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Pre-Market Scans on Information Technology Stocks -- Research on ChannelAdvisor, Shutterstock, Youku, and Google - KOAM TV 7

Pre-Market Scans on Information Technology Stocks -- Research on ChannelAdvisor, Shutterstock, Youku, and Google

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SOURCE Investor-Edge

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LONDON, May 9, 2014 /PRNewswire/ --

On Thursday, May 08, 2014, the NASDAQ Composite ended at 4,051.50, down 0.40%, the Dow Jones Industrial Average finished the session at 16,550.97, up 0.20% and the S&P 500 closed at 1,875.63, down 0.14%. During the trading session, five out of ten sectors finished on a higher note. The S&P 500 Information Technology Sector Index ended the day at 590.83, up 0.06%, and the index has gained 0.53% in the previous one month. Investor-Edge has initiated coverage on the following equities: ChannelAdvisor Corporation (NYSE: ECOM), Shutterstock Inc. (NYSE: SSTK), Youku Inc. (NYSE: YOKU) and Google Inc. (NASDAQ: GOOGL). Free technical research on ECOM, SSTK, YOKU and GOOGL can be downloaded upon signing up at:

http://www.investor-edge.com/2349-register

Shares in ChannelAdvisor Corp. declined 1.18% on Thursday, closing the day at $21.74. The stock recorded a trading volume of 0.86 million shares, which was above its three months average volume of 0.77 million shares. The stock oscillated between $21.13 and $22.58 during the session. Over the previous three trading sessions and in the last one month, ChannelAdvisor Corp.'s shares have lost 23.75% and 31.72%, respectively. Also, the stock has declined 47.88% from the beginning of 2014. The company's shares are trading below their 50-day and 200-day moving averages. ChannelAdvisor Corp.'s 50-day moving average of $36.33 is above its 200-day moving average of $36.03. Further, the company's stock has a Relative Strength Index (RSI) of 29.55. Sign up today to read free research on ECOM at:

http://www.investor-edge.com/2349-ECOM-09May2014.pdf

On Thursday, shares in Shutterstock Inc. recorded a trading volume of 0.41 million shares, which was above its three months average volume of 0.36 million shares. The stock ended the day at $68.04, which was 0.37% lower than its previous day's closing of $68.29, and registered an intraday range of $66.40 and $70.67. Shares in Shutterstock Inc. have declined 6.54% in the previous three trading sessions, 4.37% in the last one month and 18.64% on YTD basis. The company's stock is trading below its 50-day and 200-day moving averages of $78.76 and $72.67, respectively. Furthermore, shares of the company traded at a PE ratio of 90.72 and have an RSI of 39.54. Sign up today to read free research on SSTK at:

http://www.investor-edge.com/2349-SSTK-09May2014.pdf

Shares in Youku Tudou Inc. fluctuated between $20.32 and $21.54 before ending the session 0.58% higher at $20.84. On Thursday, the company's stock reported a trading volume of 3.53 million shares, which was below its three months average volume of 4.49 million shares. Over the previous three trading sessions and in the last one month, shares in Youku Tudou Inc. have fallen by 6.34% and 16.64%, respectively. Additionally, the stock has declined 31.22% on YTD basis. The company's shares are trading below their 50-day and 200-day moving averages of $27.58 and $27.77, respectively. Moreover, the company's stock has an RSI of 27.56. Sign up today to read free research on YOKU at:

http://www.investor-edge.com/2349-YOKU-09May2014.pdf

Google Inc.'s stock finished Thursday's trading session 0.42% higher at $520.17. A total of 2.45 million shares were traded, above its three months average volume of 2.41 million shares. The stock moved between $514.46 and $527.35 during the session. Google Inc.'s stock has lost 2.83% in the previous three trading sessions, 6.70% in the last one month and 7.26% since the start of this year. The company's shares are trading below their 50-day moving average. Google Inc.'s 50-day moving average of $567.66 is above its 200-day moving average of $519.78. Additionally, the company's stock traded at a PE ratio of 27.82 and has an RSI of 35.89. Sign up today to read free research on GOOGL at:

http://www.investor-edge.com/2349-GOOGL-09May2014.pdf

EDITOR'S NOTES:

1. This is not company news. We are an independent source and our views do not reflect the companies mentioned.

2. Information in this release is produced on a best efforts basis by Rohit Tuli, a CFA charterholder. The content is then further fact checked and reviewed by an outsourced research provider. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.

3. This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.

4. If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco [at] http://www.investor-edge.com.

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6. Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research [at] http://www.investor-edge.com for consideration.

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