During trading today, both the Technology sector (XLK) and the S&P500 showed little movement.
As a proxy for the sector, the ETF tracked closer to the overall market today than over the past month. Entering today's trading, XLK was up 6.8% over the last thirty trading days. The S&P 500, in comparison, went up 4%.
Angie's List (ANGI) was a major loser in the sector. Its price dropped 16% (-$2.12) to close at $11.17, as 3.5 million shares moved. The stock traded in a range of $10.85 to $12.80.
Velti (VELT) was a major gainer in the sector, rising 11.9% (+84 cents) to close at $7.88 with 5.9 million shares moving. The stock traded in a range of $7.62 to $8.61. Asure Software (ASUR) was another big mover, climbing 38 cents (+5.3%) to a closing price of $7.50.
Finisar Corporation (FNSR) declined 7.7% to close at $13.74, moving below its 50-day moving average of $13.13 and 200-day moving average of $15.83. Intersections (INTX) climbed 3% to close at $13.27, moving past its 200-day moving average of $13.08.
NetQin Mobile (NQ) rose 6.1% to close at $7.45, approaching its 50-day moving average of $7.74. It has also moved closer to its 200-day moving average of $8.42. EMC (CVLT) fell 3.9% to close at $25.71, moving closer to its 50-day moving average of $25.40. Also, the stock moved closer to its 200-day moving average of $48.83.
Datawatch Corporation (DWCH) hit a new 52-week high today, reaching $17.89 to top the previous high of $17.26.
Kayak Software (KYAK) hit a new 52-week low today, hitting $26.12 to fall below the previous low of $28.90.