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Stock Market & Financial Investment News

News Breaks
January 25, 2013
09:41 EDTQLGCQLogic gaps up following stronger earnings, bullish pattern now active
The company beat eparnings expectations by 2 cents when it reported results for its Q3 after the close yesterday. This morning the shares are up over 11%. This move higher has triggered a bullish flag pattern on the daily chart that has upside potential to the $13 area. That $13 level is where the stock began a rounding pattern decline back in September of last year. Support is at $12.34.
News For QLGC From The Last 14 Days
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January 28, 2016
19:09 EDTQLGCOn The Fly: After Hours Movers
UP AFTER EARNINGS: Gigamon (GIMO), up 15.2%... QLogic (QLGC), up 11%... Fortinet (FTNT), up 9.2%... ShoreTel (SHOR), up 5.7%... Skyworks (SWKS), up 3.6%... Flextronics (FLEX), up 4.6%... Microsoft (MSFT), up 3.6%... Proofpoint (PFPT), up 3.1%. ALSO HIGHER: Palo Alto Networks (PANW) is up 1.1% and FireEye (FEYE) is up 1.6% after Fortinet reported quarterly results. DOWN AFTER EARNINGS: Amazon.com (AMZN), down 13.2%... Synaptics (SYNA), down 3.8%... Electronic Arts (EA), down 8%... Quality Systems (QSII), down 9%... Visa (V), down 1.2%. ALSO LOWER: Facebook (FB) is down 1.2%, Netflix (NFLX) is down 2.7%, and Alphabet (GOOG, GOOGL) is down 1.5% and 1.7%, respectively, after Amazon reported quarterly results.
16:24 EDTQLGCQLogic sees Q4 EPS 23c-27c, consensus 22c
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16:22 EDTQLGCQLogic reports Q3 EPS 33c, consensus 26c
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