Press coverage about EMC (NYSE:EMC) has been trending positive on Saturday, according to Accern Sentiment Analysis. Accern identifies positive and negative press coverage by monitoring more than twenty million blog and news sources. 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 coverage optimism score of 0.25 on Accern’s scale. Accern also gave media coverage about the information technology service provider an impact score of 46.4564993376181 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the headlines that may have effected Accern Sentiment Analysis’s rankings:
- Software-defined data center (SDDC) market growing worth 83.21 billion USD by 2021 according to new research report (whatech.com)
- Global Software Defined Infrastructure Market to Grow at a CAGR of 24.6% during the Forecasts, 2016-2022 (medgadget.com)
- Local business notes: Railroad consolidation, 1930-style (sj-r.com)
- End to Health Care Subsidies Puts Congress in a Tight Spot (nytimes.com)
- Army postdoctoral association holds research day (army.mil)
Separately, Canaccord Genuity reiterated a “buy” rating on shares of EMC in a research note on Wednesday, October 4th.
Shares of EMC (EMC) remained flat at $29.05 during mid-day trading on Friday. The stock had a trading volume of 102,673,327 shares. The stock’s 50 day moving average is $28.52 and its 200 day moving average is $27.28. EMC has a 1-year low of $22.99 and a 1-year high of $29.13.
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EMC Company Profile
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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