This morning has been good for the market, with the Nasdaq moving up 1.1%, the S&P 500 up 0.8% and the Dow increasing 0.6%. The recent surge in popularity of technological stocks has launched the Nasdaq Composite Index into the spotlight, making it one of the premier indexes in the world.
The biggest movers traded on the NASDAQ so far are:
|Company||Market Cap||Percentage Change|
|Smith (Nasdaq:SWHC)||$573.4 million||-10.2%|
|Stratasys (Nasdaq:SSYS)||$1.55 billion||+4.5%|
|Geospace (Nasdaq:GEOS)||$1.02 billion||+4%|
|Air (Nasdaq:AIRM)||$1.44 billion||-3.9%|
|F5 Networks (Nasdaq:FFIV)||$7.32 billion||+3.8%|
|Silgan Holdings (Nasdaq:SLGN)||$3.08 billion||-3.8%|
|Fossil (Nasdaq:FOSL)||$5.47 billion||+3.4%|
Forex Broker Summary: Forex Capital Markets (FXCM)
After a precipitous drop of 10.2%, Smith (Nasdaq:SWHC) is now trading at a share price of $7.77. This morning, the company is trading a volume of 10.9 million shares.
Increasing 4.5%, Stratasys (Nasdaq:SSYS) is trading at $74.18 per share. So far today, 224,344 shares have changed hands, consistent with the volume from yesterday while it was 513,872 shares yesterday.
Geospace (Nasdaq:GEOS) has risen 4% to hit a current price of $83 per share. This morning, the company is trading a volume of 53,149 shares. This is 0.3 times its average volume over the past three months.
Air (Nasdaq:AIRM) is down 3.9% to reach $107.03 per share. The company's volume is currently 38,390 shares for the day, 0.1 times the average daily volume.
F5 Networks (Nasdaq:FFIV) is currently trading at $96.14 per share, a 3.8% increase. So far today, the company's volume is 641,319 shares.
At $42.86, Silgan Holdings (Nasdaq:SLGN) has slipped 3.8%. So far today, the company's volume is 434,106 shares, which is more trading activity than there was yesterday.
Fossil (Nasdaq:FOSL) has risen 3.4% and is currently trading at $94.23 per share. The company's volume for the day so far is 273,363 shares. This is in keeping with the average volume over the past three months.
The Bottom Line The nature of the market is such that stocks will have good days and bad days. It is important to weigh current activity against historical performance when making any investment decisions. Keep in mind that all these ratios should be compared against historical numbers and industry information in order to get a more complete picture.