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)

  • ION Geophysical Corp. (NYSE:IO): The shares closed at $6.20, up $0.69, or 12.52%, on the day. Its market capitalization is $961.86 million. About the company: ION Geophysical Corporation provides geophysical technology, services, and solutions for the global oil and gas industry.
  • LG Display Co Ltd. (NYSE:LPL): The shares closed at $9.29, up $0.87, or 10.33%, on the day. Its market capitalization is $6.65 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.
  • Hurco Companies, Inc. (NASDAQ:HURC): The shares closed at $23.98, up $2.21, or 10.15%, on the day. Its market capitalization is $154.45 million. About the company: Hurco Companies, Inc. designs and produces interactive computer controls, software, and computerized machine systems for the worldwide metal cutting and metal forming industry. The Company’s customers include independent job shops and short-run manufacturing operations within large corporations. Hurco’s products are sold in the United States, Europe, and Asia.
  • Internet Gold Golden (NASDAQ:IGLD): The shares closed at $11.47, up $1.05, or 10.08%, on the day. Its market capitalization is $220.26 million. About the company: Internet Gold-Golden Lines Ltd. is an Internet service provider in Israel. The Company provides Internet services to residential and business subscribers, including Internet access and related value-added services, as well as electronic commerce portal services.
  • Power-One, Inc. (NASDAQ:PWER): The shares closed at $5.05, up $0.45, or 9.78%, on the day. Its market capitalization is $524.16 million. About the company: Power-One, Inc. designs and manufactures power conversion products primarily for the communications infrastructure market. The Company sells its products to customers in the communications, automatic test equipment, medical equipment, industrial, transportation, and other electronic equipment industries.

Losers (% price change)

  • Rimage Corporation (NASDAQ:RIMG): The shares closed at $11.50, down $1.33, or 10.37%, on the day. Its market capitalization is $108.91 million. About the company: Rimage Corporation designs, manufactures, and markets CD recordable (CD-R) and computer diskette duplication and production equipment. The Company provides high volume data duplication services on tape, diskette, CD-R, and CD-ROM. Rimage markets its products under The Perfect Image brand name.
  • VASCO Data Security Intl (NASDAQ:VDSI): The shares closed at $5.76, down $0.26, or 4.32%, on the day. Its market capitalization is $219.13 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.
  • IPG Photonics Corporation (NASDAQ:IPGP): The shares closed at $53.53, down $1.49, or 2.71%, on the day. Its market capitalization is $2.54 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.
  • Illumina, Inc. (NASDAQ:ILMN): The shares closed at $26.49, down $0.69, or 2.54%, on the day. Its market capitalization is $3.29 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.
  • BMC Software, Inc. (NASDAQ:BMC): The shares closed at $38.28, down $0.96, or 2.45%, on the day. Its market capitalization is $7.04 billion. About the company: BMC Software, Inc. provides management solutions for mainframe and distributed information technology systems. The Company’s portfolio of software solutions spans enterprise systems, applications, databases and IT process management. BMC also provides maintenance and support for its products and performs software implementation, integration and education services for its customers.

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

Advantage: Check out our interactive stock charts, fundamentals, Twitter stream, and more >>

Improve Your 2011 Financial Health: Join the winning team of stock pickers with Wall St. Cheat Sheet’s acclaimed premium newsletter>>

More from The Cheat Sheet