Here’s five tech stocks to watch as the market begins to rally today.
Dynavox Inc. (NASDAQ:DVOX) is up 26% at $4.28 in afternoon trading. Dynavox announced first quarter fiscal year 2012 results yesterday and beat expectations by $0.03. The company’s net sales increased 21% tot $26.2 million compared to $21.6 million in the same quarter last year. Dyanavox is forecasting an increase in net sales by 3% to 7%. DVOX has traded 188 thousand shares today, triple its average volume. The company has a current market cap of 41.34 million.
CA Technologies (NASDAQ:CA) is up $0.11 at $21.39, a gain of 0.52%. CA announced a quarterly dividend of $0.05 per share yesterday. 2.3 million shares have been traded of CA stock so far today, about half its daily average with 2 hours left in the trading day. The company has a current market cap of 10.53 billion.
Adobe Systems Inc. (NASDAQ:ADBE) is up $0.02 at $28.10 today. ADBE is trading flat one day after saying they will no longer push its flash software on mobile devices. ADBE stock has traded 5.8 million shares today and is on pace to trade its daily average volume. The company has a current market cap of 13.76 billion.
EarthLink Inc. (NASDAQ:ELNK) is up $0.12 at $6.84, a gain of 1.79% today. ELNK is bouncing back a little bit today after the stock followed the rest of the market down yesterday. ELNK has traded 645 thousand shares today, less than its daily average of about 1.6 million shares. The company has a current market cap of 738.67 million.
Electronic Arts Inc. (NASDAQ:ERTS) is up 3.17% today at $23.76. ERTS is up as Activision announces a significant drop in World of Warcraft subscribers. Electronic Arts is releasing the much anticipated Star Wars: The Old Republic later this year to compete with World of Warcraft. ERTS has traded 4.9 million shares today so far today, about half its average volume. The company has a current market cap of 7.89 million.