NASDAQ Decliners Investors Should Know About: (NASDAQ; CSCO), (NASDAQ: ZNGA)
Cisco Systems Inc. (NASDAQ: CSCO) traded in the range of $20.16 and $20.42 during its latest trading session. The stock had opened at $20.34 and closed at $20.29, down 0.94 percent from its previous close of $20.48. Cisco Systems has its first support level at $19.93 while it faces the resistance at $20.42. If the stock breaches this level, it may go as high as $20.63.
Cisco Systems recorded the volume of 30.785 million shares. The company announced its new collaboration with AT&T for providing home security.
Zynga Inc. (NASDAQ: ZNGA) opened at $2.66 and oscillated in the range of $2.62 and $2.76 in the previous trading session. It closed at $2.62, down 0.38 percent from its previous close of $2.63. Zynga shows bullish trend and the stock’s first resistance level is at $3.25. Upon breaching this level, the stock may touch $5.09. On the downside, it may slip to $2.52. Zynga is engaged in the business of developing and marketing social games. It has various popular games such as Farmville under its belt. The company provides its products through various social media sites and different platforms such as Android and iOS.
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