New York, NY -- (SBWIRE) -- 01/29/2013 -- Growing Stock Report initiates a Technology Stock Decliners Watch List and adds the following stocks: Seagate Technology (NASDAQ:STX) and EMC Corporation (NYSE:EMC)
Seagate Technology (NASDAQ:STX) a company that designs, manufactures, markets, and sells hard disk drives for enterprise storage, client compute, and client non-compute market applications worldwide is currently down (-9.74%) after the disk drive company late Monday gave a revenue forecast for its current fiscal Q3 that fell short of Wall Street views, though its Q2 results beat estimates. Today's decline in the stock price has prompted Growing Stock Report to add Seagate Technology (NASDAQ:STX) to their Technology Stocks Decliner Watch List.
Click Here to find out what The Street and other Investors are saying about Seagate Technology.
EMC Corporation (NYSE:EMC) a company that develops, delivers, and supports the information and virtual infrastructure technologies and solutions is currently down (-4.56%) eventhough the company just reported better-than-expected fourth quarter 2012 results, with earnings of 46 cents per share beating the Zacks Consensus Estimate by 3 cents. Today's decline in the shares has prompted Growing Stock Report to add EMC Corporation (NYSE:EMC) to their Technology Stocks Decliner Watch List.
Click Here to find out what The Street and other Investors are saying about EMC Corporation.
EMC’s majority owned VMware, Inc. (NYSE:VMW) continued to impress with revenue growth of 22.0% on a year-over-year basis to reach $1.29 billion in the reported quarter but the stock is not reacting favorably and is curerntly down (-20.76%).
Click Here to find out what The Street and other Investors are saying about VMware, Inc.
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