The Technology sector (XLK) showed little movement while the S&P 500 gained 0.7% during trading today.
Although it went in the opposite direction of the market today, the ETF tracked closer to the overall market today than over the past month. Entering today's trading, XLK was down 0.1% over the last thirty trading days while the S&P 500 was up 1.7%.
Tudou Hldg (TUDO) was a major loser in the sector. Its price dropped 11.3% (-$3.10) to close at $24.34, as 282,880 shares moved. The stock traded in a range of $24.22 to $27.30.
Proto Labs (PRLB) was a significant gainer in the sector, rising 10.6%. The stock closed at $37.73 with 174,659 shares moving. The stock traded in a range of $34.11 to $38.52.
MOCON (MOCO) rose 4.2% to close at $15.95, crossing its 50-day moving average of $15.32. Meanwhile, AsiaInfo-Linkage (ASIA) dropped 7.3% to close at $10.85, moving below its 200-day moving average or $11.38.
MICROS Systems (MCRS) rose 1.7% to close at $48.88, approaching its 50-day moving average of $51.12. It has also moved closer to its 200-day moving average of $52.11.
Franklin Electric (FELE) hit a new 52-week high today, reaching $58.16 to top the previous high of $54.76.
SINA Corporation (SINA) hit a new 52-week low today, hitting $43.12 to fall below the previous low of $46.50.