Losers of the Tech Sector: VRNG, RFMD, TLAB, MRVL
NEW YORK, NOVEMBER 30, 2012 — (Net PR News) — Vringo, Inc. (NYSEAMEX: VRNG) was among the percentage losers of the technology sector and fell -2.54%. VRNG traded with volume of 2.14 million shares in the last session as compared to average volume of 8.61 million shares. The stock showed downbeat weekly and monthly performances of -8.00% and -13.75%, respectively. On the other hand, the quarterly performance was quite satisfactory as VRNG moved up +7.81%. The stock was a gainer in its yearly and year to date performances and escalated +157.46% and 248.48%, respectively.
Vringo, Inc. (NYSEAMEX: VRNG) develops and provides software products for mobile video entertainment, personalization, and mobile social applications.
How Should Investors Trade VRNG Now? Don’t Trade VRNG until you Read this Trend Analysis Report
RF Micro Devices, Inc. (NASDAQ:RFMD) moved down -1.13% and closed at the end of the last session at $4.36. The market capitalization of RFMD remained 1.22 billion. On November 29, 2012, RFMD traded with volume of 5,913,200 shares and its average trading capacity was 6.60 million shares. RFMD was a loser in its yearly and year to date performances of -23.91% and -19.26%, respectively. The return on equity of the stock was negative -8.70%, the return on assets of the stock was -6.11%, while the return on investment was -7.33%.
RF Micro Devices, Inc. (NASDAQ: RFMD) designs, develops, manufactures, and markets radio frequency (RF) components and compound semiconductor technologies primarily in the United States and Asia.
How Should Investors React To RFMD Now? Find Out in this Trend Analysis Report
Tellabs, Inc. (NASDAQ: TLAB) decreased -1.01% and closed trading at $2.95. The 52 week range of the stock remained $2.70- $4.41. TLAB’s volume on November 29, 2012 was 4,053,000 shares, that was higher as compared to average volume of 2.71 million shares. Tellabs, Inc. (NASDAQ: TLAB) reported that the Board of Directors of the company has declared a special cash dividend per share price of $1.00. The company also reported that on Dec 21, 2012, the dividend will be payable to stockholders of record as of Dec, 14, 2012.
Tellabs, Inc. (NASDAQ: TLAB) designs, develops, and supports telecommunications networking products for communication service providers in the United States and internationally. Tellabs, Inc. was founded in 1974 and is headquartered in Naperville, Illinois.
Get a free report and detailed analysis on TLAB Click Here to read
Marvell Technology Group Ltd. (NASDAQ: MRVL) fell -0.70% and finished trading at $8.48. The day range of the stock was $8.35- $8.72 while the market capitalization was 4.73 billion. The stock traded with volume of 13,506,900shares while the average volume was 12.00 million shares. Marvell Technology Group Ltd. (NASDAQ: MRVL) stated that its DragonFly accelerator has received the “silver winner” in the Best in Biz Awards relating to the category of Enterprise Product of the Year .
Marvell Technology Group Ltd. (NASDAQ: MRVL) designs, develops, and markets analog, mixed-signal, digital signal processing, and embedded and standalone ARM-based microprocessor integrated circuits.
Is MRVL a solid investment at these levels? Find out EXACTLY where MRVL is headed with this TREND ANALYSIS REPORT
About Fast Moving Stocks
FastMovingStock.com is engaged in providing valuable ideas and news information on U.S. stocks on a regular basis. FastMovingStock.com provides detailed research guides on small cap and large cap stocks, helping investors in making wise stock market investment decisions through its free e-newsletter to subscribers.
The assembled information disseminated by fastmovingstock.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Fast moving stock.com does not expect that investors will buy and sell securities based on information assembled and presented in fastmovingstock.com. PLEASE always do your own due diligence, and consult your financial advisor.