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Tickers in this Article: FARO, JDAS, CRUS, FIRE, COHR, ANSS, CTRX
The market is on the rise this morning. The Nasdaq is trading up 1.3%; the S&P 500 has risen 1%; and the Dow has increased 1.2%. 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 up 1.5%, outperforming the market overall. The biggest movers in the sector so far are:
CompanyMarket CapPercentage Change
FARO Technologies (Nasdaq:FARO)$681.2 million-18%
Jda Software Group (Nasdaq:JDAS)$1.64 billion+17.4%
Cirrus Logic (Nasdaq:CRUS)$2.63 billion-14%
Sourcefire (Nasdaq:FIRE)$1.28 billion+13.7%
Coherent (Nasdaq:COHR)$1.08 billion-8.1%
ANSYS (Nasdaq:ANSS)$6.49 billion-7.5%
SXC Health Solutions Corp (Nasdaq:CTRX)$9.67 billion+6.7%
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FARO Technologies (Nasdaq:FARO) is at a share price of $32.95 after a sharp decline of 18%. So far today, 599,643 shares of the company's stock have changed hands. Yesterday, volume was only 70,274 shares.

After a big jump of 17.4%, Jda Software Group (Nasdaq:JDAS) is trading at $44.77 per share. The company's volume is currently 21.8 million shares for the day, 70 times the average daily volume.

Cirrus Logic (Nasdaq:CRUS) is currently trading at $35.09 per share, after a steep drop of 14%. This morning, the company is trading a volume of 9.8 million shares.

Sourcefire (Nasdaq:FIRE) has soared 13.7% to reach a current price of $48.65 per share. The company's volume for the day so far is 2.4 million shares, 2.6 times its average over the past three months.

Coherent (Nasdaq:COHR) has decreased to $41.93 per share, a 8.1% fall. The company's volume for the day so far is 369,959 shares. This is greater than yesterday's volume of 289,486 shares.

ANSYS (Nasdaq:ANSS) is trading at $64.98 per share, down 7.5%. So far today, the company's volume is 795,649 shares, 3.3 times the average daily volume.

SXC Health Solutions Corp (Nasdaq:CTRX) has risen 6.7% to hit a current price of $50.32 per share. The company's volume for the day so far is 1.2 million shares.

The Bottom Line On any given day, a particular stock may see positive or negative change in its share price. 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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