NEW YORK, NY / ACCESSWIRE / November 21, 2018 / U.S. markets plunged on Tuesday as FAANG (Facebooks, Amazon, Apple, Netflix
According to Dario Perkins, managing director of global macro at TS Lombard, "
"Additional retrenchment in the FAANGs could also undermine the broader US stock market," Perkins added.
The Market Edge Initiates Coverage on:
Sphere 3D Corp.
Autodesk's stock moved 2.14% lower Tuesday, to close the day at $123.05. The stock recorded a trading volume of 3,655,966 shares, which was above its three months average volume of 2,223,898 shares. In the last year, Autodesk's shares have traded in a range of 101.55 - 159.94. The share price has gained 21.17% 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 $136.48 is below its 200-day moving average of $138.22. Shares of Autodesk have fallen roughly 7.61 percent in the past month and are up 17.38 percent year-to-date.
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On Tuesday, shares of Sphere 3D recorded a trading volume of 14,895,653 shares, which was above the three months average volume of 489,709 shares. The stock ended the day 144.81% higher at $6.61. The share price has fallen 72.82% from its 52
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