Somewhat Positive Media Coverage Somewhat Unlikely to Impact EMC (EMC) Share Price
Headlines about EMC (NYSE:EMC) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. EMC earned a daily sentiment score of 0.20 on Accern’s scale. Accern also gave news headlines about the information technology service provider an impact score of 45.2105758359885 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the news headlines that may have impacted Accern’s analysis:
- Crews work to restore power outages due to Hurricane Nate (weartv.com)
- Jackson EMC Foundation awards $30K to agencies serving Hall County residents (accesswdun.com)
- Co-Parenting With Alexa (nytimes.com)
- 880 People Without Power in Baldwin County – WKRG (wkrg.com)
- Continuum’s new IT security tools tackle skills gap for MSPs – TechTarget (searchitchannel.techtarget.com)
Separately, Canaccord Genuity reissued a “buy” rating on shares of EMC in a research note on Wednesday.
EMC (EMC) traded up 0.97% on Friday, hitting $29.05. The stock had a trading volume of 102,673,327 shares. EMC has a one year low of $22.99 and a one year high of $29.13. The company’s 50-day moving average is $28.53 and its 200-day moving average is $27.32.
EMC Corporation (EMC) develops, delivers and supports the information technology (IT) industry’s range of information infrastructure and virtual infrastructure technologies, solutions and services. EMC manages the Company as part of a federation of businesses: EMC Information Infrastructure, VMware Virtual Infrastructure, Pivotal and Virtustream.
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