Filed Under: ,
Tickers in this Article: MTSI, SPRD, PANL, CRUS, BRCM, NXPI, VECO
The market has been doing well after the morning's trading. The Nasdaq is up 1.1%; the S&P 500 is up 0.8%; and the Dow has climbed 0.6%.

Underperforming the market overall, the Semiconductors sector (XLK) is up 0.9%, and these are its current biggest movers:
CompanyMarket CapPercentage Change
M\x2FA-COM Technology Solutions (Nasdaq:MTSI)$607.9 million+5%
Spreadtrum Communications, Inc (Nasdaq:SPRD)$784.3 million+4.1%
Universal (Nasdaq:PANL)$1.18 billion+3.9%
Cirrus Logic (Nasdaq:CRUS)$1.79 billion+3.8%
Broadcom (Nasdaq:BRCM)$18.33 billion+3.1%
NXP (Nasdaq:NXPI)$6.39 billion+2.7%
Veeco Instruments (Nasdaq:VECO)$1.14 billion+2.7%
Broker Summary: OptionsXpress Online Trading Platform

Rising 5%, M\x2FA-COM Technology Solutions (Nasdaq:MTSI) is currently trading at $14 per share. So far today, the company's volume is 10,685 shares, 0.2 times its average over the past three months.

Spreadtrum Communications, Inc (Nasdaq:SPRD) has risen 4.1% and is currently trading at $17.38 per share. So far today, the company's volume is 574,117 shares.

Universal (Nasdaq:PANL) is up 3.9% to reach a current price of $26.27 per share. So far today, the company's volume is 202,470 shares, 0.2 times its current daily average.

Increasing 3.8%, Cirrus Logic (Nasdaq:CRUS) is trading at $28.33 per share. So far today, the company's volume is 1.7 million shares. This is a sign that there will be less trading activity than there was yesterday.

After rising 3.1%, Broadcom (Nasdaq:BRCM) is currently trading at a share price of $33.51. At 3.4 million shares, the company's volume so far today is 0.3 times its current three-month average.

NXP (Nasdaq:NXPI) has moved up 2.7% and is currently trading at $26.07 per share. The company is currently trading a volume of 416,830 shares.

Veeco Instruments (Nasdaq:VECO) has risen 2.7% to hit a current price of $29.95 per share. At 163,867 shares, the company's volume so far today is 0.4 times the average daily volume.

The Bottom Line No matter the economic climate, Wall Street will always have stocks that make major moves each week. 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.

comments powered by Disqus

Trading Center