Technology Sector Review: Winning and Losing Stocks

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

Gainers (% price change)

  • Fundtech Ltd. (NASDAQ:FNDT): The shares closed at $23.18, up $5.62, or 32%, on the day. Its market capitalization is $363.73 million. About the company: Fundtech Ltd. is a provider of software solutions and services to financial institutions around the world. The company develops and sells products that enable banks to automate their corporate banking activities. Fundtech offers products in five business segments: payments, cash management, settlements, financial messaging, and post-trade securities settlement.
  • China Techfaith Wireless (NASDAQ:CNTF): The shares closed at $2.43, up $0.27, or 12.5%, on the day. Its market capitalization is $128.63 million. About the company: China Techfaith Wireless Communication Technology Limited designs mobile handsets and develops smart phones. The Company serves Chinese and international mobile handset brand owners.
  • 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.
  • GSI Group Inc. (NASDAQ:GSIG): The shares closed at $9.22, up $0.74, or 8.73%, on the day. Its market capitalization is $307.58 million.
  • Semicond. Manufacturing (NYSE:SMI): The shares closed at $3.13, up $0.25, or 8.68%, on the day. Its market capitalization is $1.72 billion. About the company: Semiconductor Manufacturing International Corporation manufactures, trades, packages, tests, and provides computer-aided design integrated circuits. The Company also provides other semiconductor services. In addition, Semiconductor designs masks.

Losers (% price change)

  • Perfect World Co., Ltd (NASDAQ:PWRD): The shares closed at $13.92, down $3.35, or 19.4%, on the day. Its market capitalization is $691.56 million. About the company: Perfect World Co Limited develops and operates online games. The Company primarily develops 3D gaming technologies.
  • American Superconductor (NASDAQ:AMSC): The shares closed at $6.01, down $1.07, or 15.11%, on the day. Its market capitalization is $304.72 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.
  • Aixtron AG (NASDAQ:AIXG): The shares closed at $16.75, down $2.63, or 13.57%, on the day. Its market capitalization is $1.69 billion. About the company: Aixtron AG engineers and manufactures metal organic chemical vapor deposition (MOCVD) equipment for the semiconductor industry. The Company’s customers use its equipment to produce compound semiconductor layer structures for use in LED, laser, solar cell, transistor, telecommunications, and other applications. Aixtron markets its products worldwide.
  • AXT, Inc. (NASDAQ:AXTI): The shares closed at $6.19, down $0.45, or 6.78%, on the day. Its market capitalization is $198.63 million. About the company: AXT, Inc. uses a proprietary crystal growth technique to produce semiconductor substrates for a variety of electronic and optoelectronic applications. The Company’s products are used in wireless and fiber optic telecommunications, lasers, LEDs, satellite solar cells, and consumer electronics.
  • JA Solar Hldgs. Co., Ltd (NASDAQ:JASO): The shares closed at $2.47, down $0.14, or 5.36%, on the day. Its market capitalization is $422.37 million. About the company: JA Solar Holdings Company, Ltd. manufactures solar cells. The Company sells its products principally to solar module manufacturers, which assemble and integrate its products into modules and systems.

(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>>