3 Stocks Pushing The Technology Sector Lower

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The Technology sector as a whole closed the day down 1.1% versus the S&P 500, which was down 1.3%. Laggards within the Technology sector included Cover-All Technologies ( COVR), down 1.8%, LookSmart ( LOOK), down 11.5%, Nortech Systems ( NSYS), down 4.1%, Glowpoint ( GLOW), down 2.1% and Intelligent Systems ( INS), down 3.6%.

TheStreet Ratings Group would like to highlight 3 stocks that pushed the sector lower today:

Glowpoint ( GLOW) is one of the companies that pushed the Technology sector lower today. Glowpoint was down $0.02 (2.1%) to $0.93 on heavy volume. Throughout the day, 31,300 shares of Glowpoint exchanged hands as compared to its average daily volume of 20,100 shares. The stock ranged in price between $0.90-$0.94 after having opened the day at $0.93 as compared to the previous trading day's close of $0.95.

Glowpoint has a market cap of $36.5 million and is part of the telecommunications industry. Shares are down 7.3% year-to-date as of the close of trading on Thursday.

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