Early Briefing and Review: Sprint Corp., Glu Mobile Inc., Bruker Corp., and Mentor Graphics Corp.
Early Briefing and Review: Sprint Corp., Glu Mobile Inc., Bruker Corp., and Mentor Graphics Corp. PR Newswire LONDON, October 9, 2013 LONDON, October 9, 2013 /PRNewswire/ -- Editor Note: For more information about this release, please scroll to bottom. On Tuesday, October 8, 2013, all three benchmark indexes of the US equity market closed lower, with the Dow Jones Industrial Average, the S&P 500, and the NASDAQ Composite falling by 1.07%, 1.23%, and 2.00%, respectively. Shares in the Technology sector ended mostly on a lower note, as the broader market declined. The major movers included Sprint Corporation (NYSE: S), Glu Mobile Inc. (NASDAQ: GLUU), Bruker Corporation (NASDAQ: BRKR) and Mentor Graphics Corporation (NASDAQ: MENT). AAAResearchReports.com has released free charting and technical research on these aforementioned companies. Register to read these reports at: http://www.aaaresearchreports.com/register/ Shares in Sprint Corp. plummeted on Tuesday, tracking losses in the broader market. The company's shares ended the day 3.92% lower at $6.13 after fluctuating between $6.11 and $6.43. A total of 19.66 million shares were traded during the trading session. Despite the recent losses, Sprint Corp.'s shares have gained 10.45% in the previous three months, outperforming the S&P 500 which has advanced 0.91% during the same period. Additionally, the company's stock is trading below its 50-day moving average of $6.59. Sign up for free report on S at: http://www.AAAResearchReports.com/S100913.pdf Glu Mobile Inc.'s stock surged on Tuesday, extending the gains from the previous trading session. The company's shares ended the day 6.59% higher at an intra-day high of $2.91 after vacillating between $2.72 and $2.91. A total of 3.56 million shares were traded, which is above the daily average volume of 1.81 million. Glu Mobile Inc.'s stock has surged 20.75% in the last one month and 16.87% in the previous three months, outperforming the S&P 500 which has gained 0.02% and 0.91% during the respective periods. Moreover, the company's shares are trading above their 50-day and 200-day moving averages of $2.48 and $2.56, respectively. GLUU free technical report can be accessed by signing up at: http://www.AAAResearchReports.com/GLUU100913.pdf On Tuesday, Bruker Corp.'s stock fell sharply to close at $19.67, which is 2.16% lower than the previous day's closing price of $20.11. The company's shares oscillated between $19.59 and $20.28 during the trading session. A total of 1.00 million shares were traded, which is above the daily average volume of 0.69 million. Despite Tuesday's sharp decline, the company's shares have gained 18.35% in the previous three months, outperforming the S&P 500 which has advanced 0.91% during the same period. Further, Bruker Corp.'s stock is trading above its 200-day moving average of $17.94. A free report on BRKR can be accessed by registering at: http://www.AAAResearchReports.com/BRKR100913.pdf Mentor Graphics Corp.'s stock fell sharply by 1.68% on Tuesday, as the U.S. equity market ended on a negative note. The company's shares vacillated between $22.10 and $22.74 before finishing the day at $22.19. A total of 0.45 million shares were traded, which is below the daily average volume of 0.56 million. Despite Tuesday's sharp decline, Mentor Graphics Corp.'s shares have gained 11.51% in the previous three months, outperforming the S&P 500 which has gained 0.91% during the same period. Furthermore, the company's stock is trading above its 50-day and 200-day moving averages of $22.08 and $19.06, respectively. Register with AAA Research Reports and download research on MENT for free at: http://www.AAAResearchReports.com/MENT100913.pdf ---- EDITOR NOTES: 1. This is not company news. 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