Free Pre-Market Technical Recap on Workday and Three Additional Application Software Stocks

Stock Research Monitor: RUBI, TTD, and XNET

LONDON, UK / ACCESSWIRE / June 5, 2018 / If you want a free Stock Review on WDAY sign up now at www.wallstequities.com/registration. Research coverage has been initiated by WallStEquities.com on four Application Software stocks, namely: the Rubicon Project Inc. (NYSE: RUBI), The Trade Desk Inc. (NASDAQ: TTD), Workday Inc. (NASDAQ: WDAY), and Xunlei Ltd (NASDAQ: XNET). These companies are art of the technology sector, which has been one of the strongest performers this year, growing 4.3% compared to the S&P 500’s 1.7%, according to a Zacks report. All you have to do is sign up today for this free limited time offer by clicking the link below.

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Rubicon Project

Los Angeles, California headquartered the Rubicon Project Inc.’s shares saw a decline of 2.50%, finishing Monday’s trading session at $2.34. A total volume of 217,666 shares was traded. In the last month and the previous three months, the stock has advanced 1.30% and 36.84%, respectively. The Company’s shares are trading above their 50-day moving average by 8.27%. Moreover, shares of Rubicon Project, which provides technology solutions to automate the purchase and sale of digital advertising inventory for buyers and sellers in the US and internationally, have a Relative Strength Index (RSI) of 54.45. Get the full research report on RUBI for free by clicking below at:

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Trade Desk

On Monday, shares in Ventura, California headquartered The Trade Desk Inc. recorded a trading volume of 2.39 million shares, which was above their three months average volume of 1.22 million shares. The stock ended the session 3.97% lower at $83.20. The Company’s shares have surged 68.28% in the last month, 42.86% over the previous three months, and 46.07% over the past year. The stock is trading 37.54% above its 50-day moving average and 50.05% above its 200-day moving average. Furthermore, shares of Trade Desk, which provides a self-service omnichannel software platform that enables clients to purchase and manage data-driven digital advertising campaigns in the US and internationally, have an RSI of 72.12.

On May 30th, 2018, Trade Desk announced that Gokul Rajaram has joined its Board of Directors. Rajaram currently leads Caviar, Square’s food ordering service, and serves on its executive team.

On June 04th, 2018, research firm Wells Fargo downgraded the Company’s stock rating from ‘Outperform’ to ‘Market Perform’. To experience our free membership services anytime/ anywhere and access the free report on TTD, click to register at:

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Workday

Shares in Pleasanton, California headquartered Workday Inc. closed at $128.15, rising 1.47% from the last trading session. The stock recorded a trading volume of 3.01 million shares, which was above its three months average volume of 1.63 million shares. The Company’s shares have gained 22.74% over the past year. The stock is trading 10.26% above its 200-day moving average. Additionally, shares of Workday, which provides enterprise cloud applications for finance and human resources worldwide, have an RSI of 45.21.

On May 30th, 2018, Workday announced that Aneel Bhusri, co-founder and CEO, will keynote at the Bank of America Merrill Lynch 2018 Global Technology Conference on June 05th, 2018, at 11:00 a.m. ET in San Francisco. A live webcast of the event will be available on the Company’s Investor Relations website.

On June 01st, 2018, research firm Monness Crespi & Hardt reiterated its ‘Buy’ rating on the Company’s stock with an increase of the target price from $156 a share to $158 a share. Join our big investor community at Wall St. Equities today and get your free report on WDAY at:

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Xunlei

Shenzhen, China headquartered Xunlei Ltd’s stock ended 0.64% higher at $12.52 with a total trading volume of 524,873 shares. The Company’s shares have skyrocketed 247.78% over the past year. The stock is trading above its 50-day and 200-day moving averages by 3.23% and 9.59%, respectively. Furthermore, shares of Xunlei, which operates an Internet platform for digital media content in China, have an RSI of 56.27.

On May 17th, 2018, Xunlei announced that it has launched StellarCloud and ThunderChain Open Platform to build a blockchain ecosystem in a product introduction ceremony held on May 16th, 2018 in Beijing.The StellarCloud is a shared cloud computing platform, which will expand the Company’s existing Content Delivery Network services to Infrastructure as a Service. The ThunderChain is a high-performance blockchain infrastructure that can concurrently process over a million transactions per second. Know more about XNET in our free research coverage at:

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