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Tickers in this Article: HSTM, ARMH, MLNX, P, MSTR, YHOO, POWI
The market is having a bad day so far. The Nasdaq has fallen 0.9%; the S&P 500 is trading down 1.5%; and the Dow has declined 1.8%. 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 currently lagging behind the overall market, down 0.9%, and its current biggest movers are:
CompanyMarket CapPercentage Change
HealthStream (Nasdaq:HSTM)$753.5 million-9.3%
ARM Holdings plc (Nasdaq:ARMH)$12.91 billion+8.8%
Mellanox (Nasdaq:MLNX)$2.99 billion-8.1%
Pandora Media (NYSE:P)$1.54 billion+6.6%
MicroStrategy (Nasdaq:MSTR)$1.31 billion-6.4%
Yahoo (Nasdaq:YHOO)$18.68 billion+5.8%
Power Integrations (Nasdaq:POWI)$789.7 million+4.9%
Forex Broker Summary: UFXMarkets

HealthStream (Nasdaq:HSTM) has fallen 9.3% and is currently trading at $26.12 per share. The company's volume for the day so far is 233,181 shares. Yesterday's volume was only 231,924 shares.

ARM Holdings plc (Nasdaq:ARMH) is currently trading at $30.60 per share, a 8.8% increase. So far today, the company's volume is 4.3 million shares, 2.7 times the average daily volume.

Mellanox (Nasdaq:MLNX) is down 8.1% to reach $69.20 per share. So far today, the company's volume is 1.4 million shares.

Pandora Media (NYSE:P) is up 6.6% to reach a current price of $9.70 per share. The company's volume is currently 2.3 million shares for the day, 0.6 times its current three-month average.

At $112.31, MicroStrategy (Nasdaq:MSTR) has slipped 6.4%. The company is trading at a volume of 382,856 shares. Yesterday, volume was only 190,109 shares.

After an increase of 5.8%, Yahoo (Nasdaq:YHOO) has reached a current price of $16.68. So far today, the company's volume is 45.2 million shares, 2.2 times the average daily volume.

Increasing 4.9%, Power Integrations (Nasdaq:POWI) is trading at $28.73 per share. The company is currently trading a volume of 130,871 shares.

The Bottom Line No matter the economic climate, Wall Street will always have stocks that make major moves each week. Paying close attention to the previous ratios will help you identify key times to adjust your strategy. 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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