Technical Scrutiny: Alcatel-Lucent S.A., QUALCOMM Inc., Tellabs Inc., and
Sonus Networks Inc.
LONDON, August 29, 2013
LONDON, August 29, 2013 /PRNewswire/ --
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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:
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:
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:
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
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
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