Somewhat Favorable News Coverage Very Likely to Affect EMC (EMC) Stock Price
Media stories about EMC (NYSE:EMC) have trended somewhat positive recently, according to Alpha One. The research firm, a unit of Accern, ranks the sentiment of press coverage by reviewing more than 20 million news and blog sources in real time. Alpha One ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. EMC earned a media sentiment score of 0.01 on Alpha One’s scale. Alpha One also gave headlines about the information technology service provider an impact score of 88 out of 100, meaning that recent press coverage is very likely to have an effect on the stock’s share price in the near future.
These are some of the headlines that may have effected AlphaOne Sentiment Analysis’s scoring:
- Dell Takes Wraps Off Its Azure Stack Offering (rcpmag.com)
- Dell EMC “Bronze Sponsor” of @CloudExpo | @DellEMC #DigitalTransformation (cloudcomputing.sys-con.com)
- Dell EMC announces hybrid cloud platform for Microsoft’s Azure Stack (siliconangle.com)
- National LGBT Anti-Discrimination Bill Re-Introduced (boston.edgemedianetwork.com)
- REMC hosts member meeting in Carthage May 11 (courier-tribune.com)
Shares of EMC (NYSE:EMC) traded up 0.97% during mid-day trading on Thursday, hitting $29.05. 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.
WARNING: This piece of content was reported by American Banking News and is owned by of American Banking News. If you are reading this piece of content on another website, it was stolen and reposted in violation of United States and international copyright & trademark laws. The correct version of this piece of content can be read at https://www.americanbankingnews.com/2017/05/04/somewhat-favorable-news-coverage-very-likely-to-affect-emc-emc-stock-price.html.
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.
Receive News & Ratings for EMC Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EMC Co. and related companies with MarketBeat.com's FREE daily email newsletter.