Information contained on this page is provided by an independent third-party content provider. WorldNow and this Station make no warranties or representations in connection therewith. If you have any questions or comments about this page please contact email@example.com.
SOURCE AAA Research Reports
LONDON, October 25, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
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 reports at:
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:
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider represented by Ananya Ghosh, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
©2012 PR Newswire. All Rights Reserved.