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)

  • 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.
  • KVH Industries, Inc. (NASDAQ:KVHI): The shares closed at $7.98, up $0.63, or 8.57%, on the day. Its market capitalization is $118.90 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.
  • Support.com, Inc. (NASDAQ:SPRT): The shares closed at $2.43, up $0.18, or 8%, on the day. Its market capitalization is $117.88 million. About the company: Support.com Inc. provides eBusiness infrastructure software. The Company’s software optimizes, automates, and personalizes user support over the Internet. SupportSoft sells its products and services to corporate information technology departments, Internet service providers, application service providers, and support outsourcers.
  • Computer Task Group, Inc. (NASDAQ:CTGX): The shares closed at $11.54, up $0.7, or 6.46%, on the day. Its market capitalization is $214.30 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.
  • Digital River, Inc. (NASDAQ:DRIV): The shares closed at $22.19, up $1.22, or 5.82%, on the day. Its market capitalization is $880.60 million. About the company: Digital River, Inc. provides comprehensive electronic commerce outsourcing solutions to software publishers and online retailers. The Company also provides data mining and merchandising services to assist clients in increasing Internet page view traffic to web sites.

Losers (% price change)

  • Research In Motion Ltd (NASDAQ:RIMM): The shares closed at $23.93, down $5.61, or 18.99%, on the day. Its market capitalization is $12.54 billion. About the company: Research In Motion Limited (RIM) designs, manufactures, and markets wireless solutions for the worldwide mobile communications market. The Company provides platforms and solutions for access to email, phone, SMS messaging, Internet, and Intranet-based applications.
  • American Superconductor (NASDAQ:AMSC): The shares closed at $5.33, down $0.68, or 11.31%, on the day. Its market capitalization is $270.24 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.
  • Stratasys, Inc. (NASDAQ:SSYS): The shares closed at $23.01, down $2.02, or 8.07%, on the day. Its market capitalization is $486.92 million. About the company: Stratasys, Inc. develops, manufactures, and markets rapid prototyping systems. The Company’s systems enable engineers and designers to create physical models, tooling, and prototypes out of plastic and other materials directly from a computer aided design workstation.
  • Yingli Green Energy Hold (NYSE:YGE): The shares closed at $3.84, down $0.3, or 7.25%, on the day. Its market capitalization is $607.45 million. About the company: Yingli Green Energy Holding Company Limited designs, manufactures and sells PV modules. The Company also designs, assembles, sells and installs PV systems that are connected to an electricity transmission grid or those that operate on a stand-alone basis.
  • Trina Solar Limited (NYSE:TSL): The shares closed at $9.61, down $0.62, or 6.06%, on the day. Its market capitalization is $763.03 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.

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

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