Active Stocks As Market Finishes Mostly Lower: INTC, MSFT, AAPL, RIMM, ZNGA, BRCM

The market could not extend its winning streak to 6 with the Dow dropping into negative territory. Most portfolio managers concede that it is normal for stocks to take a breather after a strong start in early January. Continued uncertainty over Greece has reached a point where bad news is hardly a blip on investors’ radar. Most of Greek’s woes have been priced in and the consensus is that eventually Greece will be forced into some type of default.

Intel Corporation (NASDAQ:INTC) is up 0.45% near the close at $26.83. INTC has traded 50.1 million shares so far today and trades 53.9 million shares a day on average. INTC shares have jumped more than $1.50 a share over the past week. INTC has been rallying the past few days after reporting better than expected earnings last Thursday. The company has a market cap of 136.10 billion.

Microsoft Corporation (NASDAQ:MSFT) is down 1.40% today at $29.32. MSFT is trading weaker than usual volume with only 46.4 million shares traded. The stock typically trades 55.7 million shares. MSFT shares are seeing a slightly pull back today have, but its trending upward overall. There are recent reports that Microsoft may be getting rid of their Xbox Live currency system. The company has a market cap of 246.35 billion.

Apple Inc. (NASDAQ:AAPL) is down 1.43% today at $421.18. All eyes are on Apple after the market close when they announce their earnings. Analysts are expecting revenue of $38.76 billion with an EPS of $10.07. AAPL has traded 12.7 million shares today, slightly higher than its daily average of 12.5 million shares. The company has a market cap of 391.80 billion.

Research In Motion Limited (NASDAQ:RIMM) is down 3.47% in late afternoon trading at $15.01. RIMM shares continue to fall after the company’s co CEOs stepped down and a new CEO was appointed. RIMM has traded 35.7 million shares today, 12 million shares more than its daily average. The company has a market cap of 7.75 billion.

Zynga Inc. (NASDAQ:ZNGA) is up 6.47% today at $9.71. ZNGA has traded 11.5 million shares today, up from its daily average of 10.2 million shares. ZNGA shares have been trending higher the past few days after reports the company is considering internet gambling. The company has a market cap of 6.81 billion.

Broadcom Corporation (NASDAQ:BRCM) is up 2.22% today at $35.23. BRCM has traded slightly above volume today with 10.4 million shares traded. BRCM shares are up more than $5 a share on the year. The company has a market cap of 18.94 billion.

written by

Kyle Pinder has has over five years trading and research experience in the large cap space. While still in grad school, Kyle trades daily and keep Active Investor up to date with the latest breaking news coming out of Wall Street and Washington.
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