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Tickers in this Article: OSIS, NTAP, VECO, WBMD, DDD, CAJ, LXK
On a bad day for the market, the Nasdaq has declined 0.4%, the S&P 500 has decreased 0.3% and the Dow is down 0.3%. 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 down 0.6%, underperforming the market overall. The current biggest movers in the sector are:
CompanyMarket CapPercentage Change
OSI Systems (Nasdaq:OSIS)$1.53 billion-23.9%
NetApp (Nasdaq:NTAP)$9.85 billion+10.6%
Veeco Instruments (Nasdaq:VECO)$1.14 billion-8.3%
WebMD (Nasdaq:WBMD)$658.7 million+6.2%
3D (NYSE:DDD)$2.37 billion-5.6%
Canon Inc (NYSE:CAJ)$35.59 billion+5.2%
Lexmark International (NYSE:LXK)$1.43 billion+3.3%
Broker Summary: TD Ameritrade Thinkorswim

OSI Systems (Nasdaq:OSIS) is currently trading at $58.08 per share, after a steep drop of 23.9%. This morning, 1.7 million shares have been traded, more than yesterday's 56,992 shares.

NetApp (Nasdaq:NTAP) is trading at $30.01 per share, a significant rise of 10.6%. The company is currently trading a volume of 11.4 million shares. This is 1.8 times its current three-month average.

Falling 8.3%, Veeco Instruments (Nasdaq:VECO) is currently at a share price of $26.67. So far today, the company's volume is 1.1 million shares, 2.2 times the current daily average.

WebMD (Nasdaq:WBMD) has risen 6.2% to hit a current price of $13.96 per share. So far today, 142,566 shares have changed hands.

At $39.23, 3D (NYSE:DDD) has slipped 5.6%. So far today, 838,922 shares have changed hands, with trading activity in keeping with yesterday's.

Canon Inc (NYSE:CAJ) is up 5.2% to reach a current price of $31.96 per share. The company's volume for the day so far is 633,679 shares. This is 1.5 times the average volume over the last three months.

Lexmark International (NYSE:LXK) is at $22.85 per share after an increase of 3.3%. At 665,097 shares, the company's volume so far today is in keeping with its current daily average.

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. 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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