user warning: Table './fnndrupaldev/term_node' is marked as crashed and last (automatic?) repair failed query: SELECT t.* FROM term_node r INNER JOIN term_data t ON r.tid = t.tid INNER JOIN vocabulary v ON t.vid = v.vid WHERE r.vid = 439136 ORDER BY v.weight, t.weight, t.name in /var/www/www.fnno.com/htdocs/modules/taxonomy/taxonomy.module on line 617.

Shares of SYNNEX Under Pressure, Down 99.3%

Published on Fri, 02/08/2013 - 13:13
By Adrienne Chilton

One of today's stocks on the move is SYNNEX (NYSE:SNX), down 99.3% to $37.45. The S&P is currently trading 0.5% higher to 1,516 and the Dow Jones Industrial Average is trading 0.3% higher to 13,990.

SYNNEX Corporation provides information technology supply chain services. The Company offers services to original equipment manufacturers and software publishers worldwide. SYNNEX offers product distribution, related logistics services, and contract assembly.

There is potential upside of 5.3% for shares of SYNNEX based on a current price of $37.45 and an average consensus analyst price target of $39.43. The stock should discover initial support at its 50-day moving average (MA) of $34.74 and subsequent support at its 200-day MA of $34.06.

Over the past year, SYNNEX has traded in a range of $30.70 to $44.25 and is now at $37.45, 22% above that low. The 200-day and 50-day moving averages have moved 0.05% lower and 1.00% higher over the past week, respectively.

By Adrienne Chilton
achilton@fnno.com

Latest News from FNNO

Recent 52-Week High Exceeded in Shares o...

Shares of Xerox (NYSE:XRX) traded at a new 52-week high today of $13.88. This new high ...

Web.com Group Inc: New 52-Week Low Set T...

Shares of Web.com Group Inc (NASDAQ:WWWW) traded at a new 52-week low today of $18.80. ...

Shares of Washington Real Estate Investm...

Washington Real Estate Investment Trust (NYSE:WRE) traded at a new 52-week high today o ...

Watch for Continued Gains in Shares of W...

Shares of WPX Energy (NYSE:WPX) traded today at $26.76, breaking its 52-week high. Thi ...

VCA Antech: 52-Week High Recently Eclips...

VCA Antech (NASDAQ:WOOF) traded today at a new 52-week high of $41.12. This new high w ...

WellPoint Looks to Continue to Trade Abo...

WellPoint (NYSE:WLP) traded at a new 52-week high today of $117.32. Approximately 862, ...

Whiting Petroleum: 52-Week High Recently...

Shares of Whiting Petroleum (NYSE:WLL) traded today at $92.92, breaking its 52-week hig ...

Shares of Vector Group Rise Above Previo...

Vector Group (NYSE:VGR) traded today at a new 52-week high of $23.76. So far today app ...