Lead Laggards in the Nasdaq 100 Today: NIHD, SHLD, NWSA, AMAT, MAT, EXPE, NVDA, AKAM, BIDU, LRCX (Sep-8-2017)

NASDAQ Movers to the Downside Today

NII Holdings, Inc.
Traders are getting rid of their shares of NII Holdings, Inc. today. At the end of the day NIHD stock price dropped by $0.03 or -4.32%. It ended the day at a price of $0.57 with unusually low volume, only 37 percent of its usual volume. NIHD ended the session negatively in 4 of the last 10 trading days. Today’s decline is a pull back to the stock after yesterday’s gain. In the short term, the trend is bearish and the stock price could decrease from the current level in the short term. Traders should wait for further indicators to confirm this declining trend before taking a position here. NIHD is predicted to find support near $0.55 and resistance near $0.61. NII Holdings, Inc.’s PE ratio is 0.00 and has a market cap of 60.29M. Its 52 week high is $3.63 and 52 week low is $0.36.

Sears Holdings Corporation
Investors are getting rid of their shares of Sears Holdings Corporation today. At the end of the trading session SHLD shares dropped by $0.26 or -3.30%. It set the close at a price of $7.63 with average volume. On the positive side, traders are buying back shares in after hour trading. SHLD is up so far by $0.04 or 0.52% in the after market session. SHLD declined in 7 of the last 10 trading days. Today’s closing figure puts an end to the stock’s 2 days winning streak. In the short term, the trend is bearish and the stock price could accelerate lower from the current level in the near term. Traders are recommended to wait for further confirmations to this downtrend before stepping in at this level. SHLD is predicted to find support near $7.35 and resistance near $8.07. Sears Holdings Corporation’s PE ratio is 0.00 and has a market capitalization of 840.47M. Its 52 week high is $14.32 and 52 week low is $5.50.

News Corp
Traders are dumping shares of News Corp today. At the end of the day NWSA stock price plunged by $0.39 or -2.88%. It closed at $13.14 with above average volume, 1.31 times more than usual. NWSA closed negatively in 3 of the last 10 trading days. Today’s drop puts an end to the stock’s 2 days winning streak. The trend is bearish and the stock price could decrease from the current trading range in the near term. Traders should wait for further indicators to confirm this downward movement before buying on the dip here. NWSA should find technical support near $12.83 and resistance near $13.69. News Corp’s price to earning ratio is 0.00 and has a current market cap of 7.76B. Its 52 week high is $14.68 and 52 week low is $10.99. News Corp also has a dividend yield of 1.52% annually.

Applied Materials, Inc.
Traders are selling shares of Applied Materials, Inc. today. At the end of the trading session AMAT shares plummeted by $0.87 or -1.92%. It set the close at a price of $44.35 with below average volume. AMAT declined in 5 of the last 10 trading days. Today’s decline puts an end to the stock’s 2 days winning streak. In the short term, the trend for this stock is slightly bearish. However, major downward momentum in the medium term is unlikely until a breakout from the current trading range is spotted. AMAT is finding support near $43.9 and resistance near $45.03. Watch out for a trend reversal when the stock reaches these prices. Applied Materials, Inc.’s price to earning ratio is 15.76 and has a market capitalization of 47.56B. Its 52 week high is $47.86 and 52 week low is $27.56. Applied Materials, Inc. also has a dividend yield of 0.90% annually.

Mattel, Inc.
Traders are selling shares of Mattel, Inc. today. At market close MAT stock price plunged by $0.28 or -1.80%. It set the close at $15.28 per share with below average volume. MAT sets a new 52 week low in today’s trading session at $15.17, dips below its previous record low of $24.60 last seen on March 22nd, 2017. MAT closed lower in 4 of the last 10 trading days. Today’s closing figure adds to the stock’s 3 days losing streak. The trend is bearish and the stock price could have further downside from the current level in the near term. Investors are recommended to wait for further indicators to confirm this declining trend before taking a position at this level. MAT is finding support near $14.99 and resistance near $15.65. Mattel, Inc.’s PE ratio is 22.06 and has a current market cap of 5.07B. Its 52 week high is $33.23 and 52 week low is $15.17. Mattel, Inc. also has a dividend yield of 3.93% on an annual basis.

