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Stock Market & Financial Investment News

News Breaks
January 3, 2013
09:55 EDTMLNXMellanox gaps down after reducing guidance, levels to watch
The stock is down over 18.4% at time of writing after the company cut guidance for Q4 last night after market close. At least three firms cut price targets this morning in response, with new targets ranging from $56 to $75. At the current price of $50.20, next support is at $46.18. There was a bullish gap between the $40s and $50s, so there is little established support below current levels. Resistance is at $51.14, the high of the session.
News For MLNX From The Last 14 Days
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May 19, 2015
08:37 EDTMLNXMellanox announces collaboration agreement with Super Micro Computer
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May 18, 2015
14:18 EDTMLNXMellanox says HPC is less than 50% of revenue
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07:27 EDTMLNXJPMorgan to hold a conference
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