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Tickers in this Article: ALGN, MLNX, UFPI, SCSS, NTCT, LRCX, PACW
Currently, the Nasdaq has slipped 0.3%, the S&P 500 has moved little and the Dow has increased 0.1%. Most stocks on the Nasdaq Composite Index are technology and Internet-related, but there are financial, consumer, bio-tech and industrial companies as well.

The biggest movers traded on the NASDAQ so far are:
CompanyMarket CapPercentage Change
Align Technology (Nasdaq:ALGN)$2.88 billion-24.8%
Mellanox (Nasdaq:MLNX)$3.9 billion-20.4%
Universal Forest Products (Nasdaq:UFPI)$833.8 million-11.2%
Select (Nasdaq:SCSS)$1.84 billion-9.2%
NetScout Systems (Nasdaq:NTCT)$985.2 million+7.6%
Lam (Nasdaq:LRCX)$5.95 billion+7.1%
PacWest (Nasdaq:PACW)$779.7 million+5.1%
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Taking a 24.8% hit, Align Technology (Nasdaq:ALGN) is currently trading at $26.62 per share. At 12.5 million shares, the company's volume so far today is 11.4 times the current three-month average.

Mellanox (Nasdaq:MLNX) is at a share price of $78.08 after a sharp decline of 20.4%. So far today, the company's volume is 4.6 million shares.

After a precipitous drop of 11.2%, Universal Forest Products (Nasdaq:UFPI) is now trading at a share price of $37.53. So far today, the company's volume is 180,696 shares, three times the current daily average.

Slipping 9.2%, Select (Nasdaq:SCSS) is currently trading at $29.63 per share. So far today, the company's volume is 2.7 million shares. This is more trading activity than there was yesterday.

NetScout Systems (Nasdaq:NTCT) has risen 7.6% to hit a current price of $25.41 per share. The company's volume is currently 462,184 shares for the day, 2.1 times the average volume over the last three months.

Lam (Nasdaq:LRCX) is at $35.96 per share after an increase of 7.1%. This morning, the company is trading a volume of 4.9 million shares.

PacWest (Nasdaq:PACW) has increased to a share price of $22.95, a 5.1% rise. The company's volume is currently 181,377 shares for the day, one times the average daily volume.

The Bottom Line No matter the economic climate, Wall Street will always have stocks that make major moves each week. Paying close attention to the previous ratios will help you identify key times to adjust your strategy. Tools like valuation ratios and profit margins, however, are only as useful as the context you put them in; remember to take historical data and competitor performance into account.

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