Early Briefing and Review: Alcatel-Lucent, QUALCOMM Inc., Tellabs Inc., and
Sonus Networks Inc.
LONDON, October 25, 2013
LONDON, October 25, 2013 /PRNewswire/ --
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On Thursday, October 24, 2013, all three benchmark indexes of the US equity
market closed higher with the S&P 500, the Dow Jones Industrial Average, and
the NASDAQ Composite rising 0.33%, 0.62%, and 0.56%, respectively. Shares in
the communication equipment industry ended on a mixed note, even as the
broader market advanced. The major movers included Alcatel-Lucent (NYSE: ALU),
QUALCOMM Inc. (NASDAQ: QCOM), Tellabs Inc. (NASDAQ: TLAB), and Sonus Networks
Inc. (NASDAQ: SONS). AAAResearchReports.com has released free charting and
technical research on these aforementioned companies. Register to read these
Alcatel-Lucent's stock plummeted by 2.59% to $3.38 on Thursday, after
vacillating between $3.33 and $3.52 during the session. A total of 26.44
million shares were traded, which is above the daily average volume of 21.67
million. Despite Thursday's pullback, the company's shares have surged 57.94%
in the previous three months, outperforming the S&P 500, which has gained
3.92% during the same period. Furthermore, Alcatel-Lucent's stock is trading
above its 50-day and 200-day moving averages of $3.30 and $2.09, respectively.
Sign up for free report on ALU at:
Shares in QUALCOMM Inc. fell by 0.15% on Thursday, even as the broader market
posted gains. The company's shares closed the day at $66.94, after trading
between $66.82 and $67.51. A total of 7.02 million shares were traded, which
is below the daily average volume of 10.64 million. Despite Thursday's losses,
QUALCOMM Inc.'s stock have gained 9.04% in the previous three months, compared
to a gain of 3.92% in the S&P 500 during the same period. Additionally, the
company's shares are trading above their 200-day moving average of $65.19.
QCOM free technical report can be accessed by signing up at:
Tellabs Inc. edged higher on Thursday, tracking gains in the broader market.
The company's shares closed the day 0.41% higher at $2.44, after oscillating
between $2.43 and $2.46. A total of 13.06 million shares were traded, which is
significantly above the daily average volume of 3.97 million. The company's
shares have gained 3.39% in the last one month and 10.36% in the previous
three months, compared to a gain of 3.22% and 3.92% in the S&P 500 during the
respective periods. Moreover, Tellabs Inc.'s stock is trading above its 50-day
and 200-day moving averages of $2.32 and $2.17, respectively. A free report on
TLAB can be accessed by registering at:
On Thursday, Sonus Networks Inc.'s stock gained 2.73%, reversing most of the
losses from the previous trading session. The company's shares closed the day
at $3.39, after fluctuating between $3.27 and $3.40 during the trading
session. A total of 1.23 million shares were traded, which is below the daily
average volume of 1.86 million. Sonus Networks Inc.'s stock is trading above
its 200-day moving average of $2.91. However, the company's shares have fallen
by 2.02% in the last one month, compared to a gain of 3.22% in the S&P 500
during the same period. Register with AAA Research Reports and download
research on SONS for free at:
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