Pre-Market Review: SAIC Inc., TW Telecom Inc., Mercadolibre Inc., and Wave Systems Corp.
Pre-Market Review: SAIC Inc., TW Telecom Inc., Mercadolibre Inc., and Wave Systems Corp. Editor Note: For more information about this release, please scroll to bottom. PR Newswire LONDON, September 13, 2013 LONDON, September 13, 2013 /PRNewswire/ -- On Thursday, September 12, 2013, all three indexes of the US equity market ended on a lower note. The S&P 500 ended the day at 1,683.42, down 0.34%; the NASDAQ Composite closed at 3,715.97, down 0.24%; and the Dow Jones Industrial Average finished at $15,300.64, down 0.17%. Shares in the technology sector ended on a mixed note, even as the broader market posted losses. The major movers in the sector included SAIC Inc. (NYSE: SAI), TW Telecom Inc. (NASDAQ: TWTC), MercadoLibre Inc. (NASDAQ: MELI), and Wave Systems Corporation (NASDAQ: WAVX). AAAResearchReports.com initiated preliminary technical research on SAI, TWTC, MELI, and WAVX. These free reports are accessible by signing today at: http://www.aaaresearchreports.com/register/ SAIC Inc.'s stock rose sharply on Thursday, extending its gains from previous trading sessions. The company's shares closed the day at $14.96, up 1.29% from the previous day's price of $14.77. The company's shares fluctuated between $14.37 and $15.11 during the trading session. A total of 9.90 million shares were traded, which is significantly above the daily average volume of 2.60 million. The company's shares have gained 3.60% in the previous three trading sessions and 10.08% in the last three months, outperforming the S&P 500 which has advanced 0.70% and 4.40% during the respective periods. Moreover, SAIC Inc.'s stock is trading above its 50-day and 200-day moving averages of $14.91 and $12.88, respectively. The free technical analysis on SAI is available by signing up at: http://www.AAAResearchReports.com/SAI091313.pdf Shares in TW Telecom Inc. rose 0.10% on Thursday, even as the broader market closed on a lower note. The company's shares ended the day at $29.72 after fluctuating between $29.60 and $29.79. A total of 0.69 million shares were traded, which is below the daily average volume of 1.10 million. The company's stock is up 2.20% in the previous three trading sessions and 4.76% in the last three months, compared to a gain of 0.70% and 4.40% in the S&P 500 during the respective periods. Moreover, TW Telecom Inc.'s stock is trading near its 52-week high of $30.70 as well as above its 50-day and 200-day moving averages of $29.34 and $27.31, respectively. Register now to download free research on TWTC at: http://www.AAAResearchReports.com/TWTC091313.pdf On Thursday, MercadoLibre Inc.'s stock fell sharply as the broader market declined. The company's shares ended the day 1.90% lower at $126.52 after fluctuating between $125.51 and $130.28. A total of 0.58 million shares were traded, which is above the daily average volume of 0.50 million. Despite Thursday's losses, the company's shares have advanced 13.07% in the last three months, outperforming the S&P 500 which has gained 4.40% during the same period. Additionally, MercadoLibre Inc.'s stock is trading above its 50-day and 200-day moving averages of $117.96 and $100.57, respectively. A free report on MELI can be accessed by registering at: http://www.AAAResearchReports.com/MELI091313.pdf Wave Systems Corp.'s stock plummeted on Thursday, reversing gains from the previous trading session. The company's shares vacillated between $1.30 and $1.43 before finishing the day 5.76% lower at $1.31. A total of 0.29 million shares were traded, which is above the daily average volume of 0.15 million. Wave Systems Corp.'s shares have fallen by 1.50% in the previous three trading sessions, compared to a gain of 0.70% in the S&P 500 during the same period. Additionally, the company's stock is trading below its 50-day and 200-day moving averages of $1.38 and $2.36, respectively. Register with AAA Research Reports and download research on WAVX for free at: http://www.AAAResearchReports.com/WAVX091313.pdf ---- EDITOR NOTES: 1. This is not company news. We are an independent source and our views do not reflect the companies mentioned. 2. Information in this release is fact checked and produced on a best efforts basis and reviewed by an analyst. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below. 3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public. 4. 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