Siemens AG and Other Technology Stocks Making Big Moves on October 16, 2012

It's been a good morning for the market. The Nasdaq has risen 1.1%; the S&P 500 is trading up 1%; and the Dow has moved up 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.

Outperforming the market overall, the Technology sector (XLK) is up 1.2% and its biggest movers so far today are:

Company	Market Cap	Percentage Change
Diebold (NYSE:DBD)	$2.13 billion	-6%
Cirrus Logic (Nasdaq:CRUS)	$2.5 billion	+4.1%
SanDisk (Nasdaq:SNDK)	$10.56 billion	+3.1%
Cymer (Nasdaq:CYMI)	$1.45 billion	+3%
Mercadolibre (Nasdaq:MELI)	$3.85 billion	+2.5%
F5 Networks (Nasdaq:FFIV)	$7.77 billion	+2.3%
Siemens AG (NYSE:SI)	$87.12 billion	+2%

Software Summary: Finviz.com Stock Screener

Diebold (NYSE:DBD) is down 6% to reach $31.70 per share. The company is currently trading a volume of 1.3 million shares.

Cirrus Logic (Nasdaq:CRUS) has risen 4.1% and is currently trading at $40.33 per share. So far today, the company's volume is 841,690 shares, in line with the current daily average.

SanDisk (Nasdaq:SNDK) is at $45.09 per share after an increase of 3.1%. So far today, 2.6 million shares of the company's stock have changed hands. This is on pace to fall short of yesterday's volume of 6.7 million shares.

Cymer (Nasdaq:CYMI) is currently trading at $48.07 per share, a 3% increase. The company's volume is currently 128,651 shares for the day, consistent with its average over the last three months.

Rising 2.5%, Mercadolibre (Nasdaq:MELI) is currently trading at $89.35 per share. The company's volume for the day so far is 148,754 shares.

F5 Networks (Nasdaq:FFIV) is up 2.3% to reach a current price of $100.56 per share. At 569,813 shares, the company's volume so far today is 0.3 times the current daily average.

After an increase of 2%, Siemens AG (NYSE:SI) has reached a current price of $101.06. The company is trading at a volume of 222,016 shares.

The Bottom Line On any given day, a particular stock may see positive or negative change in its share price. Daily stock performance should be weighed against historical performance and put in context of the market overall. However, these fundamental metrics must be analyzed with historic data, industry information in addition to firm specific financial statements.