NVIDIA Corporation (NVDA): Today's Featured Technology Laggard
Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model. NVIDIA Corporation (NVDA) pushed the Technology sector lower today making it today's featured Technology laggard. The sector as a whole closed the day up 1.3%. By the end of trading, NVIDIA Corporation fell 22 cents (-1.8%) to $12.04 on average volume. Throughout the day, 12.1 million shares of NVIDIA Corporation exchanged hands as compared to its average daily volume of 11 million shares. The stock ranged in price between $12-$12.34 after having opened the day at $12.28 as compared to the previous trading day's close of $12.26. Other companies within the Technology sector that declined today were: Liquidity Service (LQDT), down 13.5%, Astea International (ATEA), down 13.2%, Kingtone Wirelessinfo Solution (KONE), down 11.8%, and IXYS Corporation (IXYS), down 10.1%.
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