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)

  • IPG Photonics Corporation (NASDAQ:IPGP): The shares closed at $55.02, up $7.26, or 15.2%, on the day. Its market capitalization is $2.61 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.
  • 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.
  • Silicon Motion Tech. Corp (NASDAQ:SIMO): The shares closed at $13.26, up $0.77, or 6.16%, on the day. Its market capitalization is $410.13 million. About the company: Silicon Motion Technology Corporation is a semiconductor company that designs, develops, and markets semiconductor products for the multimedia consumer electronics market. The Company’s products include controllers used in mobile storage media and multimedia systems on a chip.
  • Cree, Inc. (NASDAQ:CREE): The shares closed at $27.91, up $1.55, or 5.88%, on the day. Its market capitalization is $3.23 billion. About the company: Cree, Inc. develops and manufactures semiconductor materials and electronic devices made from silicon carbide (SiC). The Company uses proprietary technology to make enabling compound semiconductors such as blue and green light emitting diodes, SiC crystals used in the production of unique gemstones, and SiC wafers that are sold for device production and research.
  • VASCO Data Security Intl (NASDAQ:VDSI): The shares closed at $6.02, up $0.29, or 5.06%, on the day. Its market capitalization is $229.02 million. About the company: VASCO Data Security International, Inc., through its operating subsidiaries, designs, develops, markets, and supports open standards-based hardware and software security systems. The Company’s systems manage and secure access to information assets. VASCO Data’s computer security subsidiaries include VASCO Data Security, Inc. in Illinois, and VASCO Data Security nv/sa of Belgium.

Losers (% price change)

  • Illumina, Inc. (NASDAQ:ILMN): The shares closed at $27.18, down $12.75, or 31.93%, on the day. Its market capitalization is $3.38 billion. About the company: Illumina, Inc. develops, manufactures and markets integrated systems for the large scale analysis of genetic variation and biological function. The Company provides a comprehensive line of products and services that currently serve the sequencing, genotyping and gene expression markets for genomic research centers, pharmaceutical companies, academic institutions and biotechnology companies.
  • Trina Solar Limited (NYSE:TSL): The shares closed at $6.02, down $2.06, or 25.5%, on the day. Its market capitalization is $477.99 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.
  • Canadian Solar Inc. (NASDAQ:CSIQ): The shares closed at $3.39, down $0.44, or 11.49%, on the day. Its market capitalization is $147.32 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.
  • MoSys Inc. (NASDAQ:MOSY): The shares closed at $3.26, down $0.36, or 9.94%, on the day. Its market capitalization is $124.11 million. About the company: MoSys, Inc. designs, develops, licenses, and markets memory technologies used by the semiconductor industry and electronic product manufacturers. The Company’s 1T-SRAM embedded-memory technology offers a combination of high density, low power consumption and high speed.
  • Anaren, Inc. (NASDAQ:ANEN): The shares closed at $19.53, down $1.98, or 9.21%, on the day. Its market capitalization is $293.15 million. About the company: Anaren, Inc. designs, develops, manufactures, and sells integrated microwave component assemblies and subsystems. The Company serves the wireless communications, satellite communications, and defense electronics markets.

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

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