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SINA Corporation and Other Big Movers on the Nasdaq on December 28, 2012
It's been a bad morning for the market, with the Nasdaq slipping 0.3%, the S&P 500 down 0.5% and the Dow declining 0.5%. 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:
Broker Summary: E-Trade Financial
SS and C Technologies Holdings (Nasdaq:SSNC) has increased to a share price of $23.70, a 5.6% rise. So far today, the company's volume is 85,530 shares, 0.7 times the average daily volume.
Blackbaud (Nasdaq:BLKB) has moved up 4.6% and is currently trading at $23.68 per share. This morning, the company is trading a volume of 132,321 shares.
Increasing 4.1%, Liquidity Services (Nasdaq:LQDT) is trading at $40.66 per share. With 273,790 shares changing hands so far today, the company's volume is consistent with its average over the last three months.
Cepheid (Nasdaq:CPHD) has risen 3.5% and is currently trading at $33.83 per share. The company's volume is currently 426,859 shares. Yesterday, volume was only 324,862 shares.
Stratasys (Nasdaq:SSYS) has risen 2.9% to hit a current price of $77.38 per share. So far today, the company's volume is 195,549 shares, 0.4 times its current daily average.
After an increase of 2.8%, Mellanox (Nasdaq:MLNX) has reached a current price of $59.86. The company is currently trading a volume of 246,623 shares.
Rising 2.7%, SINA Corporation (Nasdaq:SINA) is currently trading at $48.60 per share. At 1.4 million shares, the company's volume so far today 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. Daily stock performance should be weighed against historical performance and put in context of the market overall. Keep in mind that all these ratios should be compared against historical numbers and industry information in order to get a more complete picture.
The biggest movers traded on the NASDAQ so far are:
| Company | Market Cap | Percentage Change |
| SS and C Technologies Holdings (Nasdaq:SSNC) | $1.77 billion | +5.6% |
| Blackbaud (Nasdaq:BLKB) | $1.02 billion | +4.6% |
| Liquidity Services (Nasdaq:LQDT) | $1.23 billion | +4.1% |
| Cepheid (Nasdaq:CPHD) | $2.17 billion | +3.5% |
| Stratasys (Nasdaq:SSYS) | $1.64 billion | +2.9% |
| Mellanox (Nasdaq:MLNX) | $2.46 billion | +2.8% |
| SINA Corporation (Nasdaq:SINA) | $3.15 billion | +2.7% |
SS and C Technologies Holdings (Nasdaq:SSNC) has increased to a share price of $23.70, a 5.6% rise. So far today, the company's volume is 85,530 shares, 0.7 times the average daily volume.
Blackbaud (Nasdaq:BLKB) has moved up 4.6% and is currently trading at $23.68 per share. This morning, the company is trading a volume of 132,321 shares.
Increasing 4.1%, Liquidity Services (Nasdaq:LQDT) is trading at $40.66 per share. With 273,790 shares changing hands so far today, the company's volume is consistent with its average over the last three months.
Stratasys (Nasdaq:SSYS) has risen 2.9% to hit a current price of $77.38 per share. So far today, the company's volume is 195,549 shares, 0.4 times its current daily average.
After an increase of 2.8%, Mellanox (Nasdaq:MLNX) has reached a current price of $59.86. The company is currently trading a volume of 246,623 shares.
Rising 2.7%, SINA Corporation (Nasdaq:SINA) is currently trading at $48.60 per share. At 1.4 million shares, the company's volume so far today 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. Daily stock performance should be weighed against historical performance and put in context of the market overall. Keep in mind that all these ratios should be compared against historical numbers and industry information in order to get a more complete picture.
by
Investopedia Staff
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