June 04, 2013 at 10:55 AM EDT
StockCall Scrutinizes JNPR, ARUN, RVBD, FNSR, and PANW
StockCall.com Provides Stock Research on Juniper Networks Inc., Aruba Networks Inc., Aruba Networks Inc., Finisar Corp., and Palo Alto Networks Inc.
New York City, New York -- (June 04, 2013)
Mobile is expected to remain the growth driver for networking & communications devices makers in the U.S. as well as globally. The increasing use of smartphones and tablets has led to a shift to mobile computing from PCs over the last couple of years. With the trend expected to continue, mobile will remain a key growth driver for networking & communication devices makers. On Monday, June 3, 2013, shares in networking & communication devices makers ended mostly lower, even as the broader market posted gains. The major movers in the sector included Juniper Networks Inc. (NYSE: JNPR), Aruba Networks Inc. (NASDAQ: ARUN), Riverbed Technology Inc. (NASDAQ: RVBD), Finisar Corporation (NASDAQ: FNSR), and Palo Alto Networks Inc. (NYSE: PANW). StockCall reviewed the Networking & Communication Devices industry and chose JNPR, ARUN, RVBD, FNSR, and PANW for its technical coverage. These free reports can be seen for free at
Shares in Juniper Networks Inc. moved lower on Monday even as the broader market posted gains. The company’s shares traded between $17.45 and $17.78 before finishing the day 1.30% lower at $17.50. A total of 6.16 million shares were traded yesterday which is below the daily average volume of 8.23 million. Shares of JNPR have now fallen over 2.70% in the last three trading sessions. So far this year, the stock has declined over 11%, underperforming the S&P 500. Download the free research on JNPR by signing up now at
Aruba Networks Inc.’s stock ended slightly lower in its last trading session, reversing some of the gains from prior sessions. The company’s shares ended the day 0.23% lower at $14.90 after trading between $14.33 and $15.24. A total of 4.29 million shares were exchanged which is below the daily average volume of 6.27 million. However, despite the pullback on Monday, shares of ARUN have gained over 1.60% in the last three sessions. Register for today’s free analysis on ARUN at
Shares in Riverbed Technology Inc. fell sharply on Monday, closing 2.13% lower at $15.13. A total of 2.66 million shares were traded between $14.83 and $15.55. So far this year, the company’s shares have fallen nearly 23.30%, underperforming the S&P 500. The stock is also trading 36.56% below its 52-week high. It is currently trading above its 50-day moving average but below its 200-day moving average. Free report on RVBD can be accessed by registering at
Finisar Corporation’s stock ended lower yesterday, closing at $13.06, down 0.31% over previous trading session’s closing price. A total of 1.53 million shares were traded which is below the daily average volume of 1.99 million. Shares of FNSR have been facing stiff resistance at around $13.50. The stock is currently trading below its 50- and 200-day moving averages.Register withStockCall and download the research on FNSR for free at
Shares in Palo Alto Networks Inc. tumbled on Monday, extending their losses from previous trading sessions. The company’s shares hit a 52-week low of $45.37 before finishing the day 5.54% lower at $45.83. A total of 2.31 million shares were traded which is more than double the daily average volume of 1.05 million. Shares of PANW have fallen over 16.30% in the last three sessions. The stock is trading well below its 50- and 200-day moving averages. Read the full free research on PANW by signing up to StockCall at
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William T. Knight
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