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Shares Slumps In Early Hours Of Trade: Stock’s Trend Analysis On – DVAX, FTR, DRYS, ZNGA

on 16/11/2012

Houston, TX – November 16, 2012 — (Net PR News) – AnotherWinningTrade.com delivers quality trading ideas for the elite investor that has the financial wherewithal and market nimbleness to profit on small moves in a stock’s price. Become a member and you will be provided with real-time alerts intended to provide you with the opportunity to make profitable trades, to receive our FREE, comprehensive newsletter, visit AnotherWinningTrade.com. Stocks that are being watched this morning are: NASDAQ: DVAX, NASDAQ: FTR, NASDAQ: DRYS, NASDAQ: ZNGA

Dynavax Technologies Corporation (NASDAQ: DVAX) shares dropped massively at the rate of -48.60% on trading price of $2.38. Company’s opening price is $2.30 for today’s trading session.

Target price reduced by MLV Capital from $10.00 to $7.50 reported on Friday’s morning, currently Dynavax Technologies Corporation (NASDAQ: DVAX) has a buy rating on the stock.

Its year to date performance is declining with the drop of -27.71% while in last 5 days its lost more than 42%.

Get A Free Report And Detailed Analysis On DVAX CLICK HERE To Read

Frontier Communications Corp (NASDAQ: FTR) dropped as market opened with the loss of -2.30% at the price of $4.25, whereas its opening price is $4.25. Current trading volume of the company is 12.17 million shares while its average volume remained 9.84 million shares.

Year to date performance of the stock remained optimistic with the gain of 2.84%. Beta value of the company stands at 0.79 points.

Frontier Communications Corp (NASDAQ: FTR) currently having $3.75 target price on the stocks as Goldman Sachs downgraded its shares from a neutral rating to a sell rating.

How Should Investors React To FTR Now? Find Out In This TREND ANALYSIS REPORT

DryShips Inc. (NASDAQ: DRYS) shares slumps after opening trade for today its recent trading price is $1.59 whereas company started its trade today at the price of $1.71.

Average volume of the shares is 3.27 million while at the moment shares are trading capacity is 11.05 million shares.

Company’s previous one month and three month’s performance is downward with the drop of 32.91% and 32.03% respectively.

Shares of DryShips Inc. (NASDAQ: DRYS) reported negative trend due to its earnings announcement of third quarter of fiscal 2012, as it topped expectations on revenues and missed earnings per share’s outlooks. Also company’s margins dropped across the board.

Can DRYS Extend This Losing Stream? Find Out In This TREND ANALYSIS REPORT

Zynga Inc (NASDAQ: ZNGA) shares went off 4.37% on trading price of 2.19 recently current trading volume is 6.34 million shares, while company’s average volume is 20.79 million shares.

Stocks 52-week’s price range is $2.09 – $15.9. In its year to date performance, company lost more than 76% but last 5 days shows a positive turn. During last three months shares went down with percentage of 26.33.

How Should Investors Trade ZNGA Now? Don’t Trade ZNGA Until You Read This TREND ANALYSIS REPORT

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Source: anotherwinningtrade Posted Fri, November 16, 2012 19:17 - Permalink