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Tickers in this Article: PLXS, CIEN, AYI, RAX, GEOS, MLNX, AAPL
The market has been slipping so far today. The Nasdaq has declined 2.7%; the S&P 500 is trading down 2.6%; and the Dow has fallen 2.5%. 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) is currently ahead of the overall market, down only 2.6%, and its biggest movers are currently:
CompanyMarket CapPercentage Change
Plexus (Nasdaq:PLXS)$978.2 million-28.1%
Ciena (Nasdaq:CIEN)$1.32 billion+8.3%
Acuity Brands (NYSE:AYI)$2.84 billion-6.5%
Rackspace Hosting (NYSE:RAX)$8.96 billion-6.1%
Geospace (Nasdaq:GEOS)$890.5 million-5.3%
Mellanox (Nasdaq:MLNX)$3.6 billion-4.9%
Apple (Nasdaq:AAPL)$548.28 billion-4.4%
Broker Summary: Charles Schwab Online Brokerage

After a precipitous drop of 28.1%, Plexus (Nasdaq:PLXS) is now trading at a share price of $20.11. So far today, 1.3 million shares have changed hands.

Ciena (Nasdaq:CIEN) is currently trading at $14.28 per share, a 8.3% increase. So far today, the company's volume is 5.7 million shares, 1.6 times the average daily volume.

At $62.63, Acuity Brands (NYSE:AYI) has slipped 6.5%. So far today, the company's volume is 121,052 shares. At this rate, trading activity will likely be down from yesterday when 341,779 shares changed hands.

After a decline of 6.1%, Rackspace Hosting (NYSE:RAX) has hit a share price of $62.08. At 1.8 million shares, the company's volume so far today is one times the current three-month average.

Geospace (Nasdaq:GEOS) has decreased to $66.13 per share, a 5.3% fall. This morning, the company is trading a volume of 17,056 shares.

Slipping 4.9%, Mellanox (Nasdaq:MLNX) is currently trading at $80.97 per share. At 312,557 shares, the company's volume so far today is 0.3 times its current daily average.

Apple (Nasdaq:AAPL) is down 4.4% to reach $557.40 per share. The company's volume for the day so far is 12.8 million shares.

The Bottom Line On any given day, a particular stock may see positive or negative change in its share price. 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.

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