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Tickers in this Article: SMTC, CREE, LPL, GNRC, ASML, BDC, PLT
It's been a good morning for the market. The Nasdaq is trading up 0.5%; the S&P 500 has climbed 0.5%; and the Dow has increased 0.4%. 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.

Underperforming the market overall, the Technology sector (XLK) is up 0.5%, and these are its current biggest movers:
CompanyMarket CapPercentage Change
Semtech (Nasdaq:SMTC)$1.63 billion+13.1%
Cree (Nasdaq:CREE)$3.71 billion-5.6%
LG Display Co Ltd (NYSE:LPL)$11.87 billion-5.3%
Generac Holdings (NYSE:GNRC)$2.18 billion-5.3%
ASML Holding N.V (Nasdaq:ASML)$28.07 billion+5.1%
Belden (NYSE:BDC)$1.57 billion+4.9%
Plantronics (NYSE:PLT)$1.4 billion+4.8%
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Semtech (Nasdaq:SMTC) rose a significant 13.1% to reach $28.19 per share. The company's volume for the day so far is 1.4 million shares. This is 4.8 times its average volume over the past three months.

At $31.69, Cree (Nasdaq:CREE) has slipped 5.6%. The company's volume is currently 1.7 million shares for the day, 1.7 times the current daily average.

Slipping 5.3%, LG Display Co Ltd (NYSE:LPL) is currently trading at $15.75 per share. So far today, the company's volume is 664,216 shares.

Generac Holdings (NYSE:GNRC) is down 5.3% to reach $32.65 per share. At 2.5 million shares, the company's volume so far today is more than yesterday's 1.2 million shares.

Rising 5.1%, ASML Holding N.V (Nasdaq:ASML) is currently trading at $62.25 per share. So far today, 1.4 million shares have changed hands. This is 0.6 times the average volume over the last three months.

Belden (NYSE:BDC) has risen 4.9% and is currently trading at $38.03 per share. At 192,582 shares, the company's volume so far today is 0.8 times the average daily volume.

Increasing 4.8%, Plantronics (NYSE:PLT) is trading at $34.38 per share. So far today, 111,916 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. 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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