Technical Study: Sprint Corp., Glu Mobile Inc., Bruker Corp., and Mentor
LONDON, October 29, 2013
LONDON, October 29, 2013 /PRNewswire/ --
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The U.S. equity market closed on a mixed note on Monday, October 28, 2013;
with the S&P 500 posting gains, while the Dow Jones Industrial Average and
NASDAQ Composite ended slightly lower. Shares in the technology sector ended
on a mixed note, as the broader market fluctuated between gains and losses.
Sprint Corporation (NYSE: S), Glu Mobile Inc. (NASDAQ: GLUU), Bruker
Corporation (NASDAQ: BRKR), and Mentor Graphics Corporation (NASDAQ: MENT),
were amongst the major movers in the sector during the trading session.
AAAResearchReports.com free coverage on S, GLUU, BRKR, and MENT is available
upon registration at:
Sprint Corp.'s stock advanced 2.48% on Monday, ending the day at $6.61. The
company's shares vacillated between $6.46 and $6.68 during the session. A
total of 21.17 million shares were traded, which is above the daily average
volume of 18.53 million. The company's shares have gained 7.31% in the
previous one month and 15.16% in the last three months, outperforming the S&P
500, which has advanced 4.16% and 4.17% during the respective periods.
Further, Sprint Corp.'s stock is trading above its 50-day moving average of
$6.46. Download free technical research on S by signing up at:
Shares in Glu Mobile Inc. rallied 11.99% on Monday, even as the U.S. equity
market fluctuated between gains and losses. The company's shares fluctuated
between$3.50 and $3.83before ending the day an intra-day high of at$3.83. A
total of 8.84 million shares were traded, which is significantly above the
daily average volume of 2.34 million. The company's shares have rallied 38.27%
in the previous three months and 35.82 % in the last one month, compared to a
gain of 4.17% and 4.16% in the S&P 500 during the respective periods.
Moreover, Glu Mobile Inc.'s stock is currently trading near its 52-week high
of $3.86 and also above its 50-day and 200-day moving averages of $2.63 and
$2.61, respectively. Register now and get access to free analysis on GLUU at:
On Monday, Bruker Corp.'s stock declined to close at $20.40, down 1.12% from
the previous day's closing price of $20.63. The company's shares oscillated
between $20.29 and $20.63 during the trading session. A total of 0.56 million
shares were traded, which is below the daily average volume of 0.67 million.
Despite Monday's pullback, the company's shares have surged 14.34% in the
previous three months, outperforming S&P 500, which has gained 4.17% during
the same period. Additionally, Bruker Corp.'s stock is trading above its
50-day and 200-day moving averages of $20.31 and $18.25, respectively. Sign up
and read our complimentary report on BRKR at:
Mentor Graphics Corp.'s stock edged higher on Monday, even as the U.S. equity
market finished on a mixed note. The company's shares closed the day at
$22.37, up 0.40%, after fluctuating between $22.07 and $22.38 during the
trading session. A total of 0.54 million shares were traded, which is at par
with the daily average volume. The company's shares have advanced 12.58% in
the previous three months, outperforming the S&P 500, which has advanced 4.17%
during the same period. Furthermore, Mentor Graphics Corp.'s stock is trading
above its 200-day moving average of $19.46. The free report on MENT can be
downloaded by signing up now at:
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