June 10, 2013 at 10:55 AM EDT
INTC, CDNS, YNDX, INVN, and ENTR Under StockCall’s Microscope
StockCall.com Provides Stock Research on Intel Corp., Cadence Design Systems Inc., Yandex N.V., InvenSense Inc., and Entropic Communications Inc.
New York City, New York -- (June 10, 2013)
The shift to mobile computing has emerged as one of the biggest trend in the technology sector in the U.S., as well as globally, over the last couple of years. With the increasing demand for smartphones and tablets, the shift to mobile computing from PCs is expected to continue. For technology companies, the key will be to adapt to the changing market dynamics; meaning that companies will have to implement sound mobile strategies to capitalize on the latest trend. On Friday, June 7, 2013, shares in technology companies ended mostly higher as the broad market posted strong gains after concerns over the Federal Reserve’s bond buying program eased a little. The major movers in the U.S. tech sector on Friday included Intel Corporation (NASDAQ: INTC), Cadence Design Systems Inc. (NASDAQ: CDNS), Yandex N.V. (NASDAQ: YNDX), InvenSense Inc. (NYSE: INVN), and Entropic Communications Inc. (NASDAQ: ENTR). StockCall has released full comprehensive research on INTC, CDNS, TNDX, INVN, and ENTR and these free technical analyses can be downloaded by signing up at
Shares in Intel Corporation ended slightly lower on Friday even as the broader market rallied. The company’s shares fell to an intraday low of $24.22 before finishing the day 0.24% lower at $24.59. A total of 35.54 million shares were traded which is below the daily average volume of 41.97 million. Shares of INTC have now fallen over 3% in the last three sessions. However, despite the recent losses, the stock is still up over 21.60% so far this year. Free technical analysis on INTC available by signing up at
Cadence Design Systems Inc.’s stock rose sharply on Friday, closing at $15.17, up 1.61% from its previous closing price. The company’s shares hit an intraday high of $15.23 in its most recent session. A total of 2.20 million shares were traded which is below the daily average volume of 2.46 million. Shares of CDNS are currently trading close to their 52-week high of $15.32. So far this year, the stock has gained nearly 12.30%, underperforming the S&P 500. Register today and access the free research on CDNS at
Shares in Yandex N.V. rallied on Friday, reversing most of its losses for the week. The company’s shares hit an intraday high of $27.12 before finishing the day 3.40% higher at $27.08. A total of 1.78 million shares were traded which is below the daily average volume of 2.27 million. However, despite the gains on Friday, shares of YNDX fell nearly 0.30% last week. The stock is currently trading well above its 50- and 200-day moving averages. The free report on YNDX can be downloaded by signing up now at
InvenSense Inc.’s stock was one of the best performers in the tech sector on Friday. The company’s shares hit an intraday high of $13.34 before finishing the day 3.66% higher at $13.30. A total of 1.86 million shares were traded which is below the daily average volume of 2.18 million. However, despite the gains on Friday, shares of INVN fell over 1.30% in the last three sessions. Free report on INVN can be accessed by registering at
Shares in Entropic Communications Inc. moved higher on Friday, extending their gains for the week. The company’s shares ended the day 1.83% higher at $4.45 after trading between $4.36 and $4.48. A total of 490,738 shares were traded which is well below the daily average volume of 838,110. Shares of ENTR grew nearly 4% for the week.Register withStockCall and download the research on ENTR for free at
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William T. Knight
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