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SanDisk and Other Big Movers In Technology on November 12, 2012

November 12, 2012 | Filed Under » ,
Tickers in this Article » EBIX, DDD, INXN, AOL, FSLR, PRLB, SNDK
Currently, the Nasdaq is down 0.1%, the S&P 500 has been relatively flat and the Dow has slipped 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.

On a quiet day for the market overall so far, the Technology sector (XLK) has slipped 0.3% and its biggest movers are currently:
CompanyMarket CapPercentage Change
Ebix (Nasdaq:EBIX)$681 million-6.8%
3D (NYSE:DDD)$2.62 billion-5.4%
InterXion (NYSE:INXN)$1.48 billion-4.9%
AOL (NYSE:AOL)$3.31 billion-4.5%
First Solar (Nasdaq:FSLR)$2.14 billion+4.4%
Proto Labs (NYSE:PRLB)$838 million-3.7%
SanDisk (Nasdaq:SNDK)$9.97 billion-2.9%
Broker Summary: TD Ameritrade Thinkorswim

Currently trading at $16.67 per share, Ebix (Nasdaq:EBIX) has fallen 6.8%. So far today, 359,532 shares of the company's stock have changed hands. This is about the same trading activity as there was yesterday.

Falling 5.4%, 3D (NYSE:DDD) is currently at a share price of $43.53. The company's volume for the day so far is 975,663 shares, in keeping with its current three-month average.

InterXion (NYSE:INXN) is trading at $20.80 per share, down 4.9%. The company is currently trading a volume of 336,983 shares.

AOL (NYSE:AOL) has decreased to $37.78 per share, a 4.5% fall. The company's volume is currently 1.3 million shares for the day, in keeping with its current daily average.

First Solar (Nasdaq:FSLR) is up 4.4% to reach a current price of $25.63 per share. The company's volume is currently 2.5 million shares.

At $33.09, Proto Labs (NYSE:PRLB) has slipped 3.7%. The company's volume is currently 21,055 shares for the day, 0.1 times its current three-month average.

Slipping 2.9%, SanDisk (Nasdaq:SNDK) is currently trading at $40.01 per share. So far today, 1.9 million shares have changed hands.

The Bottom Line No matter the economic climate, Wall Street will always have stocks that make major moves each week. It is important to weigh current activity against historical performance when making any investment decisions. 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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