Mettler-Toledo International and More Big Movers in Technology on December 10, 2012

December 10, 2012 | Filed Under » ,
Tickers in this Article » GTI, CNQR, MLNX, SPRD, PANL, FDS, MTD
It's been a good morning for the market. The Nasdaq is up 0.6%; the S&P 500 has risen 0.2%; and the Dow has climbed 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.

CompanyMarket CapPercentage Change
GrafTech (NYSE:GTI)$1.29 billion-7.9%
Concur Technologies (Nasdaq:CNQR)$3.4 billion+5.7%
Mellanox (Nasdaq:MLNX)$2.89 billion+4.6%
Spreadtrum Communications, Inc (Nasdaq:SPRD)$749.6 million-3.6%
Universal (Nasdaq:PANL)$1.24 billion-2.9%
FactSet Research Systems (NYSE:FDS)$4.13 billion+2.8%
Mettler-Toledo International (NYSE:MTD)$5.64 billion+2.3%
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GrafTech (NYSE:GTI) has decreased to $8.86 per share, a 7.9% fall. At 3.9 million shares, the company's volume so far today is four times the average daily volume.

Concur Technologies (Nasdaq:CNQR) has increased to a share price of $65.37, a 5.7% rise. So far today, the company's volume is 590,742 shares.

Mellanox (Nasdaq:MLNX) has risen 4.6% and is currently trading at $71.54 per share. So far today, the company's volume is 267,731 shares,.

Spreadtrum Communications, Inc (Nasdaq:SPRD) is down 3.6% to reach $15.38 per share. The company is currently trading a volume of 985,082 shares. This is 1.1 times the average volume over the last three months.

At $25.92, Universal (Nasdaq:PANL) has slipped 2.9%. At 320,365 shares, the company's volume so far today is 0.3 times the average daily volume.

Increasing 2.8%, FactSet Research Systems (NYSE:FDS) is trading at $95.87 per share. The company is currently trading a volume of 186,362 shares.

Mettler-Toledo International (NYSE:MTD) is currently trading at $188.29 per share, a 2.3% increase. So far today, 66,323 shares have changed hands, consistent with the volume from yesterday which is likely to result in less activity than yesterday's volume of 146,383 shares.

The Bottom Line On any given day, a particular stock may see positive or negative change in its share price. Daily stock performance should be weighed against historical performance and put in context of the market overall. 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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