Filed Under: ,
Tickers in this Article: UIS, INVN, WBSN, SLAB, IACI, ELLI, ALTR
The Nasdaq has remained steady, the S&P 500 is up 0.1% and the Dow has risen 0.3% so far today. The technology sector is a category of stocks relating to the research, development and/or distribution of technologically based goods and services. This sector contains businesses revolving around the manufacturing of electronics, creation of software, computers or products and services relating to information technology. The technology sector offers a wide arrange of products and services for both customers and other businesses. Consumer goods like personal computers, stereos and televisions are continually improved and upgraded, offering the latest technology to all users. Businesses receive information and services from software and database systems, which allow the companies to make strategic business decisions.

The Technology sector (XLK) has moved up 0.3% so far today and here are its biggest movers:
CompanyMarket CapPercentage Change
Unisys (NYSE:UIS)2.3 million-13.3%
InvenSense (NYSE:INVN).02 billion-11.2%
Websense (Nasdaq:WBSN)9.7 million-10.1%
Silicon (Nasdaq:SLAB).51 billion+9.9%
IAC/InterActiveCorp (Nasdaq:IACI).59 billion-8%
Ellie Mae (NYSE:ELLI)1.7 million+7.8%
Altera (Nasdaq:ALTR).44 billion-6.6%
Broker Summary: OptionsXpress Online Trading Platform

Taking a 13.3% hit, Unisys (NYSE:UIS) is currently trading at $17.60 per share. So far today, the company's volume is 1.1 million shares. This is more trading activity than there was yesterday.

InvenSense (NYSE:INVN) is currently trading at $11.09 per share, after a steep drop of 11.2%. The company's volume for the day so far is 3.3 million shares, four times the average volume over the last three months.

Websense (Nasdaq:WBSN) is at a share price of $13.60 after a sharp decline of 10.1%. This morning, the company is trading a volume of 293,914 shares.

Silicon (Nasdaq:SLAB) is up 9.9% to reach a current price of $39.68 per share. The company's volume is currently 644,657 shares for the day, 2.8 times the average daily volume.

IAC/InterActiveCorp (Nasdaq:IACI) has fallen 8% and is currently trading at $48.23 per share. So far today, 2.6 million shares of the company's stock have changed hands. Yesterday's volume was only one million shares.

Ellie Mae (NYSE:ELLI) has increased to a share price of $24.88, a 7.8% rise. At 505,386 shares, the company's volume so far today is in keeping with its current three-month average.

Altera (Nasdaq:ALTR) has decreased to $30.48 per share, a 6.6% fall. The company is currently trading a volume of 6.3 million shares.

The Bottom Line The nature of the market is such that stocks will have good days and bad days. Paying close attention to the previous ratios will help you identify key times to adjust your strategy. Keep in mind that all these ratios should be compared against historical numbers and industry information in order to get a more complete picture.

comments powered by Disqus

Trading Center