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Tech Sector Gainers News Summary: Juniper Networks, SolarCity, Yelp, Aruba …

Chief executive officer of Juniper Networks, Inc (NYSE:JNPR), Kevin Johnson, declared demand from its crucial telecom customer base looked superior than in previous years, sending shares of the company higher over 6% on Wednesday.

Juniper Networks, Inc. (NYSE:JNPR) last session’s volume of 16.78 million shares was higher than its average volume of 8.23 million shares. The stock, after opening at $17.34, hit a high price of $18.68 and then closed at $18.54 by scoring +6.61%.

SolarCity Corp (NASDAQ:SCTY) declared the launch of a Zero-Down solar financing plan for the home building industry. Home builders presently have the opportunity to offer solar in their new residential communities without incurring any upfront costs. Shares of the company hiked on Wednesday.

SolarCity Corp (NASDAQ:SCTY), on June 05 2013, increased +3.78%, to the closing price of $38.40. The overall volume in the last trading session was 2.57 million shares. Its fifty two weeks range was $9.20 – $52.77. The total market capitalization remained at $289.34 million.

The online recommendations purveyor, Yelp Inc (NYSE:YELP), stock moved up 74 cents, or 3.6 percent, to settle at $28.44, following a note from Wedge Partners’s Brian Blair, who said that the firm could benefit from Apple’s (AAPL) refresh of its own maps application.

Yelp Inc (NYSE:YELP) gained +2.69%, closing at $28.20, after hovering between $27.20 and $28.88. This stock is ahead of its 52-week low 94.08% and lagging behind its 52-week high price -14.23%. YELP’s last month’s stock price volatility remained 4.97%.

Network equipment maker, Aruba Networks, Inc. (NASDAQ:ARUN), earlier declared that Indiana University, a major, multi-campus public research institution, has increased its wireless LAN across its two core campuses in Bloomington and Indianapolis, plus all of its regional campuses, using Aruba’s wireless solutions. Aruba Networks also earlier estimated Q4 results well under analysts forecasts.

With a recent gain of +2.68%, to $14.54, the share price of Aruba Networks, Inc. (NASDAQ:ARUN) has moved down from its 20 days moving average -5.29% and negatively from its 50 days moving average -26.95%.

Micron Technology (NYSE:MU) stock rating was shattered by MKM Partners from a “buy” to a “neutral” rating in a research memo issued to investors on Friday, according to TheFlyOnTheWall.com. Analysts presently have a price target of $13.00, higher from their earlier price target of $11.00.

Micron Technology, Inc. (NASDAQ:MU) increased +2.65%, to the closing price of $12.02. The stock showed weekly upbeat performance of 1.61%, which was maintained for the month at 23.16%. Likewise, the positive performance for the quarter was recorded as 38.96% and for the year was 120.55%, while the YTD performance remained at 89.59%.

Riverbed Technology, Inc. (NASDAQ:RVBD) last session’s volume of 3.89 million shares was higher than its average volume of 3.43 million shares. The stock, after opening at $14.97, hit a high price of $15.43 and then closed at $15.38 by scoring +2.33%.

With a recent gain of +2.30%, to $43.18, the share price of Qihoo 360 Technology Co Ltd (NYSE:QIHU) has moved forward from its 20 days moving average 3.84% and positively from its 50 days moving average 21.62%.

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