New York (December 28th, 2012) - Frontier Communications Corporation (NASDAQ: FTR) shows neutral trend as the stock made a mild up movement today. It opened the session at $4.16 and remained in $4.09 and $4.23 price range during the session. The stock closed 0.48 percent higher at $4.19. Frontier Communications’ first support level is at $4.05. Upon breaching this level, the stock may go as low as $3.59. On the upside, its first resistance level is at $4.28.
Frontier Communications offers communications services and deals with business and individual customers. The company is based out of Connecticut. It provides various services such as switched access service and TDS data transport facility.
Find out what’s the next step investors should take with FTR by getting the free full report here: http://www.wallstreetscoop.net/market-scan/?symbol=FTRMarvell Technology Group (NASDAQ: MRVL) tumbled on the news of patent judgment against it. The stock opened at $7.17 and oscillated in the range of $6.98 and $7.27 in the current trading session. It closed at $7.14, down 3.51 percent from its previous close of $7.40. Marvell Technology shows bearish trend and the stock’s first resistance level is at $7.36. Upon breaching this level, the stock may touch $8.17.
Marvell Technology reported that it will seek voidance of unfavorable patent ruling. The company has been ordered to pay $1.17 billion for patent infringement. Marvell Technology stock has lost 13 percent value since the ruling.
Find out if MRVL could bounce back in the very short term by getting the free full report here: http://www.wallstreetscoop.net/market-scan/?symbol=MRVLAbout Us:
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