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)

  • Silicon Motion Tech. Corp (NASDAQ:SIMO): The shares closed at $13.43, up $1.49, or 12.48%, on the day. Its market capitalization is $415.39 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.
  • 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.
  • AMETEK, Inc. (NYSE:AME): The shares closed at $35.52, up $2.6, or 7.9%, on the day. Its market capitalization is $5.74 billion. About the company: AMETEK, Inc. is a global manufacturer of electronic instruments and electromechanical devices. The Company manufactures advanced instruments for process, aerospace, power and industrial markets and is a supplier of electrical interconnects, specialty metals, technical motors and systems, and floor care and specialty motors.
  • Riverbed Technology, Inc. (NASDAQ:RVBD): The shares closed at $22.33, up $1.63, or 7.87%, on the day. Its market capitalization is $3.47 billion. About the company: Riverbed Technology, Inc. manufactures and markets appliances used to connect computers in wide area networks.
  • Hexcel Corporation (NYSE:HXL): The shares closed at $21.20, up $1.45, or 7.34%, on the day. Its market capitalization is $2.09 billion. About the company: Hexcel Corporation develops, manufactures, and markets reinforcement products, composite materials, and engineered products. The Company’s products are used in the commercial aerospace, space and defense, electronics, general industrial, and recreation markets for a variety of end products. Hexcel operates around the world.

Losers (% price change)

  • InterDigital, Inc. (NASDAQ:IDCC): The shares closed at $49.54, down $8.27, or 14.31%, on the day. Its market capitalization is $2.25 billion. About the company: InterDigital, Inc. develops technology for advanced digital wireless telecommunications applications. The Company offers both time division multiple access and wide band code division multiple access proprietary and standards compliant digital wireless technology to customers, licensees, and companies.
  • American Superconductor (NASDAQ:AMSC): The shares closed at $4.66, down $0.42, or 8.27%, on the day. Its market capitalization is $236.27 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.
  • NetEase.com, Inc. (NASDAQ:NTES): The shares closed at $39.25, down $2.51, or 6.01%, on the day. Its market capitalization is $203.35 million. About the company: NetEase.com Inc. is an Internet technology company that develops applications, services and other Internet technologies in China. The Company provides online gaming services thatinclude in-house developed massively multi-player online role-playing games and licensed titles. NetEase also provides free email and various channels of content, online advertising, search and community services.
  • Brooks Automation, Inc (NASDAQ:BRKS): The shares closed at $7.81, down $0.48, or 5.79%, on the day. Its market capitalization is $515.93 million. About the company: Brooks Automation, Inc. delivers automation solutions to the global semiconductor and related industries. The Company’s hardware, factory/tool management software, and professional services can manage every wafer, reticle, and data movement in the Fab. Brooks helps semiconductor manufacturers optimize throughput, yield, and cost reduction.
  • SINA Corporation (NASDAQ:SINA): The shares closed at $82.34, down $4.57, or 5.26%, on the day. Its market capitalization is $5.42 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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