Volatility Alert for Synchronoss Technologies (SNCR) 3Q 2011
November 1, 2011
Synchronoss Technologies (SNCR) is scheduled to report 3Q 2011 earnings after the close of trading on Tuesday, November 1. After slipping to as low as $23 earlier this month, Synchronoss shares are up more than 30%, having recaptured the 200-Day SMA near $30. The shift in momentum, is partially attributable to the early response to Apple’s (AAPL) iPhone 4S. Earlier this month, the company disclosed it was expanding its role in the activation process for the popular device, while providing services to Verizon (VZ), Sprint-Nextel (S), and AT&T (T)…
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