This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Thursday's Tech Winners & Losers

Shares of Ultratech (UTEK - Get Report) were among technology's losers Thursday, sinking 17% after the chip-equipment maker said fourth-quarter results will be worse than expected.

The company now sees a loss of 25 cents to 30 cents a share, wider than its prior forecast for a loss of 10 cents to 15 cents a share. Ultratech projects a sequential revenue decline of 25% to 30%, while its earlier forecast called for a decline of 8% to 10%. Analysts polled by Thomson First Call project a loss of 12 cents a share and revenue of $30.7 million.

"The revenue shortfall is due primarily to delivery push-outs during the quarter reflecting the softer business conditions," Ultratech said. Shares were trading down $2.18 to $10.86.

Jabil Circuit (JBL - Get Report) slid 10% after the electronics services provider warned that second-quarter revenue would be below forecasts. For the recently ended first quarter, Jabil reported revenue of $3.2 billion, up from $2.4 billion a year earlier and topping Wall Street's estimate of $3.17 billion. The company, which is still reviewing its historical stock-option practices, didn't release its bottom-line figures.

Jabil forecast second-quarter revenue of $2.75 billion to $2.85 billion, below analysts' average forecast of $2.91 billion. Shares were down $2.63 to $23.93.

Shares of Sonic Foundry (SOFO - Get Report) tumbled 11% after the software company priced a secondary offering at a substantial discount to Wednesday's closing price of $5.04. The company sold 3 million shares at $3.75 a share, raising $11.25 million. Sonic plans to use proceeds from the offering for research and development, business development activities and other corporate needs. Shares recently changed hands at $4.48, down 56 cents.
1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
HAUP $0.06 0.00%
JBL $22.49 2.60%
PMCS $7.70 3.60%
SOFO $7.81 1.17%
UTEK $16.36 3.70%


Chart of I:DJI
DOW 16,776.43 +304.06 1.85%
S&P 500 1,987.05 +35.69 1.83%
NASDAQ 4,781.2640 +73.4890 1.56%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs