This morning's trading has marked a bad day for the market so far. The Nasdaq has declined 0.2%; the S&P 500 has slipped 0.4%; and the Dow has fallen 0.2%.
The Semiconductors sector (XLK) is currently lagging behind the overall market, down 0.2%, and its current biggest movers are:
|Company||Market Cap||Percentage Change|
|STMicroelectronics N.V (NYSE:STM)||$5 billion||+7.1%|
|Spreadtrum Communications, Inc (Nasdaq:SPRD)||$935.2 million||+3.8%|
|Universal (Nasdaq:PANL)||$1.62 billion||-2.6%|
|NXP (Nasdaq:NXPI)||$5.71 billion||-2.4%|
|InvenSense (NYSE:INVN)||$972 million||+2.2%|
|Benchmark Electronics (NYSE:BHE)||$864.3 million||-2.1%|
|Mellanox (Nasdaq:MLNX)||$4.04 billion||-1.9%|
Broker Summary: Fidelity Online Brokerage
STMicroelectronics N.V (NYSE:STM) has risen 7.1% to hit a current price of $6.04 per share. At 4.5 million shares, the company's volume so far today is 3.9 times its current three-month average.
After rising 3.8%, Spreadtrum Communications, Inc (Nasdaq:SPRD) is currently trading at a share price of $20.66. The company's volume for the day so far is 223,838 shares.
Slipping 2.6%, Universal (Nasdaq:PANL) is currently trading at $34 per share. The company's volume is currently 107,137 shares for the day, 0.2 times the current daily average.
NXP (Nasdaq:NXPI) is trading at $22.15 per share, down 2.4%. So far today, 929,890 shares have changed hands.
Increasing 2.2%, InvenSense (NYSE:INVN) is trading at $12.15 per share. The company's volume is currently 173,006 shares for the day, 0.3 times the average volume over the last three months.
Benchmark Electronics (NYSE:BHE) is down 2.1% to reach $15.07 per share. So far today, the company's volume is 40,464 shares. This is a sign that there will be less trading activity than there was yesterday.
Currently trading at $99.70 per share, Mellanox (Nasdaq:MLNX) has fallen 1.9%. The company's volume is currently 267,646 shares for the day, 0.3 times the average daily volume.
The Bottom Line On any given day, a particular stock may see positive or negative change in its share price. 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.
Stock AnalysisLearn which Asian countries deliver the most crude oil to market, and discover what companies are the biggest producers in each country.
Stock AnalysisDiscover the top Russian oil companies by production volume and find out more about their domestic and international business operations.
Mutual Funds & ETFsLearn about arbitrage funds and how this type of investment generates profits by taking advantage of price differentials between the cash and futures markets.
Investing NewsWill Ferrari's shares move fast off the line only to sputter later?
Stock AnalysisHere are five stocks that pay safe dividends and should be at least somewhat resilient to a bear market.
InvestingThe further you fall, the harder it is to climb back up. It’s a universal truth that is painfully apparent in the investing world.
Fundamental AnalysisOptions market trading data can provide important insights about the direction of stocks and the overall market. Here’s how to track it.
Stock AnalysisCan these two oil stocks buck the trend?
Investing NewsAlcoa plans to split into two companies. Is this a bullish catalyst for investors?
InsuranceDiscover the five companies that dominate the Russian insurance market, and learn a little more about their business operations and ownership.
When a company issues a cash dividend to its shareholders, the retained earnings listed on the balance sheet are reduced ... Read Full Answer >>
The difference between called-up share capital and paid-up share capital is investors have already paid in full for paid-up ... Read Full Answer >>
A convertible bond represents a hybrid security that has bond and equity features; this type of bond allows the conversion ... Read Full Answer >>
Both additional paid-in capital and retained earnings are entries under the shareholders' equity section of a company's balance ... Read Full Answer >>
The money a business uses to fund operations or growth is called capital, and there are a number of capital sources available. ... Read Full Answer >>
The difference between subscribed share capital and issued share capital is the former relates to the amount of stock for ... Read Full Answer >>