Wall Street Fundamentals Releases New In-Depth Stock Reports on EBAY, GRPN, MSFT and TWTRadmin
U.S. markets fell for the third consecutive session in 2014 Monday due to weaker-than-expected data from the services sector. The Institute for Supply Management index fell to 53.0 percent for December, down from 53.9 percent in November, and short of economists’ expectations of 55.0 percent. The S&P 500 Index declined 0.25 percent, down 1.07 so far in 2014, while the Dow Jones declined 0.27, down 0.91 in 2014. “After the superb gains in 2013, a modest pullback in the S&P 500 is both warranted and understandable,” said Terry Sandven, senior equity strategist at U.S. Bank Wealth Management.
eBay Inc. (NASDAQ: EBAY) shares traded in the range of $51.21 to $52.46 Monday before settling to close at $51.78, a decrease of 2.78 percent. The stock appears to be facing some resistance at the $52.21 and $52.78 levels with some support at $51.25. Shares of eBay have fallen approximately 2.0 percent in the past year.
More information on eBay and access to the free equity report can be found at:
Groupon Inc. (NASDAQ: GRPN) shares traded in the range of $11.87 to $12.42 Monday before settling to close at $11.89, a decrease of 1.57 percent. The stock appears to be facing some resistance at the $12.26 and $12.64 levels with some support at $11.69. Shares of Groupon have gained approximately 125.0 percent in the past year.
More information on Groupon and access to the free equity report can be found at:
Microsoft Corporation (NASDAQ: MSFT) shares traded in the range of $36.11 to $36.89 Monday before settling to close at $36.13, a decrease of 2.11 percent. The stock appears to be facing some resistance at the $36.28 and $36.96 levels with some support at $35.86. Shares of Microsoft have gained approximately 35.0 percent in the past year.
More information on Microsoft and access to the free equity report can be found at:
Twitter Inc. (NYSE: TWTR) shares traded in the range of $63.50 to $66.87 Monday before settling to close at $3.93, a decrease of 3.93 percent. The stock appears to be facing some resistance at $72.95 with some support at the $65.68 and $58.37 levels. Shares of Twitter have gained approximately 45.0 percent since its IPO.
More information on Twitter and access to the free equity report can be found at:
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Disclaimer: Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor’s reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. Wall Street Fundamentals has no financial relationship with any company whose stock is mentioned in this release.
Posted: January 7th, 2014 under ACCESSWIRE.