Technology Stocks, December 3 – PC Connection Among Biggest Gainers

Technology Stocks, December 3 - PC Connection Among Biggest GainersPC Connection Inc. (NASDAQ: PCCC) made the most significant jump in yesterday’s trading, as the company closed at $23.36 per share after a gain of 7.95 percent, or $1.72. PC Connection’s market capitalization is now valued at $611.31 million following Tuesday’s rather substantial gain. The company is a direct marketer of different information technology (IT) solutions, and a provider of IT products such as computer systems, software and peripheral equipment, among other products and accessories.

Other companies in the technology sector that made notable gains were QuickLogic Corporation (NASDAQ: QUIK), which added 5.45 percent to $3.48 per share for a gain of $0.18, MakeMyTrip Limited (NASDAQ: MMYT), which is now at $16.85 per share after adding 5.31 percent ($0.85), Imation Corp. (NYSE: IMN), which improved by 4.52 percent ($0.20) to $4.62 per share, and Neonode Inc. (NASDAQ: NEON), which is trading at $6.31 per share after a gain of 4.13 percent ($0.25). Market capitalization is now at $182.28 million for QuickLogic, $632.92 million for MakeMyTrip, $193.14 million for Imation, and $239.33 million for Neonode.

Camtek Ltd. (NASDAQ: CAMT) was, by far, the biggest loser in December 3’s trading session, as the company lost 20.35 percent, or $1.17, to $4.58. It was, however, not the only tech company losing double digits at the close of yesterday’s trading, as Servicesource International. Inc. (NASDAQ: SREV) fell by 10.41 percent, or $0.99, to $8.52 per share.

Market capitalization is valued at $137.61 million for Camtek and $690.94 million for Servicesource. Camtek Ltd. Is a designer, developer, manufacturer and marketer of automated solutions meant to improve production processes and yield in the semiconductor manufacturing space, while Servicesource is a service revenue management company.

The rest of the top five losers in the tech sector included UniPixel Inc. (NASDAQ: UNXL), which fell 7.05 percent ($0.89) to $11.73 per share, Descartes Systems Group (USA) (NASDAQ: DSGX), which retreated 6.12 percent ($0.85) to $13.04, and Rackspace Hosting Inc. (NYSE: RAX), which is now at $35.52 per share after a decline of 5.28 percent, or $1.98. Market capitalization is now at $143.53 million for UniPixel, $818.54 million for Descartes Systems, and $4.97 billion for Rackspace.

It was a largely familiar cast among the tech sector’s most actives in terms of dollar volume, as Apple, Inc. (NASDAQ: AAPL) continued its positive momentum amid reports of the iPhone 5C doing better than once stated. AAPL stock is trading at $566.32 per share after a climb of 2.74 percent, or $15.09, and the Cupertino, Calif. company now has a market capitalization of $509.54 billion.

Other most actives for December 3 included Microsoft Corporation (NASDAQ: MSFT), which slipped 0.36 percent ($0.14) to $38.31 per share, Google, Inc. (NASDAQ: GOOG), which is now at $1,053.26 per share after a slide of 0.12 percent ($1.22), Amazon.com, Inc. (NASDAQ: AMZN), which is trading at $384.66 per share after losing 1.95 percent, or $7.64, and Cisco Systems Inc. (NASDAQ: CSCO), whose stock is valued at $21.26 after a climb of 0.81 percent, or $0.17. Market capitalization is $319.81 billion for Microsoft, $351.88 billion for Google, $176.07 billion for Amazon, and $113.67 for Cisco.