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Tickers in this Article: ARMH, MLNX, POWI, COHR, ASMI, RFMD, FSLR
The market is having a bad day so far: the Nasdaq has slipped 0.8%; the S&P 500 has fallen 1.5%; and the Dow is trading down 1.8%.

The Semiconductors sector (XLK) is down 0.9%, underperforming the market overall. The current biggest movers in the sector are:
CompanyMarket CapPercentage Change
ARM Holdings plc (Nasdaq:ARMH)$12.91 billion+9.1%
Mellanox (Nasdaq:MLNX)$2.99 billion-7%
Power Integrations (Nasdaq:POWI)$789.7 million+5.3%
Coherent (Nasdaq:COHR)$1.06 billion+4.6%
ASM International (Nasdaq:ASMI)$1.84 billion-4%
RF Micro Devices (Nasdaq:RFMD)$1.05 billion+3.9%
First Solar (Nasdaq:FSLR)$2.07 billion-3.4%
Broker Summary: Charles Schwab Online Brokerage

After rising 9.1%, ARM Holdings plc (Nasdaq:ARMH) is currently trading at a share price of $30.69. With five million shares changing hands so far today, the company's volume is 3.1 times its average over the past three months.

Mellanox (Nasdaq:MLNX) is currently trading at a share price of $70.05, a 7% decline. So far today, the company's volume is 1.7 million shares.

Rising 5.3%, Power Integrations (Nasdaq:POWI) is currently trading at $28.83 per share. At 177,638 shares, the company's volume so far today is one times the average daily volume.

Coherent (Nasdaq:COHR) has risen 4.6% to hit a current price of $46.74 per share. The company's volume for the day so far is 195,881 shares.

ASM International (Nasdaq:ASMI) is trading at $32.17 per share, down 4%. The company's volume is currently 22,400 shares for the day, one times the average volume over the last three months.

RF Micro Devices (Nasdaq:RFMD) is currently trading at $3.95 per share, a 3.9% increase. The company is trading at a volume of 3.5 million shares. This is on pace to reach yesterday's trading volume of 8.1 million shares.

Currently trading at $22.99 per share, First Solar (Nasdaq:FSLR) has fallen 3.4%. The company's volume is currently 1.8 million shares for the day, 0.3 times the current daily average.

The Bottom Line The nature of the market is such that stocks will have good days and bad days. It is important to weigh current activity against historical performance when making any investment decisions. Tools like valuation ratios and profit margins, however, are only as useful as the context you put them in; remember to take historical data and competitor performance into account.

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