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Apple and Other Big Movers In Technology on December 11, 2012

December 11, 2012 | Filed Under »
Tickers in this Article » BDC, N, LDR, TDC, MELI, CRM, AAPL
The Nasdaq has increased 1.7%, the S&P 500 is trading up 1% and the Dow is up 0.9%, 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 1.7% and its biggest movers so far today are:
CompanyMarket CapPercentage Change
Belden (NYSE:BDC)$1.75 billion+5.8%
NetSuite (NYSE:N)$4.3 billion+5.6%
Landauer (NYSE:LDR)$599.4 million-5.1%
Teradata (NYSE:TDC)$9.91 billion+4.5%
Mercadolibre (Nasdaq:MELI)$3.36 billion+4.3%
Salesforce.com (NYSE:CRM)$22.5 billion+4.1%
Apple (Nasdaq:AAPL)$498.4 billion+3.3%
Broker Summary: Fidelity Online Brokerage

After an increase of 5.8%, Belden (NYSE:BDC) has reached a current price of $42.02. So far today, the company's volume is 346,058 shares, one times the average volume over the last three months.

Rising 5.6%, NetSuite (NYSE:N) is currently trading at $63.37 per share. The company's volume for the day so far is 308,401 shares. This is about the same trading activity as there was yesterday.

Landauer (NYSE:LDR) is currently trading at a share price of $60.20, a 5.1% decline. So far today, the company's volume is 23,346 shares, 0.7 times the average daily volume.

After rising 4.5%, Teradata (NYSE:TDC) is currently trading at a share price of $61.24. The company's volume for the day so far is 954,697 shares.

Mercadolibre (Nasdaq:MELI) has risen 4.3% to hit a current price of $79.28 per share. The company's volume is currently 586,065 shares for the day, 0.6 times its current three-month average.

Salesforce.com (NYSE:CRM) has moved up 4.1% and is currently trading at $164.86 per share. The company is trading at a volume of 2.1 million shares. This is more trading activity than there was yesterday.

Apple (Nasdaq:AAPL) has increased to a share price of $547.07, a 3.3% rise. So far today, the company's volume is 9.2 million shares, 0.4 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. However, these fundamental metrics must be analyzed with historic data, industry information in addition to firm specific financial statements.

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