NEW YORK, June 9, 2017 /PRNewswire/ --
Pre-market today, DailyStockTracker.com directs reader's
attention to the global Application Software space, which is a
consolidated industry consisting of ERP, CRM, SCM, and business
intelligence and analytics. Under evaluation this morning are:
Cadence Design Systems Inc. (NASDAQ: CDNS), Shopify Inc. (NYSE:
SHOP), Sphere 3D Corp. (NASDAQ: ANY), and Innoviva Inc. (NASDAQ:
INVA). Access DailyStockTracker.com's complimentary reports for
today's stocks line-up at:
http://dailystocktracker.com/register/
Cadence Design Systems
Shares in San Jose, California
headquartered Cadence Design Systems Inc. rose 0.25%, ending
Thursday's trading session at $35.44.
The stock recorded a trading volume of 1.08 million shares. The
Company's shares have gained 7.39% in the last one month, 13.48%
over the last three months, and 40.52% on an YTD basis. The stock
is trading 8.02% and 24.92% above its 50-day and 200-day moving
averages, respectively. Moreover, shares of Cadence Design Systems,
which provides electronic design automation software, emulation and
prototyping hardware, system interconnect, and analysis worldwide,
have a Relative Strength Index (RSI) of 72.63.
On June 06th, 2017, the
Company announced that it plans to demonstrate the latest
innovations and solutions in System Design Enablement in booth 107
at the Design Automation Conference from June 18th, 2017, to June 22nd, 2017, in Austin, Texas. System and semiconductor
developers will see firsthand how the Company addresses design
challenges in conjunction with partners and customers. Visit us
today and access your complete report on CDNS for free at:
http://dailystocktracker.com/registration/?symbol=CDNS
Shopify
Ottawa, Canada headquartered
Shopify Inc.'s stock climbed 1.91%, closing the day at $98.84 with a total trading volume of 1.40
million shares. The Company's shares have advanced 10.87% in the
past month, 58.42% in the previous three months, and 130.56% since
the start of this year. The stock is trading 20.87% and 75.77%
above its 50-day and 200-day moving averages, respectively.
Additionally, shares of Shopify, which provides a cloud-based
multi-channel commerce platform for small and medium-sized
businesses in Canada, the US, the
UK, Australia, and
internationally, have an RSI of 72.11.
On May 23rd, 2017,
research firm Credit Suisse resumed its 'Outperform' rating on the
Company's stock, with a target price of $95 per share.
On May 24th, 2017,
Shopify announced the launch of Shop Class, a dynamic and inspiring
hands-on workshop for future and existing entrepreneurs to provide
resources and expert advice to take the leap and bring their ideas
to life, in Canada. Running until
mid-September, Shop Class will be making eight stops across
Canada: Toronto, Montreal, Halifax, Whitehorse, Vancouver, Calgary, Winnipeg, and Ottawa. The multi-day workshop will feature
industry experts to help with everything an entrepreneur needs to
know to set up and grow his/her business. The complimentary
research report on SHOP can be accessed at:
http://dailystocktracker.com/registration/?symbol=SHOP
Sphere 3D
On Thursday, shares in Mississauga,
Canada headquartered Sphere 3D Corp. recorded a trading
volume of 2.33 million shares. The stock ended the day 3.38% lower
at $0.12. The Company's shares are
trading below their 50-day moving average by 32.68%. Furthermore,
shares of Sphere 3D, which provides virtualization technologies and
data management solutions in the Americas, Europe, Middle-East, Africa, and Asia/Pacific, have an RSI of 34.72.
On May 15th, 2017,
Sphere 3D announced that it has scheduled a special shareholder's
meeting on June 27th,
2017, at 9:00 am PT in San Jose, California. The Company also
announced that its board of directors has adopted a by-law relating
to the advance nomination of its directors as well as approved
certain amendments to the Company's existing by-law. Register
for free on DailyStockTracker.com and download the research report
on ANY at:
http://dailystocktracker.com/registration/?symbol=ANY
Innoviva
Brisbane, California
headquartered Innoviva Inc.'s stock rose 0.49%, finishing
yesterday's session at $12.38 with a
total trading volume of 395,695 shares. The Company's shares have
advanced 7.65% in the last one month and 15.70% on an YTD basis.
The stock is trading above its 200-day moving average by 7.85%.
Additionally, shares of Innoviva, which engages in the development
and commercialization of bio-pharmaceuticals, have an RSI of 49.49.
Get free access to your research report on INVA at:
http://dailystocktracker.com/registration/?symbol=INVA
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