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Today’s Research Reports on Trending Tickers: Extreme Networks and Twilio

NEW YORK, NY / ACCESSWIRE / May 9, 2018 / U.S. markets posted minor changes Tuesday after President Trump announced the U.S. withdrawal from the Iran nuclear deal. The Dow Jones Industrial Average gained 0.01 percent to close at 24,360.21, while the S&P 500 Index declined 0.03 percent to close at 2,671.92. The Nasdaq Composite Index rose 0.02 percent to close at 7,266.90.

“The reason the market is not dramatically selling off is he didn’t close the door to further negotiations, but he also made it clear it would be on [Trump’s] terms,” said Quincy Krosby, chief market strategist at Prudential Financial, according to MarketWatch.

“How far does the U.S. go with the secondary sanctions, that’s the main issue for the market. You have to look at whether the market will punish the European companies who do business with Iran,” said Krosby.

RDI Initiates Coverage on:

Extreme Networks, Inc.
https://rdinvesting.com/news/?ticker=EXTR

Twilio Inc.
https://rdinvesting.com/news/?ticker=TWLO

Extreme Networks’ stock jumped 3.16% Tuesday, to close the day at $11.75. The stock recorded a trading volume of 1,808,612 shares, which was above its three months average volume of 1,697,408 shares. In the last year, Extreme Networks’ shares have traded in a range of 8.40 – 15.55. The share price has gained 39.88% from its 52 week low. The company’s shares are currently trading below their 200-day moving average. The stock’s 50-day moving average of $11.06 is below its 200-day moving average of $12.18. Shares of Extreme Networks have gained roughly 11.69 percent in the past month and are down 6.15 percent year-to-date.

Access RDI’s Extreme Networks, Inc. Research Report at:
https://rdinvesting.com/news/?ticker=EXTR

On Tuesday, shares of Twilio recorded a trading volume of 3,159,057 shares, which was above the three months average volume of 2,383,762 shares. The stock ended the day 0.59% higher at $44.35. The share price has fallen 0.87% from its 52 week high with a 52 week trading range of 22.90 – 44.74. The company’s shares are currently trading above their 200-day moving average. The stock’s 50-day moving average of $40.51 is above its 200-day moving average of $31.75. Shares of Twilio have gained roughly 19.74 percent in the past month and are up 87.92 percent year-to-date.

Access RDI’s Twilio Inc. Research Report at:
https://rdinvesting.com/news/?ticker=TWLO

Our Actionable Research on Extreme Networks, Inc. (NASDAQ :EXTR) and Twilio Inc. (NYSE : TWLO ) can be downloaded free of charge at Research Driven Investing.

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Disclaimer: This article is written by an independent contributor of RDInvesting.com and Nadia Noorani, a CFA® charter holder, has provided necessary guidance in preparing the document templates. RDInvesting.com is neither a registered broker dealer nor a registered investment advisor. For more information please read our full disclaimer at www.rdinvesting.com/disclaimer.

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SOURCE: RDInvesting.com

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