On a trading day that saw the S&P 500 gain 0.1%, the Technology sector (XLK) showed little change.
The ETF, as a proxy for the sector, tracked closer to the overall market today than over the past month. Entering today's trading, XLK was up 6.4% over the last thirty trading days. The S&P 500, in comparison, went up 3.4%.
Brightcove (BCOV) was a major loser in the sector. Its price dropped 9.9% (-$1.29) to close at $11.69, as two million shares moved. The stock traded in a range of $11.43 to $12.50.
Pegasystems (PEGA) was a significant gainer in the sector, rising 6.6%. The stock closed at $27.57 with 303,280 shares moving. The stock traded in a range of $25.90 to $27.69. Over the last three months, the stock has lost $4.52 (-14.1%) from a price of $32.09 on May 18, 2012.
Sourcefire (FIRE) rose 5.6% to close at $49.45, cross its 50-day moving average of $47.39 and 200-day moving average of $46.82. SINA Corporation (SINA) declined 1.3% to close at $50.90, moving below its 50-day moving average of $48.93 and 200-day moving average of $56.54.
Hill-Rom Holdings (HRC) rose 5.4% to close at $27.70, approaching its 50-day moving average of $28.82. It has also moved closer to its 200-day moving average of $31.23.
Ellie Mae (ELLI) hit a new 52-week high today, reaching $27.05 to top the previous high of $26.15.