Fusion-IO (FIO) Shares Turn Negative After Trading Up 9+% Earlier
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After trading up as much as 9.2 percent earlier (and throughout most of Wednesday's session), shares of Fusion-IO (NYSE: FIO) have now pared all gains. The stock last traded at $33.50, down about 1 percent from Tuesday's closing price.
We are not hearing any company-specific news which would be moving the stock, however it should be noted the price has now pushed below the 200-day smooth moving average.
We are not hearing any company-specific news which would be moving the stock, however it should be noted the price has now pushed below the 200-day smooth moving average.
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