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Apple Among Technology's Biggest Movers on November 19, 2012

November 19, 2012 | Filed Under »
Tickers in this Article » SINA, CRUS, ATHN, AAPL, GEOS, SSYS, CPHD
The Nasdaq has risen 1.7%, the S&P 500 is up 1.5% and the Dow has climbed 1.3%, marking a bad morning for the market. 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.

Outperforming the market overall, the Technology sector (XLK) is up 2.1% and its biggest movers so far today are:
CompanyMarket CapPercentage Change
SINA Corporation (Nasdaq:SINA)$3 billion+8.5%
Cirrus Logic (Nasdaq:CRUS)$1.85 billion+7.8%
athenahealth (Nasdaq:ATHN)$2.2 billion+6.1%
Apple (Nasdaq:AAPL)$496.38 billion+4.9%
Geospace (Nasdaq:GEOS)$919.8 million+4.2%
Stratasys (Nasdaq:SSYS)$1.38 billion+3.8%
Cepheid (Nasdaq:CPHD)$2.02 billion-3.1%
Broker Summary: Charles Schwab Online Brokerage

Rising 8.5%, SINA Corporation (Nasdaq:SINA) is currently trading at $48.90 per share. With 4.8 million shares changing hands so far today, the company's volume is 1.6 times the average volume over the last three months.

Cirrus Logic (Nasdaq:CRUS) has risen 7.8% and is currently trading at $30.48 per share. The company's volume for the day so far is two million shares.

After an increase of 6.1%, athenahealth (Nasdaq:ATHN) has reached a current price of $64.43. The company's volume is currently 336,966 shares for the day, 0.6 times the average daily volume.

After rising 4.9%, Apple (Nasdaq:AAPL) is currently trading at a share price of $553.60. The company's volume is currently 14.1 million shares. This is on pace to fall short of yesterday's volume of 44.9 million shares.

Geospace (Nasdaq:GEOS) is currently trading at $75.17 per share, a 4.2% increase. The company's volume for the day so far is 84,693 shares, 1.3 times its current three-month average.

Stratasys (Nasdaq:SSYS) has increased to a share price of $65.84, a 3.8% rise. So far today, the company's volume is 174,607 shares.

Cepheid (Nasdaq:CPHD) has fallen 3.1% and is currently trading at $29.57 per share. So far today, the company's volume is 412,163 shares, 0.7 times the average daily volume.

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. However, these fundamental metrics must be analyzed with historic data, industry information in addition to firm specific financial statements.

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