Favorable News Coverage Somewhat Unlikely to Affect Violin Memory (NYSE:VMEM) Stock Price
Headlines about Violin Memory (NYSE:VMEM) have trended positive on Friday, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Violin Memory earned a media sentiment score of 0.26 on Accern’s scale. Accern also assigned press coverage about the technology company an impact score of 45.6465364300409 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Shares of Violin Memory (NYSE VMEM) opened at 0.3591 on Friday. Violin Memory has a 12-month low of $0.04 and a 12-month high of $4.56. The stock’s 50 day moving average is $0.18 and its 200-day moving average is $1.52.
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Violin Memory Company Profile
Violin Memory, Inc offers a class of flash-based storage solutions to bring storage performance in line with high-speed applications, servers and networks. The Company’s Flash Storage Platform is designed at each level of the system architecture to leverage the inherent capabilities of flash memory and meet the requirements of business-critical applications, virtualized environments and Big Data in enterprise data centers.
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