Technology sector finished higher on Tuesday’s trading session and sector moved up +0.54%. If we look at the best movers of the technology sector so Supertex, Inc (NASDAQ:SUPX) and Ebix Inc (NASDAQ:EBIX) were major percentage gainers while major percentage decliner was DealerTrack Technologies Inc (NASDAQ:TRAK).
Applied Materials, Inc (NASDAQ:AMAT) picked Bob Halliday as chief financial officer of semiconductor-equipment company, replacing George S. Davis, who reported his departure previous month after being hired for the same position at chip maker Qualcomm, Inc (NASDAQ:QCOM).
Applied Materials, Inc.’s YTD performance was recorded as 19.88% while its market capitalization was $16.32 billion. The company has P/B ratio of 2.29. Institutional ownership owns 78.28% shares of the company while beta factor, which is used to measure riskiness of the security, was 1.21. Net profit margin of the company was 0.32% while its gross profit margin was 38.27%.
The Menlo Park, California based Facebook Inc (NASDAQ:FB) reported on Tuesday that its popular photo-sharing service, Instagram, presently has 100 million users.
Co-founder of Instagram Kevin Systrom wrote in a blog post over 100 million people use Instagram every month, nearly 2 and half years later.
Facebook Inc has market capitalization of $65.25 billion. Its current ratio was 10.71 while its shares were lagging behind SMA50 with -4.85. The company offered earnings per share of 0.01 while its 2.38 billion shares were outstanding. YTD performance of the stock was 2.89%.
Yahoo! Inc. (NASDAQ:YHOO) has the market capitalization of $24.55 billion. The company’s EPS was 3.29 while its 1.18 billion shares were outstanding. Its institutional ownership was 71.19%. Shares of the company were moving ahead of SMA50 with 3.74% while its YTD performance was 4.32%.
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