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Actionable news in EXTR: Extreme Networks, Inc.,

Today's Research Reports on Trending Tickers: Extreme Networks Inc. and MGT Capital Investments Inc.

NEW YORK, NY / ACCESSWIRE / August 15, 2017 / U.S. markets rebounded sharply Monday as geopolitical tensions eased after Secretary of State Rex Tillerson and U.S. Secretary of Defense James Mattis commented that the U.S. would continue to seek diplomatic resolutions with North Korea. The Dow Jones Industrial Average gained 0.62 percent, while the S&P 500 spiked 1.00 percent to close at 2,465.84. The S&P 500’s gain on Monday was the best one day jump since April 24th when it gained 1.08 percent. The NASDAQ Composite Index increased 1.34 percent to close at 6,340.23. With Monday's rebound the S&P 500 and the Nasdaq are once again trading above their above their 50-day moving averages, according to MarketWatch.

"After some short-term knee-jerk reactions last week, the market is having that moment of clarity rally—earnings are marching forward, the economy is strengthening, [and] global economic conditions are gaining steam," said Karyn Cavanaugh, Senior Market Strategist at Voya Financial.

RDI Initiates Coverage on:

Extreme Networks Inc.'s stock jumped 8.00% Monday, to close the day at $9.32...


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