Volatile Stocks: FireEye Inc (NASDAQ:FEYE), Sify Technologies Limited (ADR) (NASDAQ:SIFY), Westell Technologies Inc. (NASDAQ:WSTL), Overland Storage Inc (NASDAQ:OVRL)

Technology Stocks News 6

FireEye Inc (NASDAQ:FEYE), on May 20, 2014 released the report “Cybersecurity’s Maginot Line: A Real-world Assessment of the Defense-in-Depth Model.” A first-of-its-kind study, the report examines attack data captured by FireEye security appliances from 1,217 organizations around the world. These organizations were testing, but were not yet protected by, the FireEye platform from October 2013 to March 2014. FireEye Inc (NASDAQ:FEYE) stock performance was 4.80% in last session and finished the day at $30.32. Traded volume was 17,618,800 shares in the last session and the average volume of the stock remained 5.70 million shares. FireEye Inc (NASDAQ:FEYE) insider ownership is 7.00%.

Saravanan Jagannathan, Backup and Storage Administrator, Sify Technologies Limited (ADR) (NASDAQ:SIFY), said, “The new web-based console for NetVault Backup 10 will be big time saver for our administrators; you can monitor and access all the options from a single window. The graphs allow our administrators to immediately assess the health of the backup operations. They can see, in real time, what backup jobs are running, as well the relative amount of bandwidth they are using. This will allow us to increase the productivity of our IT staff.” Sify Technologies Limited (ADR) (NASDAQ:SIFY) dropped -4.50% to $1.91 yesterday on volume of 747,900 shares. The intra-day range of the stock was $1.90 – 2.12. Sify Technologies Limited (ADR) (NASDAQ:SIFY) has a market capitalization of $340.96 million.

Cellular Specialties, Inc. (CSI), a division of Westell Technologies Inc. (NASDAQ:WSTL), a global leader of intelligent site management, in-building wireless, cell site optimization, and outside plant solutions, announces the ClearLink Universal DAS Interface Tray (UDIT). The UDIT joins the ClearLink suite of distributed antenna system (DAS) and small cell products to provide a comprehensive in-building wireless solution. Westell Technologies Inc. (NASDAQ:WSTL)’s stock on May 20, 2014 reported a decrease of -4.93% to the closing price of $2.89. Its fifty two weeks range is $1.91 – 4.90. The total market capitalization recorded $ 171.56 million. The overall volume in the last trading session was 640,300 shares. In its share capital, Westell Technologies Inc. (NASDAQ:WSTL) has 59.38 million outstanding shares.

The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty to current shareholders of Overland Storage Inc (NASDAQ:OVRL) and other violations of state law by the board of directors of Overland Storage relating to the proposed buyout of the Company by Sphere 3D Corporation (“Sphere 3D”). On Tuesday, shares of Overland Storage Inc (NASDAQ:OVRL) dropped 6.38% to close the day at $3.67. Company return on investment (ROI) is -293.80% and its monthly performance is recorded as -8.71%. Overland Storage Inc (NASDAQ:OVRL) quarterly revenue growth is -25.86%.

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