Under AAAResearchReports.com Microscope: Broadcom Corp., Marvell Technology
Group Ltd, PMC-Sierra Inc., and Applied Micro Circuits Corp.
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LONDON, November 15, 2013
LONDON, November 15, 2013 /PRNewswire/ --
On Thursday, November 14, 2013, all three indexes of the US equity market
posted gains. The S&P 500 ended the day at 1,790.62, up 0.48%; the Dow Jones
Industrial Average closed at 15,876.22, up 0.35%; and the NASDAQ Composite
finished at 3,972.74, up 0.18%. Shares in the semiconductor - integrated
circuits industry declined, even as the broader market edged higher. The major
movers in the industry included Broadcom Corp. (NASDAQ: BRCM), Marvell
Technology Group Ltd (NASDAQ: MRVL), PMC-Sierra Inc. (NASDAQ: PMCS), and
Applied Micro Circuits Corp. (NASDAQ: AMCC). AAAResearchReports.com has
released full comprehensive research on BRCM, MRVL, PMCS, and AMCC. These free
technical analyses can be downloaded by signing up at:
On Thursday, Broadcom Corp.'s stock ended the session 2.32% lower than the
previous day's price of $27.58. The company's shares oscillated between $26.41
and $27.31 before closing the day at $26.94. A total of 17.34 million shares
were traded, which is above the daily average volume of 9.04 million. The
company's shares have gained 1.39% in the previous three trading sessions,
outperforming the S&P 500 which has gained 1.06% during the same period.
Despite Thursday's losses, Broadcom Corp.'s stock is trading above its 50-day
moving average of $26.72. A free technical analysis on BRCM available by
signing up at:
Marvell Technology Group Ltd's shares closed the day at$13.69, down 1.93%,
after oscillating between$13.56 and $13.93 during the trading session. A
total of 6.40 million shares were traded, which is below the daily average
volume of 7.17 million. Despite Thursday's pullback, the company's shares have
advanced 19.89% in the last one month and 1.57% in the previous three trading
sessions, compared to a gain of 4.71% and 1.06% in the S&P 500 during the
respective periods. Further, Marvell Technology Group Ltd's stock is trading
near its 52-week high of $14.02 and also above its 50-day and 200-day moving
averages of $12.12 and $11.34, respectively. Register today and access free
research on MRVL at:
Shares in PMC-Sierra Inc. fell by 1.20% on Thursday, closing at $5.77 after
oscillating between $5.72 and $5.86 during the trading session. A total of
1.16 million shares were traded, which is below the daily average volume of
1.65 million. The company's shares have advanced 1.05% in the previous three
trading sessions, underperforming the S&P 500, which has gained 1.06% during
the same period. Moreover, PMC - Sierra Inc.'s stock is trading below its
50-day and 200-day moving averages of $6.42 and $6.38, respectively. The free
report on PMCS can be downloaded by signing up now at:
On Thursday, Applied Micro Circuits Corp.'s stock declined 2.15%, even as the
broader market advanced. The company's shares ended the day at $10.91 after
fluctuating between $10.89 and $11.13 during the trading session. A total of
1.01 million shares were traded, which is above the daily average volume of
0.96 million. The company's shares have declined 3.28% in the previous three
trading sessions, underperforming the S&P 500 which has gained 1.06% during
the same period. However, Applied Micro Circuits Corp.'s stock is trading
above its 200-day moving average of $9.79. A free report on AMCC can be
accessed by registering at:
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