Sequenom Inc (NASDAQ:SQNM) trades flat, Cypress Semiconductor Corporation (NASDAQ:CY)

Posted by Samantha Donahue May 6, 2013 0 Comment 2080 views


Northern, WI 05/06/2013 (GDPInsider) – Sequenom Inc (NASDAQ:SQNM): Shares of Sequenom, Inc (NASDAQ:SQNM) have risen by 0.28% and are currently trading at $3.54. The shares had an opening price of $3.52 and have touched an intraday high of $3.58 before dropping to $3.50 per share. Currently over 0.1M shares have been traded which is lower than the average volume of 2.20M that was measured over the last 30 days.  Sequenom, Inc (NASDAQ:SQNM) is a life-sciences company that provides innovative genetic analysis and diagnostic testing solutions. It will be reporting its 2013 first-quarter financial results after the close of the trading day on 9 May.

The company which is headquartered in San Diego, California is focused on the improvement of healthcare by providing revolutionary solutions in the field. The products, technology and the diagnostic tests that it develops, serves clinical research, discovery as well as molecular diagnostics markets. It pursues the commercialization of different molecular diagnostic tests that are largely non-invasive ones.

Is SQNM a solid investment at these levels? Get valuable updates and exclusive insights here.

Cypress Semiconductor Corporation (NASDAQ:CY): Shares of Cypress Semiconductor Corporation (NASDAQ:CY) have risen by 2.86% and are currently trading at $10.44. The shares had an opening price of $10.13 and have touched and intraday high of $10.45 before dropping to $10.11 per share. Currently over 0.449M shares have been traded which is lower than the average volume of 3.35M that was measured over a period of 30 days.

Cypress Semiconductor Corporation offers high-performance mixed-signal and programmable solutions. It operates in four different segments- Consumer and Computation Division, Emerging Technologies and other, Data Communications Division and Memory Products Division. Cypress’ Programmable System-on-Chip derivative and families, also called PSoC is the company’s flagship offering. Its CapSense and TrueTouch solutions are used in numerous touchscreen devices. In addition to this, the company is involved in Universal Serial Bus USB controllers which also include the West Bridge solution. This is effective in enhancing the connectivity and performance of different multimedia handsets.

The company also operates in the Static Random Access Memories or SRAM’s segment and in the programmable timing devices one. It serves different market segments such as consumer, mobile handsets, data communications, automotive, military and industrial.

How Should Investors Trade CY Now? Get the latest trends and data here.

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About Samantha Donahue

Samantha Donahue is a digital fellow with GDP insider. Samantha earned a Bachelor's degree in Government from Cornell University and later his Master's degree in Journalism from Columbia University. She has also received numerous awards from the Associated Press, Society of Professional Journalists, and other media organizations for many of her exclusive stories. Samantha thrives reporting on breaking news and as a general assignments news reporter.

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