NEW YORK, March 9, 2017 /PRNewswire/ --
The Technology economic sector consists of companies engaged in manufacturing semiconductors, communications equipment,
computer hardware, and technology-related office equipment, as well as providers of consulting and IT services. Pre-market,
Stock-Callers.com scans the most recent performances of Micron Technology Inc. (NASDAQ: MU), Rambus Inc. (NASDAQ: RMBS), Veeco
Instruments Inc. (NASDAQ: VECO), and Photronics Inc. (NASDAQ: PLAB). Today's research reports on the aforementioned stocks are
downloadable for free upon registration at:
http://stock-callers.com/registration
Micron Technology
On Wednesday, shares in Boise, Idaho headquartered Micron Technology Inc. recorded a trading
volume of 24.91 million shares. The stock ended the session 1.01% lower at $25.38. The Company's
shares have gained 4.27% in the last one month, 36.38% over the previous three months, and 15.78% on an YTD basis. The stock is
trading 8.51% above its 50-day moving average and 42.83% above its 200-day moving average. Moreover, shares of Micron Technology,
which provides semiconductor systems worldwide, have a Relative Strength Index (RSI) of 64.46.
On February 27 th, 2017, Lexar, a global brand of Micron Consumer Products Group,
Inc. and a subsidiary of Micron Technology, announced the new 256GB capacity Lexar® Professional 1000x microSDXC™
UHS-II (U3) memory card. Designed for sports camcorders, tablets, and smartphones, the Professional 1000x microSDXC UHS-II card
has read transfer speeds up to 150MB per second and write speeds up to 90MB/s. The 256GB capacity card is also verified to be
compatible with GoPro® cameras.
On March 03 rd, 2017, research firm Cowen reiterated its 'Outperform' rating on the
Company's stock with an increase of the target price from $33 a share to $34 a share. Visit us today and access our complete research report on MU at:
http://stock-callers.com/registration/?symbol=MU
Rambus
Sunnyvale, California headquartered Rambus Inc.'s stock closed the day 0.31% higher at
$13.14. A total volume of 684,109 shares was traded, which was above their three months average
volume of 668,380 shares. The Company's shares have advanced 4.70% in the past month and 1.23% in the previous three months. The
stock is trading 1.49% above its 200-day moving average. Additionally, shares of Rambus, which manufactures and sells
semiconductor products in South Korea and internationally, have an RSI of 56.29.
On February 09 th, 2017, research firm JP Morgan upgraded the Company's stock rating
from 'Neutral' to 'Overweight'.
On March 06 th, 2017, Rambus announced it has signed a broad patent license agreement
with Western Digital Corporation, a global storage technology and solutions leader. The agreement covers the use of Rambus
patented memory technologies, including high-speed interfaces, memory architectures, resistive memory, and security technologies,
in Western Digital products through 2021. The agreement also includes an additional 5-year extension option. Specific terms of
the agreement were not disclosed. The complimentary report on RMBS can be downloaded at:
http://stock-callers.com/registration/?symbol=RMBS
Veeco Instruments
Shares in Plainview, New York headquartered Veeco Instruments Inc. recorded a trading volume
of 342,431 shares. The stock ended yesterday's trading session 0.70% lower at $28.30. The Company's
shares have advanced 8.43% in the past month and 4.43% over the previous three months. The stock is trading above its 50-day and
200-day moving averages by 2.62% and 26.23%, respectively. Furthermore, shares of Veeco Instruments, which together with its
subsidiaries, designs, develops, manufactures, markets, and supports thin film process equipment to make light emitting diodes,
micro-electromechanical systems, power electronics, wireless devices, hard disk drives, and semiconductor devices worldwide, have
an RSI of 55.90.
On February 10 th, 2017, research firm Bank of America/ Merrill upgraded the
Company's stock rating from 'Neutral' to 'Buy'.
On February 16 th, 2017, Veeco Instruments reported revenues of $93.6 million for Q4 2016. The Company posted GAAP net loss per share of $0.13
and non-GAAP earnings per share of $0.09 for Q4 2016. Veeco Instruments posted non-GAAP adjusted
EBITDA of $6.2 million for Q4 2016. Register for free on Stock-Callers.com and access the latest
research report on VECO at:
http://stock-callers.com/registration/?symbol=VECO
Photronics
Brookfield, Connecticut-based Photronics Inc.'s stock finished Wednesday's session 0.47%
higher at $10.80 with a total trading volume of 164,697 shares. The Company's shares have advanced
10.20% over the previous three months. The stock is trading above its 200-day moving average by 5.73%. Additionally, shares of
Photronics, which together with its subsidiaries, manufactures and sells photomasks in Taiwan,
Korea, the US, Europe, and internationally, have an RSI of 42.18.
On February 15 th, 2017, Photronics reported that Q1 FY17 sales were $109.8 million, up 2% sequentially on improved IC sales. Net income attributable to Photronics' shareholders
was $1.9 million ($0.03 per diluted share) for Q1 FY17. The Company's
net cash improved to $264 million, providing additional financial strength and flexibility to fund
growth. Get free access to your research report on PLAB at:
http://stock-callers.com/registration/?symbol=PLAB
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