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SOURCE AAA Research Reports
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LONDON, December 12, 2013 /PRNewswire/ --
On Wednesday, December 11, 2013, the U.S. equity market edged lower with the S&P 500 ending the day at 1,782.22, down 1.13%; the Dow Jones Industrial Average closing at 15,843.53, down 0.81%; and the NASDAQ Composite finishing at 4,003.81, down 1.40%. The S&P 500 Information Technology Sector Index ended the day at 561.83, down 0.85%; and the S&P 500 Semiconductors Sub-Industry Index edged 1.46% lower to close at 400.55. However, the S&P 500 Semiconductors Sub-Industry Index rose 2.27% in the last one month and 6.61% in the previous three months, outperforming the S&P 500, which has gained 0.58% and 5.51% during the respective periods. The major movers in the industry included Broadcom Corporation (NASDAQ: BRCM), Marvell Technology Group Ltd (NASDAQ: MRVL), PMC-Sierra Inc. (NASDAQ: PMCS), and Applied Micro Circuits Corporation (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:
Broadcom Corp.'s stock posted gains on Wednesday, even as the broader market posted losses. The company's shares ended the day 0.60% higher at $28.68, after trading between $28.57 and $28.89. A total of 10.70 million shares were traded, which is above the daily average volume of 9.05 million. The company's shares have gained 7.94% in the last one month and 9.91% in the previous three months, outperforming the S&P 500, which has gained 0.58% and 5.51% during the respective periods. Further, Broadcom Corp.'s stock is trading above its 50-day moving average of $26.79. Download free report on BRCM upon registration at:
On Wednesday, shares in Marvell Technology Group Ltd finished the day at $13.49, which is 0.22% higher than the previous day's closing price of $13.46. The company's shares fluctuated between $13.45 and $13.84 during the trading session. A total of 7.65 million shares were traded, which is above the daily average volume of 6.90 million. The company's shares have gained 0.07% in the last one month and 5.31% in the previous three months, compared to a gain of 0.58% and 5.51% in the S&P 500 during the respective periods. Additionally, Marvell Technology Group Ltd's stock is trading above its 50-day and 200-day moving averages of $12.69 and $11.74, respectively. MRVL technical report can be accessed for free by signing up at:
PMC-Sierra Inc.'s stock declined on Wednesday, to close the day at $5.95, down 1.16% from the previous day's closing price of $6.02. The company's shares vacillated between $5.93 and $6.10 during the trading session. A total of 1.45 million shares were traded, which is below the daily average volume of 1.61 million. Despite Wednesday's pullback, the company's shares have gained 4.20% in the last one month, outperforming the S&P 500, which has advanced 0.58% during the same period. Moreover, PMC-Sierra Inc.'s stock is trading below its 50-day and 200-day moving averages of $6.17 and $6.33, respectively. The free report on PMCS can be downloaded by signing up now at:
On Wednesday, shares in Applied Micro Circuits Corp. plummeted, as the broader market edged lower. The company's shares traded between $12.05 and $12.74 before ending the day 4.71% lower at $12.13. A total of 0.51 million shares were traded, which is below the daily average volume of 0.94 million. Despite Wednesday's decline, the company's shares have gained 7.54% in the last one month, outperforming the S&P 500, which has advanced 0.58% during the same period. Furthermore, Applied Micro Circuits Corp.'s stock is trading above its 200-day moving average of $10.10. A free report on AMCC can be accessed by registering at:
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