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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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November 24, 2014
08:36 EDTMLNXMellanox selected by Center for Biological and Sequence Analysis for InfiniBand
Mellanox announced the Center for Biological and Sequence Analysis at the Risø Campus of Denmark Technical University has selected Mellanox’s end-to-end FDR 56Gb/s InfiniBand solution for the center’s new supercomputer, making Denmark a global leader in bioinformatics.
November 17, 2014
07:56 EDTMLNXMellanox wins two of three DOE projects, says Jefferies
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07:52 EDTMLNXDepartment of Energy awards $425M for supercomputing technologies
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November 12, 2014
10:51 EDTMLNXMellanox to host business news update conference call
Conference call to be held November 12 at 11 am. Webcast Link
09:32 EDTMLNXMellanox 10-Q delay disappointing but seems immaterial, says Ladenburg
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09:26 EDTMLNXMellanox to delay 10-Q, cites accounting for contributions, purchase orders
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