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TheStreet Open House
EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stock Under $10 that he thinks could potentially double or triple in the next 6 to 12-months. See what he's trading today with a 14-day FREE pass.

3 Stocks Underperforming Today In The Technology Sector

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 44 points (0.3%) at 15,464 as of Tuesday, Aug. 13, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,183 issues advancing vs. 1,800 declining with 78 unchanged.

The Technology sector currently sits up 2.2% versus the S&P 500, which is up 0.2%. On the negative front, top decliners within the sector include IHS ( IHS), down 5.2%, Salesforce.com ( CRM), down 1.6%, Verizon Communications ( VZ), down 0.9%, Microsoft Corporation ( MSFT), down 0.8% and AT&T ( T), down 0.7%. Top gainers within the sector include Voltari ( VLTC), up 1570.4%, CSR ( CSRE), up 177.0%, BlackBerry ( BBRY), up 10.7%, Xerox Corporation ( XRX), up 3.4% and Wipro ( WIT), up 3.1%.

TheStreet would like to highlight 3 stocks pushing the sector lower today:

3. China Unicom (Hong Kong ( CHU) is one of the companies pushing the Technology sector lower today. As of noon trading, China Unicom (Hong Kong is down $0.15 (-1.0%) to $15.32 on light volume. Thus far, 185,232 shares of China Unicom (Hong Kong exchanged hands as compared to its average daily volume of 495,200 shares. The stock has ranged in price between $15.29-$15.53 after having opened the day at $15.50 as compared to the previous trading day's close of $15.47.

China Unicom (Hong Kong) Limited, an investment holding company, engages in the provision of cellular, fixed line, and broadband services in China. China Unicom (Hong Kong has a market cap of $36.0 billion and is part of the telecommunications industry. Shares are down 5.0% year to date as of the close of trading on Monday. Currently there are 2 analysts that rate China Unicom (Hong Kong a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates China Unicom (Hong Kong as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, impressive record of earnings per share growth and compelling growth in net income. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and poor profit margins. Get the full China Unicom (Hong Kong Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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