Shares of EMC Corporation (EMC) Sees Large Outflow of Money

EMC Corporation (EMC) : The total negative money flow of $3.77 million on Monday indicates selling on strength. The inflow of money on upticks was $2.58 million, compared to $6.35 million outflow on downticks, which confirms distribution in the stock. The up to down ratio was 0.41. The negative money flow of $3.03 million in block trades reveals that the informed traders sold the stock on every bit of price strength.The transaction value of block trade on downtick was $3.03 million. The price action in the EMC Corporation (EMC) stock suggests that both the bulls and the bears were in equilibrium. The stock traded at $28.51 with a gain of $0.03 , a change of 0.11% over the previous days close. The stock registered 0.28% for the week.


Shares of EMC Corporation rose by 0.07% in the last five trading days and 3.34% for the last 4 weeks. EMC Corporation is up 2.92% in the last 3-month period. Year-to-Date the stock performance stands at 11.82%.

EMC Corporation (NYSE:EMC): The stock opened at $28.45 on Monday but the bulls could not build on the opening and the stock topped out at $28.52 for the day. The stock traded down to $28.40 during the day, due to lack of any buying support eventually closed down at $28.47 with a loss of -0.04% for the day. The stock had closed at $28.48 on the previous day. The total traded volume was 7,289,261 shares.

In a related news, The Securities and Exchange Commission has divulged that Amit Yoran, officer (President, RSA) of Emc Corp, had unloaded 21,487 shares at an average price of $27.17 in a transaction dated on August 7, 2015. The total value of the transaction was worth $583,802.

EMC Corporation (EMC) is a service provider to information technology (IT) operations to an as a service model (ITaaS). It develops, delivers and supports the IT industrys 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 and Pivotal. EMC Information Infrastructure business consists of three divisons: Information Storage, Enterprise Content Division and RSA Information Security. EMC Information Infrastructure provides a foundation for organizations to store, manage, protect, analyze and secure quantities of information. VMware develops and markets its product and service offerings within three main product groups: Software-Defined Data Center, Cloud Services and End-User Computing. Pivotals three offerings include the Pivotal Big Data Suite, Pivotal Labs and Pivotal Cloud Foundry.

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