Pre-Market Review: SAIC Inc., TW Telecom Inc., Mercadolibre Inc., and Wave
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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:
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:
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
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:
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:
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