NEW YORK, NY / ACCESSWIRE / August 9, 2018 / U.S. equities were mixed on Wednesday as a result of disappointing corporate earnings combined with the latest trade news. The Dow Jones Industrial Average decreased 0.18
"Markets are heading into one of the slowest trading periods and it's not surprising to see small moves in either direction in the absence of big news," said chief market strategist, at Prudential Financial, Quincy Krosby. "With the earnings season almost over, investors will continue to react to trade-related headlines, which may take another full month before we get some news in mid-September,"
RDI Initiates Coverage on:
Nuance Communications, Inc.
Stamps.com's stock moved 3.15% lower Wednesday, to close the day at $255.15. The stock recorded a trading volume of 241,561 shares, which was below its three months average volume of 263,473 shares. In the last year, Stamps.com's shares have traded in a range of 160.00 - 285.75. The share price has gained 59.47% from its 52 week low. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $266.21 is above its 200-day moving average of $230.95. Shares of the company are trading at a Price to Earnings ratio of 26.62. Shares of Stamps.com have fallen roughly 5.29
Access RDI's Stamps.com Inc. Research Report at:
On Wednesday, shares of Nuance Communications recorded a trading volume of 1,309,769 shares, which was below the three months average volume of 3,243,332 shares. The stock ended the day 0.26% higher at $15.53. The share price has fallen 17.17% from its 52
Access RDI's Nuance Communications, Inc. Research Report at:
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