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Today's Research Reports on Trending Tickers: Dropbox and FireEye

NEW YORK, NY / ACCESSWIRE / September 26, 2018 / U.S. equities were mixed on Tuesday as concerns of a potential trade war linger and investors look forward to details from the upcoming Fed monetary policy meeting. The Dow Jones Industrial Average dropped 0.26 percent to close at 26,492.21, while the S&P 500 Index declined 0.13 percent to close at 2,915.56. The Nasdaq Composite Index rose 0.18 percent to close at 8,007.47.

“Investors have been digesting the idea of a full-blown trade war for months now, and on top of that, they are already aware of what could be the next steps. Yesterday’s market reaction corroborates our view,” said Charalambos Pissouros, senior market analyst at JFD Brokers.

RDI Initiates Coverage on:

Dropbox, Inc.
https://rdinvesting.com/news/?ticker=DBX

FireEye, Inc.
https://rdinvesting.com/news/?ticker=FEYE

Dropbox's stock jumped 3.08% Tuesday, to close the day at $27.14. The stock recorded a trading volume of 3,196,562 shares, which was below its three months average volume of 5,435,550 shares. In the last year, Dropbox's shares have traded in a range of 24.78 - 43.50. The share price has gained 9.52% from its 52 week low. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $27.75 is below its 200-day moving average of $30.19. Shares of Dropbox have gained roughly 0.41 percent in the past month and are down 4.71 percent year-to-date.

Access RDI's Dropbox, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=DBX

On Tuesday, shares of FireEye recorded a trading volume of 5,820,658 shares, which was above the three months average volume of 3,651,946 shares. The stock ended the day 4.18% higher at $17.21. The share price has fallen 11.11% from its 52 week high with a 52 week trading range of 13.40 - 19.36. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $15.65 is below its 200-day moving average of $16.77. Shares of FireEye have gained roughly 5.13 percent in the past month and are up 21.2 percent year-to-date.

Access RDI's FireEye, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=FEYE

Our Actionable Research on Dropbox, Inc. (NASDAQ: DBX) and FireEye, Inc. (NASDAQ: FEYE) can be downloaded free of charge at Research Driven Investing.

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Disclaimer: This article is written by an independent contributor of RDInvesting.com and Nadia Noorani, a CFA® charter holder, has provided necessary guidance in preparing the document templates. RDInvesting.com is neither a registered broker-dealer nor a registered investment advisor. For more information please read our full disclaimer at www.rdinvesting.com/disclaimer.

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SOURCE: RDInvesting.com