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NASDAQ:CPWR, PWER, CYOU were Top Technology Stocks

Compuware Corporation,Power-One, Inc.,Changyou.com Limited were the Top Technology Stocks Today

 



(EMAILWIRE.COM, October 24, 2009 ) Dallas, TX - Compuware Corporation (NASDAQ:CPWR) surged 11.97% or $0.85 to close at $7.95 on huge volumes of over 9.44 million shares after it it reports Q2 EPS of $0.12, 4 cents better than the analyst estimate of $0.08. Revenue for the quarter was $217.9 million, which compares to the estimate of $201 million. It reaffirmed fiscal 2010 guidance for earnings per share (EPS) of $0.60 to $0.70 including the gain from the sale of quality solutions. Today the stock also created a new 52-week high at $8.95.

Power-One, Inc. (NASDAQ:PWER) climbed 21.74% or $0.50 to end the day`s trade at $2.80 on a massive volume of 3.80 million shares. The stock announced net sales of $100.1 million for the third quarter ended September 27, 2009, an increase of 10% over the second quarter 2009 and a decrease of 29% from the third quarter 2008. Net loss attributable to common shareholders for the third quarter was $2.9 million, or $0.03 per share, compared to $6.8 million, or $0.08 per share in the second fiscal quarter, and a loss of $1.7 million, or $0.02 for the same period last year. Today the stock also created a new 52-week high at $2.80.

Changyou.com Limited(ADR) (NASDAQ:CYOU) was one of the most active gainers with huge volumes. The stock climbed more than 7.57% to close at $34.76 in trade today with a huge volume of 1.33 million shares. The stock made an intraday high of $35.10 and an intraday low of $32.77 respectively. Changyou.com Limited is a China-based online game developer and operator.

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