Pompano Beach, FL -- (SBWIRE) -- 01/18/2013 -- No Limit Stocks - NOLIMITSTOCKS.com covers all the latest on up and coming stocks in the market. No limit Stocks team contain experts that study and analyzes the stock market and help individuals break through the limits and make them better & more successful investors.
Sharp Corporation, a supplier of screens for Apple’s iPad tablet, has decelerated production of the 9.7 inch panes utilized for the full-sized iPads, in relation to a report by Reuters.
What AAPL’s Charts Are Signaling for Traders? Find Out Here
The news firm quotes industry sources familiar with Sharp’s production plans, who informed it that Sharp’s iPad screen production line at its Kameyama facility in central Japan has dropped to the nominal level to keep the line operational this month following a steady slowdown originated at the close of 2012 as Apple manages its inventory.
A Sharp spokesperson refused to comment on the news, telling Reuters that they do not unveil production levels. Apple similarly refused to give remarks.
At the current trading session, Apple Inc. (NASDAQ:AAPL) shares are down -0.34% to $500.98 while the stocks are trading within the range of $496.40 – $502.22. In the past year, the stock has traded within a range of $419.55 – $705.07. Average daily trading volume is 21.17 million shares.
Why Should Investors Buy AAPL After the Recent Fall? Just Go Here and Find Out
If we look at a few other stocks at the tech sector, NetApp Inc., Linear Technology Corporation and Marvell Technology Group Ltd. are in the decliners list. Let’s have a quick look on their Market performance.
NetApp Inc. (NASDAQ:NTAP) shares are down -1.14% to $34.08 while the stock is trading within the range of $34.00– $34.46 in the current trading session. In the last 12 months the shares have traded between $26.26 and $46.80. The average daily trading volume is 5.14 million shares.
Will NTAP Get Buyers Even After The Recent Rally? Find Out Here
Linear Technology Corporation (NASDAQ:LLTC) shares in the current session moved down -0.91% reaching $36.05. The stocks are trading in a range of $35.88 – $36.17. In the last year the stock has moved within a range of $28.28 – $36.46. The Company’s average daily trading volume is 2.40 million shares.
Has LLTC Found The Bottom and Ready To Move Up? Find Out Here
Another rival company, Marvell Technology Group Ltd. (NASDAQ:MRVL), is trading down -0.46% to $8.65. Intraday trading recorded the stock price in a range of $8.50 to $8.69. In the previous 52 weeks the stock’s price ranged between $6.98 and $16.86. Their average daily trading volume is 13.97 million shares.
Why Should Investors Buy MRVL After the Recent Fall? Just Go Here and Find Out
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