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PR Newswire
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Information Technology Stocks on the Move -- Research on Veeco Instruments, Axcelis Technologies, Nokia, and Stratasys

LONDON, July 9, 2014 /PRNewswire/ --

On Tuesday, July 08, 2014, the NASDAQ Composite ended at 4,391.46, down 1.35%, the Dow Jones Industrial Average fell 0.69%, to finish the day at 16,906.62, and the S&P 500 closed at 1,963.71, down 0.70%. The losses were broad based with nine out of ten sectors ending the session in negative. The S&P 500 Information Technology Sector Index ended the day at 636.23, down 0.99%, whereas the index has gained 8.26% in the previous three months. Investor-Edge has initiated coverage on the following equities: Veeco Instruments Inc. (NASDAQ: VECO), Axcelis Technologies Inc. (NASDAQ: ACLS), Nokia OYJ (NYSE: NOK) and Stratasys Ltd (NASDAQ: SSYS). Free technical research on VECO, ACLS, NOK and SSYS can be downloaded upon signing up at:

http://www.investor-edge.com/4657-register

Veeco Instruments Inc.'s stock finished the Tuesday's session 3.29 % lower at $35.00. A total of 1.07 million shares were traded, which was above its three months average volume of 0.55 million shares. The stock vacillated between $34.04 and $36.74 during the session. Over the previous three trading sessions, Veeco Instruments Inc.'s shares have lost 4.08%. However, the company shares have advanced 6.84 % in the last one month and 6.35 % since the beginning of 2014. The company's shares are trading above their 50-day moving averages. Moreover, the stock's 200-day moving average of $35.56 is greater than its 50-day moving average of $33.97. Veeco Instruments Inc.'s stock has a Relative Strength Index (RSI) of 58.25. Sign up today to read free research on VECO at:

http://www.investor-edge.com/4657-VECO-09Jul2014.pdf

On Tuesday, shares in Axcelis Technologies Inc. fluctuated between $1.70 and $1.89 before ending the session 10.71 % lower at $1.75. The stock reported a trading volume of 1.76 million shares, much above its three months average volume of 0.54 million shares. Axcelis Technologies Inc.'s shares have lost 13.79 % in the previous three trading sessions, 8.38 % in the last one month, and 28.28 % on YTD basis. The stock is trading below its 50-day and 200-day moving averages of $1.83 and $2.14, respectively. Moreover, shares of Axcelis Technologies Inc. have an RSI of 52.35. On July 7, 2014, Axcelis Technologies Inc. slashed its Q2 FY 2014 revenue guidance range from $55 million - $60 million to $40 million - $42 million. The Company expects second quarter EPS to be in the range of ($0.05) to ($0.07) for the quarter, down from the previous EPS guidance range of ($0.02) to $0.00. Sign up today to read free research on ACLS at:

http://www.investor-edge.com/4657-ACLS-09Jul2014.pdf

Nokia OYJ's stock lost 2.89%, to close the day at $7.40. The stock recorded a trading volume of 22.00 million shares, above its three months average volume of 17.84 million shares. The company shares oscillated between $7.30 and $7.46 during the session. Over the last three trading sessions and over the past one month, Nokia OYJ's shares have lost 2.76 % and 1.91 %, respectively. Further, the stock has fallen by 4.69 % since the start of this year. The stock is trading above its 200-day moving average of $7.20, while the 200-day moving average is below Nokia OYJ's 50-day moving average of $7.41. Additionally, the stock has an RSI of 50.59. Sign up today to read free research on NOK at:

http://www.investor-edge.com/4657-NOK-09Jul2014.pdf

On Tuesday, shares in Stratasys Ltd recorded a trading volume of 2.54 million shares, higher than its three months average volume of 1.30 million shares. The stock ended the day at $105.31, which was 7.28 % below its previous day's closing of $113.58, and registered an intraday range of $102.67 and $112.82. Although Stratasys Ltd's stock has lost 9.43 % in the previous three trading sessions and 21.82 % on YTD basis, it has gained 14.78 % in the last one month. The company's stock is trading above its 50-day moving average of $97.76, which is below its 200-day moving average of $110.69. Furthermore, shares of Stratasys Ltd have an RSI of 71.55. Sign up today to read free research on SSYS at:

http://www.investor-edge.com/4657-SSYS-09Jul2014.pdf


===============
EDITOR'S NOTES:
===============

1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.

4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.investor-edge.com.

5. For any urgent concerns or inquiries, please contact us at compliance [at] http://www.investor-edge.com.

6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.investor-edge.com for consideration.

COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Investor-Edge, represented by Rohit Tuli, CFA. An outsourced research services provider has only reviewed the information provided by Investor-Edge in this article or report according to the procedures outlined by Investor-Edge. Investor-Edge is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.

NOT FINANCIAL ADVICE
Investor-Edge makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.

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