Filed Under: ,
Tickers in this Article: CTCT, VRSN, APKT, ACXM, N, QLIK, CERN
This morning's trading has marked a bad day for the market so far. The Nasdaq is down 0.1%; the S&P 500 has fallen 0.2%; and the Dow has decreased 0.1%. 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) has changed little on a quiet day for the overall market. These are the biggest movers in the sector currently:
CompanyMarket CapPercentage Change
Constant Contact (Nasdaq:CTCT)$519.4 million-25.2%
VeriSign (Nasdaq:VRSN)$7.29 billion-18.5%
Acme Packet (Nasdaq:APKT)$1.05 billion+15.4%
Acxiom (Nasdaq:ACXM)$1.23 billion+14.9%
NetSuite (NYSE:N)$4.04 billion+14.7%
Qlik Technologies (Nasdaq:QLIK)$1.73 billion-13.8%
Cerner (Nasdaq:CERN)$11.72 billion+12.7%
Beginner's Guide To

Constant Contact (Nasdaq:CTCT) is at a share price of $12.74 after a sharp decline of 25.2%. The company's volume for the day so far is 4.4 million shares.

Taking a 18.5% hit, VeriSign (Nasdaq:VRSN) is currently trading at $37.97 per share. So far today, the company's volume is 11.9 million shares, 7.9 times its current daily average.

Acme Packet (Nasdaq:APKT) is trading at $17.65 per share, a significant rise of 15.4%. The company is trading at a volume of 2.4 million shares.

Acxiom (Nasdaq:ACXM) is currently at $18.79 per share after a dramatic increase of 14.9%. At 711,033 shares, the company's volume so far today is 2.7 times its average over the past three months.

NetSuite (NYSE:N) rose a significant 14.7% to reach $65.30 per share. The company is currently trading a volume of one million shares.

After a precipitous drop of 13.8%, Qlik Technologies (Nasdaq:QLIK) is now trading at a share price of $17.48. So far today, the company's volume is 4.6 million shares, 3.9 times the average daily volume.

After a big jump of 12.7%, Cerner (Nasdaq:CERN) is trading at $77.19 per share. The company's volume is currently 2.5 million shares. This is more trading activity than there was yesterday.

The Bottom Line No matter the economic climate, Wall Street will always have stocks that make major moves each week. Daily stock performance should be weighed against historical performance and put in context of the market overall. However, these fundamental metrics must be analyzed with historic data, industry information in addition to firm specific financial statements.

comments powered by Disqus

Trading Center