Technical Scrutiny: Alcatel-Lucent S.A., QUALCOMM Inc., Tellabs Inc., and Sonus Networks Inc.
Technical Scrutiny: Alcatel-Lucent S.A., QUALCOMM Inc., Tellabs Inc., and Sonus Networks Inc. PR Newswire LONDON, August 29, 2013 LONDON, August 29, 2013 /PRNewswire/ -- Editor Note: For more information about this release, please scroll to bottom. On Wednesday, August 28, 2013, the U.S. equity market posted gains after declining in the previous two trading sessions. The S&P 500 gained 0.27%, while the Dow Jones Industrial Average and the NASDAQ Composite rose 0.33% and 0.41% respectively. The communication equipment industry also edged higher as the broader market advanced. The major movers in the industry included Alcatel-Lucent (NYSE: ALU), QUALCOMM Inc. (NASDAQ: QCOM), Tellabs Inc. (NASDAQ: TLAB), and Sonus Networks Inc. (NASDAQ: SONS). AAAResearchReports.com has tracked ALU, QCOM, TLAB, and SONS. These reports can be seen for free at: http://www.aaaresearchreports.com/register/ Shares in Alcatel-Lucent surged 3.50% on Wednesday, reversing some of their recent losses. The company's shares fluctuated between $2.53 and $2.67, before finishing the day at $2.66. A total of 17.11 million shares were traded, which is above the daily average volume of 15.68 million. The company's shares have gained 25.47% in the last one month and 68.35% in the last three months, outperforming the S&P 500 which has fallen by 3.35% and 1.51% during the respective periods. Further, Alcatel-Lucent's stock is trading above its 50-day and 200-day moving averages and close to its 52-week high of $2.82. Download free research on ALU by signing up now at: http://www.AAAResearchReports.com/ALU082913.pdf QUALCOMM Inc.'s shares moved higher on Wednesday, as the broader market posted gains. The company's shares ended the day at $66.56, up 0.82%, after oscillating between $65.99 and $66.84. A total of 8.51 million shares were traded, which is below the daily average volume of 13.26 million. The company's stock is up 3.02% in the last one month, compared to a loss of 3.35% in the S&P 500 during the same period. Moreover, QUALCOMM Inc.'s stock is currently trading above its 50-day and 200-day moving averages. Register for today's free analysis on QCOM at: http://www.AAAResearchReports.com/QCOM082913.pdf On Wednesday, Tellabs Inc.'s stock fluctuated between gains and losses before ending the day at the intra-day high of $2.22, up 0.23% from the previous day's price of $2.21. The company's shares oscillated between $2.20 and $2.22. A total of 1.21 million shares were traded, which is below the daily average volume of 3.17 million. Tellabs Inc.'s shares have gained 8.58% in the last three months, outperforming the S&P 500 which has fallen by 1.51% during the same period. Additionally, the company's stock is trading above its 50-day and 200-day moving averages. A free report on TLAB can be accessed by registering at: http://www.AAAResearchReports.com/TLAB082913.pdf On Wednesday, Sonus Networks Inc.'s shares closed the day flat at the previous day's closing price of $3.34. The company's shares oscillated between $3.34 and $3.40. A total of 1.11 million shares were traded, which is below the daily average volume of 2.50 million. The company's shares have fallen by 4.57% in the previous three trading sessions. Despite the recent losses, Sonus Networks Inc.'s stock has gained 29.96% in the last three months, outperforming the S&P 500 which has fallen by 1.51% during the same period. Furthermore, the stock is trading above its 50-day and 200-day moving averages. Register with AAA Research Reports and download research on SONS for free at: http://www.AAAResearchReports.com/SONS082913.pdf ---- EDITOR NOTES: 1. This is not company news. We are an independent source and our views do not reflect the companies mentioned. 2. 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