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Tuesday 14 April 2015
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Latest Update

Pre-Market Tech Shares Negative Movements Update: Applied Micro Circuits (AMCC), AIXTRON, (AIXG), Google, (GOOGL), Sonus Networks, (SONS), Bitauto, (BITA)

U.S. stock records moved in the middle of additions and misfortunes on Monday evening after their most exceptionally bad month in a year.

The Standard and Poor’s 500 rose three focuses, or 0.1 percent, to 1,997. The S&p 500 dropped 3 percent in January; it’s most exceedingly terrible month to month misfortune in a year.

The Dow Jones standard normal was level at 17,165 starting 1:24 p.m. Eastern time.

Technology stocks dropped comprehensively on Wall Street on Monday morning, with the part seeing a general decay of 0.4%.

Technology stocks were barely lower, with shares of innovation organizations in the S&p 500 withdrawing around 0.2%.

Notwithstanding being one of the top parts in the S&P 500 in 2014, technology generally has slipped out of the entryway not long from now. While that is awful for current investors, it does show a window of chance for financial specialists with new money to purchase numerous business sector pioneers now at more ideal estimating.

Applied Micro Circuits Corporation(NASDAQ:AMCC), AIXTRON SE (ADR)(NASDAQ:AIXG), Google Inc. (NASDAQ:GOOGL) , Sonus Networks, Inc. (NASDAQ:SONS), Bitauto Hldg Ltd (ADR)(NYSE:BITA), all were solid tech buys for 2015, however, in a part of the sector gaining strength in a slow-growth world.

The subtle elements and most recent news about these organizations are portrayed underneath:

Applied Micro Circuits Corporation(NASDAQ:AMCC) trades in a 52-week range of $4.71 to $11.97 with shares down -10.19% at $4.72 in pre-market trade.

The company stated its financial results for the third quarter of fiscal 2015, ended December 31, 2014. Combined net revenue of $36.7 million, GAAP net loss of $12.1 million or $0.15 per share, Non-GAAP net loss of $7.1 million or $0.09 per share.

Applied Micro Circuits Corporation provides connectivity and computing solutions in the United States and internationally.

Shares of AIXTRON SE (ADR)(NASDAQ:AIXG) dropped nearly -7.77% to $7.24 in Tuesday’s pre-market activity moving within a 52-week trading range of $7.11 - $17.84.

AIXTRON SE, together with its subsidiaries, provides deposition equipment to the semiconductor and compound-semiconductor industry.

Google Inc (NASDAQ:GOOGL) declined of -1.00% and its Net profit margin of this company was 20.20 % while its operating profit margin was 24.70%.

The organization declares changes to the S&P U.S. Indices methodology after reviewing feedback received from its recent client consultation: Effective with the September 2015 rebalance, S&P Dow Jones Indices will comprise all publicly listed multiple share class lines separately in its float market cap (FMC) weighted indices subject to liquidity and float criteria currently in place for each index.

Google Inc., a technology company, builds products and provides services to organize the information.

Shares of the Sonus Networks, Inc.(NASDAQ:SONS) were higher SMA 20 with -5.23% and below SMA 50 with -5.19%. The stock showed a negative movement of -6.47% to end at $17.84.

Sonus Networks, Inc. provides networked solutions for communications service providers and enterprises.

Bitauto Hldg Ltd (ADR)(NYSE:BITA) trades in a 52-week range of $27.87 to $98.28 with shares down -6.45% at $55.96 in pre-market trade.

Bitauto Holdings Limited provides Internet content and marketing services for the automotive industry primarily in the People’s Republic of China.

 




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