Expedia, Inc.
Traders are selling off shares of Expedia, Inc. today. At market close EXPE stock price dropped by $2.56 or -1.78%. It closed at a price of $141.41 with below average volume, only 62 percent of its usual volume. The negative environment continues into the after market session. During after hours, EXPE is down another $0.41 or -0.29%. EXPE closed lower in 7 of the last 10 trading days. The movement today adds to the stock’s 4 days losing streak. Short term technical indicators is bearish and the stock price could have further downside from the current trading range in the medium term. Traders should wait for further confirmations to this declining trend before placing a bet at this level. EXPE is predicted to find support near $138.98 and resistance near $145.88. Expedia, Inc.’s price to earning ratio is 66.95 and has a current market capitalization of 20.98B. Its 52 week high is $161.00 and 52 week low is $105.62. Expedia, Inc. also has a dividend yield of 0.85% annually.

NVIDIA Corporation
Traders are selling off shares of NVIDIA Corporation today. At the end of the trading session NVDA stock price plummeted by $2.89 or -1.73%. It ended the day at $163.69 with below average volume. The negative environment continues into the after market session. During after hours, NVDA is down another $0.19 or -0.12%. NVDA closed lower in 5 of the last 10 trading days. The decline today is a pull back after yesterday’s increase. Short term technical indicators is bearish and the stock price could decrease from the current trading range in the medium term. Traders are recommended to wait for further indicators to confirm this downward movement before buying on the dip here. NVDA should find technical support near $160.37 and resistance near $168.37. NVIDIA Corporation’s price to earning ratio is 46.87 and has a market cap of 98.15B. Its 52 week high is $174.56 and 52 week low is $57.31. NVIDIA Corporation also has a dividend yield of 0.34% annually.

Akamai Technologies, Inc.
Investors are dumping shares of Akamai Technologies, Inc. today. At the close of the market AKAM shares plunged by $0.8 or -1.71%. It set the close at a price of $46.00 with average volume. AKAM ended the session negatively in 5 of the last 10 trading days. Today’s decline extends the stock’s decline from yesterday. In the short term, the trend for this stock is slightly bearish. However, major decline in the medium term is unlikely until a breakout from the current trading range is spotted. AKAM is finding support near $45.64 and resistance near $46.65. Watch out for a pull back or buy back when the stock trades near these levels. Akamai Technologies, Inc.’s PE ratio is 26.28 and has a market cap of 8.01B. Its 52 week high is $71.64 and 52 week low is $44.65.

Baidu.com, Inc. (ADR)
Investors are selling shares of Baidu.com, Inc. (ADR) today. At the end of the day BIDU stock price plunged by $3.95 or -1.69%. It set the close at a price of $229.23 with below average volume, only 54 percent of its usual volume. BIDU hits a new 52 week high in today’s trading session at $235.00, beating its record high of $201.00 last seen on April 29th, 2016. On a positive note, traders are buying back shares in after hour trading. BIDU is up so far by $0.22 or 0.10% in the after market session. BIDU declined in 6 of the last 10 trading days. Today’s closing figure puts an end to the stock’s 2 days winning streak. In the short term, the trend is bullish and the stock price could accelerate higher from the current level in the medium term. Traders should wait for further confirmations to this upward movement before stepping in at this level. BIDU should find technical support near $224.72 and resistance near $237.26. Baidu.com, Inc. (ADR)’s PE ratio is 46.96 and has a market capitalization of 80.08B. Its 52 week high is $235.00 and 52 week low is $159.54.

Lam Research Corporation
Traders are getting rid of their shares of Lam Research Corporation today. At the end of the day LRCX shares dropped by $2.84 or -1.68%. It set the close at $165.75 with below average volume. On the positive side, traders are coming back to the stock in after hour trading. LRCX is up so far by $0.02 or 0.01% in the after market session. LRCX ended the session negatively in 3 of the last 10 trading days. Today’s movement puts an end to the stock’s 2 days winning streak. Technical indicators is bullish and the stock price could increase from the current trading range in the near term. Investors are recommended to wait for further indicators to confirm this upward movement before buying the stock here. LRCX is predicted to find support near $163.18 and resistance near $169.98. Lam Research Corporation’s price to earning ratio is 18.00 and has a current market capitalization of 27.08B. Its 52 week high is $170.00 and 52 week low is $89.80. Lam Research Corporation also has a dividend yield of 1.09% annually.

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