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)

  • American Superconductor (NASDAQ:AMSC): The shares closed at $4.46, up $0.58, or 14.95%, on the day. Its market capitalization is $226.87 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.
  • LG Display Co Ltd. (NYSE:LPL): The shares closed at $8.65, up $0.93, or 12.05%, on the day. Its market capitalization is $6.19 billion. About the company: LG Display Company Ltd. develops and manufactures digital display products. The Company’s products include thin film transistor-liquid crystal displays (TFT-LCD) for notebook and desktop computer monitors, TVs, and mobile phones. LG Display provides its products to overseas and domestic markets.
  • KVH Industries, Inc. (NASDAQ:KVHI): The shares closed at $8.09, up $0.7, or 9.47%, on the day. Its market capitalization is $120.54 million. About the company: KVH Industries, Inc. designs and manufactures products that enable mobile communication, navigation, and direction sensing through the use of its proprietary in-motion satellite antenna and fiber optic technologies. KVH serves multiple markets, including military navigation/stabilization and mobile satellite communications for vessels, RV’s and automobiles.
  • 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.
  • Computer Task Group, Inc. (NASDAQ:CTGX): The shares closed at $11.20, up $0.76, or 7.28%, on the day. Its market capitalization is $207.99 million. About the company: Computer Task Group, Incorporated provides business consulting, electronic business, and information technology management solutions. The Company plans, designs, implements, and maintains start-to-finish application and information technology solutions.

Losers (% price change)

  • Advanced Micro Devices (NYSE:AMD): The shares closed at $5.31, down $0.84, or 13.66%, on the day. Its market capitalization is $3.67 billion. About the company: Advanced Micro Devices, Inc. manufactures semiconductor products. The Company manufactures products that include microprocessors, embedded microprocessors, chipsets, graphics, video and multimedia products. Advanced Micro Devices, Inc. offers its products on a global basis.
  • AuthenTec, Inc. (NASDAQ:AUTH): The shares closed at $3.28, down $0.42, or 11.35%, on the day. Its market capitalization is $143.69 million. About the company: AuthenTec, Inc. manufactures fingerprint authentication sensors. The Company produces sensors for personal computers, wireless devices, and building security.
  • Spreadtrum Communications (NASDAQ:SPRD): The shares closed at $16.75, down $2.06, or 10.95%, on the day. Its market capitalization is $794.74 million. About the company: Spreadtrum Communications, Inc. is a fabless semiconductor company that designs, develops, and markets baseband processor solutions for the wireless communications market.
  • IPG Photonics Corporation (NASDAQ:IPGP): The shares closed at $46.59, down $5.48, or 10.52%, on the day. Its market capitalization is $2.21 billion. About the company: IPG Photonics Corporation produces high-power fiber lasers and amplifiers. The Company develops and commercializes optical fiber-based lasers used in a wide range of applications such as materials processing, telecommunications and medical applications.
  • SINA Corporation (NASDAQ:SINA): The shares closed at $73.23, down $7.87, or 9.7%, on the day. Its market capitalization is $4.82 billion. About the company: SINA Corporation is a global Internet media company operating Chinese-language destination sites. The Company offers a network of branded content and services targeting people of Chinese descent worldwide. SINA.com offers online news, entertainment, community, and commerce through web sites that are produced and updated by local teams in China, Hong Kong, Taiwan, and North America.

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

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