LSI Corporation (NASDAQ: LSI),
First Solar Inc. (NASDAQ: FSLR), GT Advanced Technologies Inc. (NASDAQ: GTAT),
and Altera Corporation (NASDAQ: ALTR). AAAResearchReports.com free coverage on
LSI, FSLR, GTAT, and ALTR is available upon registration at:
LSI Corporation's shares fell sharply on Tuesday, tracking losses in the
broader market. The company's shares vacillated between $7.45 and $7.58 before
ending the day 1.12% lower at $7.51. A total of 6.26 million shares were
traded, which is above the daily average volume of 4.98 million. Despite
Tuesday's sharp decline, the company's stock has gained 0.60% in the last
three trading sessions. LSI Corporation's shares have also gained 3.95% in the
last three months, outperforming the S&P 500 which has fallen by 1.16% during
the same period. Further, the company's shares are trading above their 50-day
and 200-day moving averages. Download free technical research on LSI by
signing up at:
First Solar Inc.'s stock plunged 5.00% on Tuesday, finishing at $36.84. The
company's shares oscillated between $36.73 and $38.19. A total of 4.03 million
shares were traded, which is below the daily average volume of 5.72 million.
First Solar Inc.'s shares have fallen by 22.52% in the last one month and
28.54% in the last three months, underperforming the S&P 500 during the same
periods. Further, the company's shares are currently trading below their
50-day and 200-day moving averages. Register now and get access to free
analysis on FSLR at:
On Tuesday, shares in GT Advanced Technologies Inc. plummeted 5.26%. The
company's shares ended the day at $6.31 after fluctuating between $6.22 and
$6.60. A total of 3.55 million shares were traded, which is lower than the
daily average volume of 3.72 million. The company's shares have gained 33.12%
in the last one month and 44.06% in the last three months, outperforming the
S&P 500 which has declined by 3.62% and 1.16% during the respective periods.
Sign up and read our complimentary report on GTAT at:
Shares in Altera Corporation fell sharply on Tuesday to end the day 1.76%
lower. After oscillating between $34.46 and $35.13, the company's shares
closed at $34.53. A total of 2.93 million shares were traded, which is below
the daily average volume of 3.07 million. Altera Corporation's shares have
gained 4.83% in the last three months, compared to a loss of 1.16% in the S&P
500 during the same period. Moreover, the company's shares are trading above
their 50-day and 200-day moving average. The free report on ALTR can be
downloaded by signing up now at:
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SOURCE AAA Research Reports
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