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)

  • SYNNEX Corporation (NYSE:SNX): The shares closed at $27.26, up $2.35, or 9.43%, on the day. Its market capitalization is $994.68 million. About the company: SYNNEX Corporation provides information technology supply chain services. The Company offers services to original equipment manufacturers and software publishers worldwide. SYNNEX offers product distribution, related logistics services, and contract assembly.
  • 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.
  • Jabil Circuit, Inc. (NYSE:JBL): The shares closed at $18.84, up $1.46, or 8.4%, on the day. Its market capitalization is $4.12 billion. About the company: Jabil Circuit, Inc. is an electronic manufacturing services provider for international electronics companies in the communications, personal computer, peripheral, consumer, and automotive markets. The Company offers circuit design, board design from schematic, prototype assembly, volume board assembly, system assembly, repair, and warranty services.
  • Saba Software, Inc. (NASDAQ:SABA): The shares closed at $6.00, up $0.39, or 6.95%, on the day. Its market capitalization is $176.05 million. About the company: Saba Software, Inc. provides people systems software that combine people learning, people performance and people collaboration solutions. The Company’s customers include global organizations, financial services, life sciences, healthcare, high tech, automotive, manufacturing, energy, utilities, packaged goods, and public sector organisations. Saba has offices on five continents.
  • Actions Semicond. Co (NASDAQ:ACTS): The shares closed at $2.05, up $0.1, or 5.13%, on the day. Its market capitalization is $142.84 million. About the company: Actions Semiconductor Co. Ltd. is an IC design company. The Company provides system-on-a chip solutions for the development and manufacture of personal media or MP3 players.

Losers (% price change)

  • Sohu.com Inc. (NASDAQ:SOHU): The shares closed at $53.11, down $6.73, or 11.25%, on the day. Its market capitalization is $2.03 billion. About the company: Sohu.com Inc. operates an Internet portal in China. The Company’s Web site consists of Chinese language Web navigational and search capabilities, Web-based communications services, and a platform for e-commerce services.
  • Photronics, Inc. (NASDAQ:PLAB): The shares closed at $5.34, down $0.62, or 10.4%, on the day. Its market capitalization is $319.50 million. About the company: Photronics, Inc. manufactures photomasks, which are high precision quartz plates that contain microscopic images of electronic circuits. The Company’s products are used to transfer circuit patterns onto semiconductor wafers during the fabrication of integrated circuits. Photronics operates manufacturing facilities in Asia, Europe, and North America.
  • First Solar, Inc. (NASDAQ:FSLR): The shares closed at $64.79, down $7.48, or 10.35%, on the day. Its market capitalization is $5.59 billion. About the company: First Solar, Inc. designs and manufactures solar modules. The Company uses a thin film semiconductor technology to manufacture electricity-producing solar modules.
  • Global Sources Ltd (NASDAQ:GSOL): The shares closed at $6.67, down $0.77, or 10.35%, on the day. Its market capitalization is $224.84 million. About the company: Global Sources Ltd. creates and facilitates global trade between buyers and suppliers. The Company’s integrated sourcing and marketing solutions enable importers to buy, and exporters to sell, more effectively and profitably. Global Sources aggregates and formats industry-specific supplier and product information, then delivers this content to its buyer community worldwide.
  • Houston Wire & Cable Co. (NASDAQ:HWCC): The shares closed at $11.87, down $1.28, or 9.73%, on the day. Its market capitalization is $210.89 million. About the company: Houston Wire & Cable Company wholesales wire and cable to the electricity distribution market. The Company buys its products from wire and cable manufacturers.

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

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