NEW YORK, December 15, 2016 /PRNewswire/ --

On Wednesday, US markets slumped in bearish territories as all sectors finished the trading session in red as did the major US indices with the NASDAQ Composite ending the day down 0.50%, the Dow Jones Industrial Average edging 0.60% lower, and the S&P 500 closing down 0.81%. In light of the negative market sentiment, Stock-Callers.com looks at the performance of these Application Software stocks pre-market today: Fortinet Inc. (NASDAQ: FTNT), Allscripts Healthcare Solutions Inc. (NASDAQ: MDRX), Cadence Design Systems Inc. (NASDAQ: CDNS), and TubeMogul Inc. (NASDAQ: TUBE). Download the free research reports on these stocks today:

http://stock-callers.com/registration

Fortinet  

Sunnyvale, California headquartered Fortinet Inc.'s stock finished Wednesday's session 2.72% lower at $29.72 with a total volume of 2.57 million shares traded. Shares of the Company, which provides cyber security solutions for enterprises, service providers, and government organizations worldwide, are trading below its 50-day and 200-day moving averages by 5.62% and 8.84%, respectively. Fortinet's stock traded at a PE ratio of 1,188.80 and has a Relative Strength Index (RSI) of 43.36.

On November 15th, 2016, research firm Morgan Stanley upgraded the Company's stock rating from 'Equal-Weight' to 'Overweight'. See our free and comprehensive research report on FTNT at:

http://stock-callers.com/registration/?symbol=FTNT Allscripts Healthcare Solutions  

On Wednesday, shares in Chicago, Illinois headquartered Allscripts Healthcare Solutions Inc. ended the session 0.48% higher at $10.55 with a total volume of 2.46 million shares traded. Allscripts Healthcare Solutions' shares have advanced 0.96% in the past one month. The stock is trading 8.99% below its 50-day moving average and 17.72% below its 200-day moving average. Moreover, shares of the Company, which provides information technology and services to healthcare organizations in the US, Canada, and internationally, have an RSI of 39.16.

On December 13th, 2016, research firm Morgan Stanley downgraded the Company's stock rating from 'Equal-Weight' to 'Underweight'. MDRX free research report PDF is just a click away at:

http://stock-callers.com/registration/?symbol=MDRX

Cadence Design Systems  

On Wednesday, shares in San Jose, California headquartered Cadence Design Systems Inc. recorded a trading volume of 1.47 million shares. The stock ended the day 0.66% lower at $25.66. Shares of the Company, which develops, sells, leases, and licenses electronic design automation software, emulation and prototyping hardware, verification intellectual property, and design intellectual property for semiconductor and electronics systems industries worldwide, are trading at a PE ratio of 31.33. Cadence Design Systems' stock has advanced 0.59% in the last one month and 3.34% in the previous three months. Furthermore, the stock has gained 18.74% in the past one year. The Company is trading above its 200-day moving average by 4.22%. Furthermore, Cadence Design Systems' shares have an RSI of 45.89.

On December 12th, 2016, research firm JP Morgan downgraded the Company's stock rating from 'Neutral' to 'Underweight'. Sign up for your complimentary report on CDNS at:

http://stock-callers.com/registration/?symbol=CDNS TubeMogul  

Emeryville, California headquartered TubeMogul Inc.'s stock edged 0.14% higher, to close the day at $14.02. The stock recorded a trading volume of 352,366 shares. TubeMogul's shares have gained 0.29% in the last one month, 52.23% in the previous three months, and 11.01% in the past one year. Shares of the Company, which designs, develops, and markets software for digital branding, are trading 29.84% and 23.74% above its 50-day and 200-day moving averages, respectively. Additionally, the stock has an RSI of 75.56. Register for free on Stock-Callers.com and download the latest research report on TUBE at:

http://stock-callers.com/registration/?symbol=TUBE

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