Technology Sector Review: Winning and Losing Stocks on Oct 12th

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

Gainers (% price change)

  • DealerTrack Hldgs., Inc. (NASDAQ:TRAK): The shares closed at $19.26, up $1.85, or 10.63%, on the day. Its market capitalization is $797.58 million. About the company: DealerTrack Holdings Inc. provides on-demand software and data solutions for the automotive retail industry in the United States. The Company utilizes the Internet to link automotive dealers with banks, finance companies, credit unions and other financing sources, and other service and information providers, such as the major credit reporting agencies.
  • KVH Industries, Inc. (NASDAQ:KVHI): The shares closed at $8.53, up $0.81, or 10.49%, on the day. Its market capitalization is $127.09 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.
  • MoSys Inc. (NASDAQ:MOSY): The shares closed at $3.93, up $0.36, or 10.08%, on the day. Its market capitalization is $149.61 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.
  • Coleman Cable, Inc. (NASDAQ:CCIX): The shares closed at $9.34, up $0.81, or 9.5%, on the day. Its market capitalization is $163.74 million. About the company: Coleman Cable Inc. manufactures electrical and electronic wire and cable products. The Company’s products range from coaxial cables used to connect audio and video devices to automotive spark plug wires and battery cables.
  • 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.

Losers (% price change)

  • Brocade Communications (NASDAQ:BRCD): The shares closed at $4.50, down $0.37, or 7.6%, on the day. Its market capitalization is $2.21 billion. About the company: Brocade Communications Systems, Inc. provides switching solutions for storage area networks (NYSE:SAN). The Company’s switching solutions utilize the fiber channel interconnect protocol. Brocade’s family of SilkWorm switches enables a company to manage growth of its data storage requirements, improve the data transfer performance, and increase the size of its SAN.
  • InterDigital, Inc. (NASDAQ:IDCC): The shares closed at $48.46, down $3.62, or 6.95%, on the day. Its market capitalization is $2.20 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.
  • Tellabs, Inc. (NASDAQ:TLAB): The shares closed at $4.27, down $0.24, or 5.32%, on the day. Its market capitalization is $1.56 billion. About the company: Tellabs, Inc. designs, manufactures, markets, and services voice, data, and video transport and network access systems. The Company’s products are used worldwide by public telephone companies, long-distance carriers, alternate service providers, cellular service providers, cable operators, government agencies, utilities, and business end-users.
  • Western Digital Corp. (NYSE:WDC): The shares closed at $27.55, down $1.33, or 4.61%, on the day. Its market capitalization is $6.42 billion. About the company: Western Digital Corporation designs and manufactures hard drives for desktop computers and home entertainment applications.
  • EXFO Electro-Optical (NASDAQ:EXFO): The shares closed at $5.76, down $0.25, or 4.16%, on the day. Its market capitalization is $346.99 million. About the company: EXFO, Inc. designs, manufactures, and markets fiber optic test, measurement, and monitoring instruments for the telecommunications industry. The Company’s equipment is used to diagnose and repair problems within an optical network, monitor the quality of an optical signal as it passes through a network, and analyze equipment during production.

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

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