Yahoo Finance Today's Research Reports on Trending Tickers: Roku and GoPro
NEW YORK, NY / ACCESSWIRE / May 10, 2018 / U.S. markets spiked Wednesday as strong performances by the energy, financials and technology sectors lifted the major indexes higher. The Dow Jones Industrial Average jumped 0.75 percent to close at 24,542.54, while the S&P 500 Index spiked 0.97 percent to close at 2,697.79. The Nasdaq Composite Index rose 1.00 percent to close at 7,339.91. Energy stocks continued to rise a day after President Trump's decision to pull out of the nuclear deal with Iran and to continue with sanctions against the major oil producing nation.
"A lot of people had reduced their exposure to stocks ahead of Trump's announcement on Iran on Tuesday and when the markets did not sell off, traders went back in. What we are seeing today looks like a relief rally that took the S&P 500 to the high end of its recent range," said Ian Winer, head of the equities division at Wedbush Securities, according to MarketWatch.
RDI Initiates Coverage on:
Roku, Inc.
https://rdinvesting.com/news/?ticker=ROKU
GoPro, Inc.
https://rdinvesting.com/news/?ticker=GPRO
Roku's stock jumped 8.94% Wednesday, to close the day at $36.08. The stock recorded a trading volume of 17,111,730 shares, which was above its three months average volume of 4,327,854 shares. In the last year, Roku's shares have traded in a range of 15.75 - 58.80. The share price has gained 129.08% from its 52 week low. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $32.56 is below its 200-day moving average of $38.36. Shares of Roku have gained roughly 10.64 percent in the past month and are down 30.32 percent year-to-date.
Access RDI's Roku, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=ROKU
On Wednesday, shares of GoPro recorded a trading volume of 3,769,318 shares, which was above the three months average volume of 3,351,254 shares. The stock ended the day 0.35% higher at $5.70. The share price has fallen 52.06% from its 52 week high with a 52 week trading range of 4.42 - 11.89. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $4.96 is below its 200-day moving average of $6.59. Shares of GoPro have gained roughly 21.02 percent in the past month and are down 24.7 percent year-to-date.
Access RDI's GoPro, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=GPRO
Our Actionable Research on Roku, Inc. (NASDAQ :ROKU) and GoPro, Inc. (NASDAQ :GPRO) can be downloaded free of charge at Research Driven Investing.
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