Technology Sector Review: Winning and Losing Stocks

Wall St. Watchdog reveals information about today’s action in the Technology (NYSE:XLK) sector:

Gainers (% price change)

  • Quantum Corporation (NYSE:QTM): The shares closed at $2.02, up $0.19, or 10.38%, on the day. Its market capitalization is $468.44 million. About the company: Quantum Corporation designs and manufactures storage products. The Company sells a variety of storage products to original equipment manufacturers and distribution customers worldwide. Storage products include DLTtape drives, DLTtape media cartridges, and tape libraries.
  • ClickSoftware Tech. Ltd. (NASDAQ:CKSW): The shares closed at $8.22, up $0.77, or 10.34%, on the day. Its market capitalization is $181.25 million. About the company: ClickSoftware Technologies Ltd. provides service optimization and workforce management solutions that enable customer-driven organizations to provide service through accurate workload forecasting, resource planning and scheduling optimization. The Company’s solutions are aimed at saving organizations money and increasing customer satisfaction.
  • Sonus Networks, Inc. (NASDAQ:SONS): The shares closed at $2.24, up $0.19, or 9.27%, on the day. Its market capitalization is $623.87 million. About the company: Sonus Networks, Inc. provides voice infrastructure products. The Company’s hardware and software enables customers to deploy an integrated, packet-based network carrying both voice and data traffic. Sonus markets and sells its products to service providers, including long distance carriers, wholesale carriers, Internet service providers, and cable operators.
  • Descartes Systems Group (NASDAQ:DSGX): The shares closed at $6.59, up $0.54, or 8.93%, on the day. Its market capitalization is $410.63 million. About the company: The Descartes Systems Group Inc. provides inter-enterprise software for the execution of supply-chain management, especially for delivery-intensive companies. The Company’s products allow users to share and process information via the Internet. Descartes licenses software to customers worldwide.
  • Cypress Semicond. Corp. (NASDAQ:CY): The shares closed at $10.56, up $0.86, or 8.87%, on the day. Its market capitalization is $1.64 billion. About the company: Cypress Semiconductor Corporation designs, develops, manufactures, and markets a line of digital and mixed-signal integrated circuits. The Company’s circuits are used in the data communications, telecommunications, computers, and instrumentation systems markets. Cypress’ products are marketed worldwide through a network of sales offices, distributors, and sales representative firm.

Losers (% price change)

  • Datalink Corporation (NASDAQ:DTLK): The shares closed at $7.18, down $0.93, or 11.47%, on the day. Its market capitalization is $125.75 million. About the company: Datalink Corporation is an information architect. The Company analyzes, designs, implements, and supports information storage infrastructure that store, protect, and provide continuous access to information. Datalink’s specialized capabilities and solutions span various networked storage products, incorporating hardware, software, and technical services.
  • American Superconductor (NASDAQ:AMSC): The shares closed at $4.27, down $0.39, or 8.37%, on the day. Its market capitalization is $216.50 million. About the company: American Superconductor Corporation is an energy technologies company that offers solutions based upon its programmable power electronic converters and high temperature superconductor (NYSE:HTS) wires. The Company serves the utility, industrial and wind power markets.
  • Canadian Solar Inc. (NASDAQ:CSIQ): The shares closed at $4.35, down $0.25, or 5.43%, on the day. Its market capitalization is $189.04 million. About the company: Canadian Solar Inc. designs, manufactures, and sells solar module products that convert sunlight into electricity for a variety of uses. The Company’s products include a range of standard solar modules for use in a wide range of residential, commercial, and industrial solar power generation systems.
  • Trina Solar Limited (NYSE:TSL): The shares closed at $7.11, down $0.31, or 4.18%, on the day. Its market capitalization is $564.53 million. About the company: Trina Solar Limited manufactures solar-power products including photovoltaic wafers, ingots, cells and modules. The Company’s solar modules provide environmentally-friendly electric power for residential, commercial, industrial, and other applications worldwide.
  • Nova Measuring (NASDAQ:NVMI): The shares closed at $5.51, down $0.22, or 3.84%, on the day. Its market capitalization is $144.77 million. About the company: Nova Measuring Instruments Ltd. develops, produces, and markets monitoring and measurement systems for the semiconductor manufacturing industry. The Company provides integrated monitoring and process control systems for other integrated circuit manufacturing processes.

(Note: Selected financial data are sourced from Google Finance. All data are assumed to be accurate.)

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