The market is having a bad day so far. The Nasdaq is down 0.4%; the S&P 500 has decreased 0.3%; and the Dow has fallen 0.2%. 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 currently ahead of the overall market, down only 0.4%, and its biggest movers are currently:

CompanyMarket CapPercentage Change
Allot (Nasdaq:ALLT)$645.8 million-13.8%
Finisar (Nasdaq:FNSR)$1.33 billion+6.8%
Lexmark International (NYSE:LXK)$1.62 billion-5.5%
Informatica (Nasdaq:INFA)$2.97 billion+4.5%
Cirrus Logic (Nasdaq:CRUS)$1.91 billion-4.5%
Research In Motion Limited (Nasdaq:RIMM)$6.98 billion+4.2%
Veeco Instruments (Nasdaq:VECO)$1.2 billion-3%
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Allot (Nasdaq:ALLT) is currently trading at $17.32 per share, after a steep drop of 13.8%. So far today, the company's volume is 2.1 million shares, above yesterday's volume of 717,347 shares.

Finisar (Nasdaq:FNSR) has increased to a share price of $15.34, a 6.8% rise. The company's volume for the day so far is 2.8 million shares.

Falling 5.5%, Lexmark International (NYSE:LXK) is currently at a share price of $23.69. At 1.4 million shares, the company's volume so far today is 1.1 times its current daily average.

Informatica (Nasdaq:INFA) is at $28.77 per share after an increase of 4.5%. The company is currently trading a volume of two million shares. This is 0.6 times its average volume over the past three months.

Currently trading at $27.80 per share, Cirrus Logic (Nasdaq:CRUS) has fallen 4.5%. The company's volume is currently 1.5 million shares for the day, with trading activity in keeping with yesterday's.

Research In Motion Limited (Nasdaq:RIMM) is up 4.2% to reach a current price of $13.87 per share. The company is currently trading a volume of 34.8 million shares.

Slipping 3%, Veeco Instruments (Nasdaq:VECO) is currently trading at $29.62 per share. At 220,768 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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Tickers in this Article: ALLT, FNSR, LXK, INFA, CRUS, RIMM, VECO

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