Yahoo Finance Today's Research Reports on Trending Tickers: Shopify and Tableau Software
NEW YORK, NY / ACCESSWIRE / December 7, 2018 / U.S. equities finished modestly lower on Thursday as trade concerns were reignited after the arrest of a Huawei senior executive. The Dow Jones Industrial Average fell 0.32 percent to close at 24,947.67, while the S&P 500 Index decreased 0.15 percent to close at 2,695.95. The Nasdaq Composite Index gained 0.42 percent to close at 7,188.26.
Head of Research at LCG, Jasper Lawler said, “The timing of the arrest is key here. Markets are already incredibly nervous over slowing economic growth thanks to the inverted U.S. yield curve. Relations between the U.S. and China were supposed to be on the mend after a productive G-20. However, the arrest has the potential to shatter very fragile U.S.-Sino relations which will weigh further on global trade and growth concerns.”
The Market Edge Initiates Coverage on:
Shopify Inc.
https://marketedgereport.com/report/SHOP/
Tableau Software, Inc.
https://marketedgereport.com/report/DATA/
Shopify's stock jumped 4.46% Thursday, to close the day at $156.90. The stock recorded a trading volume of 1,639,949 shares, which was below its three months average volume of 1,654,347 shares. In the last year, Shopify's shares have traded in a range of 96.11 - 176.60. The share price has gained 63.25% from its 52 week low. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $140.15 is below its 200-day moving average of $149.37. Shares of Shopify have gained roughly 11.33 percent in the past month and are up 55.35 percent year-to-date.
Access The Market Edge's Shopify Inc. Research Report:
https://marketedgereport.com/report/SHOP/
On Thursday, shares of Tableau Software recorded a trading volume of 1,164,355 shares, which was above the three months average volume of 1,014,228 shares. The stock ended the day 3.46% higher at $127.97. The share price has fallen 0.18% from its 52 week high with a 52 week trading range of 68.37 - 128.20. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $108.27 is above its 200-day moving average of $100.86. Shares of Tableau Software have gained roughly 21.84 percent in the past month and are up 84.93 percent year-to-date.
Access The Market Edge's Tableau Software, Inc. Research Report:
https://marketedgereport.com/report/DATA/
Our Actionable Research on Shopify Inc. (NYSE:SHOP) and Tableau Software, Inc. (NYSE:DATA) can be downloaded free of charge at The Market Edge.
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SOURCE: The Market Edge
