The Nasdaq has climbed 1.1%, the S&P 500 has climbed 0.8% and the Dow has moved up 0.6%, marking a bad morning for the market. 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 up 0.9%, underperforming the market overall. The biggest movers in the sector are currently:
|Company||Market Cap||Percentage Change|
|FactSet Research Systems (NYSE:FDS)||$4.27 billion||-6%|
|Rackspace Hosting (NYSE:RAX)||$9.39 billion||+4.7%|
|Stratasys (Nasdaq:SSYS)||$1.55 billion||+4.5%|
|Geospace (Nasdaq:GEOS)||$1.02 billion||+4%|
|F5 Networks (Nasdaq:FFIV)||$7.32 billion||+3.8%|
|CommVault Systems (Nasdaq:CVLT)||$3.16 billion||+3.6%|
|Integra Lifesciences (Nasdaq:IART)||$1.02 billion||-3.2%|
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FactSet Research Systems (NYSE:FDS) has fallen 6% and is currently trading at $90.60 per share. So far today, 812,053 shares have changed hands.
Increasing 4.7%, Rackspace Hosting (NYSE:RAX) is trading at $71.78 per share. So far today, the company's volume is 1.1 million shares, 0.9 times its current daily average.
Stratasys (Nasdaq:SSYS) is currently trading at $74.18 per share, a 4.5% increase. The company is trading at a volume of 224,344 shares. This is on pace to reach yesterday's trading volume of 513,872 shares.
After rising 4%, Geospace (Nasdaq:GEOS) is currently trading at a share price of $83. At 53,149 shares, the company's volume so far today is 0.3 times its current three-month average.
F5 Networks (Nasdaq:FFIV) has increased to a share price of $96.14, a 3.8% rise. The company's volume for the day so far is 641,319 shares.
CommVault Systems (Nasdaq:CVLT) has moved up 3.6% and is currently trading at $71.95 per share. So far today, the company's volume is 515,948 shares, 1.2 times the current daily average.
Falling 3.2%, Integra Lifesciences (Nasdaq:IART) is currently at a share price of $36.54. The company's volume for the day so far is 152,747 shares.
The Bottom Line On any given day, a particular stock may see positive or negative change in its share price. Paying close attention to the previous ratios will help you identify key times to adjust your strategy. However, these fundamental metrics must be analyzed with historic data, industry information in addition to firm specific financial statements.