Wall Street Fundamentals Releases New In-Depth Stock Reports on P, RMBS, SIRI and ZNGA

U.S. markets declined for the third consecutive day Wednesday due to a falling dollar against the yen and growing concerns of future stimulus measures from the Federal Reserve. Market volatility in recent weeks can be attributed to comments made by Federal Reserve Chairman Ben Bernanke on May 22nd, stating that monetary stimulus could be scaled back if the labor market showed "real and sustainable progress." Tech stocks followed the broader markets lower Wednesday as the Nasdaq Composite Index dropped 36.52 points to close at 3,400.43. Here is how some companies in technology sector reacted Wednesday:

Pandora Media Inc. (NYSE: P) shares traded in the range of $15.02 to $15.95 Wednesday before settling to close at $15.10, a decrease of 1.63 percent. The stock appears to be facing some resistance at $15.88 with support at $15.00. The company has announced that it has purchased the radio station KXMZ-FM, allowing them to qualify for the same RMLC license as their competitors. Shares of Pandora Mediahave gained approximately 64.5 percent in 2013.

More information on Pandora Media and access to the free equity report can be found at:
www.WallStreetFundamentals.com/P

Rambus Inc. (NASDAQ: RMBS) shares traded in the range of $8.33 to $8.83 Wednesday before settling to close at $8.55, an increase of 6.48 percent. The stock appears to be facing some resistance at $9.73 with support at $8.10. The company and SK Hynix announced that they have signed a new five-year patent license agreement, settling all outstanding claims. Shares of Rambus have gained approximately 75.5 percent in 2013.

More information on Rambus and access to the free equity report can be found at:
www.WallStreetFundamentals.com/RMBS

Sirius XM Radio Inc. (NASDAQ: SIRI) shares traded in the range of $3.21 to $3.36 Wednesday before settling to close at $3.24, a decrease of 2.99 percent. The stock appears to be facing some resistance at $3.24 with support at $3.18. The company reported revenues for the first quarter of 2013 totaled $897 million, an increase of 12 percent when compared to the year ago quarter. Shares of Sirius XM Radio have gained approximately 12 percent in 2013.

More information on Sirius XM Radio and access to the free equity report can be found at:
www.WallStreetFundamentals.com/SIRI

Zynga Inc. (NASDAQ: ZNGA) shares traded in the range of $2.80 to $2.90 Wednesday before settling to close at $2.82, a decrease of 2.08 percent. The stock appears to be facing resistance at the $2.85 and $2.96 levels. The company recently announced plans to reduce its workforce by approximately 18 percent by August 2013. Shares of Zynga have gained approximately 19.5 percent in 2013.

More information on Zynga and access to the free equity report can be found at:
www.WallStreetFundamentals.com/ZNGA

Wall Street Fundamentals offers our members a full range of investor services including in-depth equity reports on your favorite companies and timely market updates featuring the hottest stocks trending in the marketplace.

Activate your always free membership by signing up at www.WallStreetFundamentals.com today.

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.

Contact:
Wall Street Fundamentals
Website: www.WallStreetFundamentals.com
Email: editor@wallstreetfundamentals.com