EMC Corporation (NYSE:EMC) Stock Touched The Intraday High Of $24.19

755

Dallas, Texas 11/19/2013 (Financialstrend) – In Monday’s trading session, EMC Corporation (NYSE:EMC) dropped by 0.33%. The shares opened at a price of $24.07, which touched the intraday high of $24.19 and headed to a close of $23.92. Around 18.51 million exchanged hands over the trading day and an average volume of 24.00 million shares were traded over a 30 day period. The 52-week low of EMC Corporation (NYSE:EMC) shares is $21.45 and its 52-week high is $27.34. The company has a market capitalization of $49.22 billion.                                        

About the company

EMC Corporation (NYSE:EMC) was incorporated on 23rd August 1979. The company along with its subsidiaries are engaged in the development, delivery and supporting the  Information Technology  industry’s variety of information-infrastructure & virtual-infrastructure technologies, solutions & services. EMC Corporation (NYSE:EMC) manages its business via 2 broad categories: the first is EMC Information Infrastructure and the other is VMware Virtual Infrastructure. The company’s EMC Information Infrastructure segment  provides a strong foundation for various organizations to store, manage & protect, analyze as well as secure the ever-increasing volumes of information, improve their business agility and also  lower the cost of ownership.

It also helps then  enhance all their competitive advantage within the traditional data centers, virtual-data centers as well as  cloud-based IT infrastructures. The company’s EMC Information Infrastructure segment  is made up of 3 business segments: first- Information Storage, second- Information Intelligence and third- RSA Information Security. In 2012 March 2012, EMC Corporation (NYSE:EMC) acquired Pivotal Labs. In 2012 May, it acquired XtremIO. The latter  is a flash-storage architecture company that is located in Herzliya, in Israel. In 2012 May 2012, EMC Corporation (NYSE:EMC) acquired Syncplicity. In 2012 May 2012, it acquired Watch4net. In 2013 July, EMC Corporation (NYSE:EMC) Company’s RSA security-division bought  Aveksa Inc.

EMC Corporation (NYSE:EMC)’s Information Infrastructure segment is responsible for providing a foundation for various organizations to manage, store, protect, analyze & secure ever-on the rise  quantities of information, improve their business agility, lower the cost of ownership.

Subscribe to get your free report!

* indicates required
*Past performance is not a predictor of future results. All investing involves risk of loss and individual investments may vary. The examples provided may not be representative of typical results. Your capital is at risk when you invest – you can lose some or all of your money. Never risk more than you can afford to lose.By submitting your information you agree to the terms of our Privacy Policy • Cancel Newsletter Any Time.This is a FREE service from Finacials Trend. Signing up for our FREE daily e-letter also entitles you to receive this report. We will NOT share your email address with anyone.