Monday, Sept. 29, 2008, will go down in the record books as one of the worst
trading days in the history of the U.S.
stock market. After the House of Representative failed to pass the massive $700
billion financial system bailout package, investors pulled their money out of
the market by the billions of dollars.
While the technology sector remains relatively healthy, tech vendors were not
immune to the ravages of the free-falling market. Overall, the technology
sector lost 8.9 percent of its combined value. All 50 of the leading publicly
traded technology vendors and distributors monitored by Channel Insider
suffered losses in trading. No technology sector or vendor type escaped the
sell-off.
For how your vendor fared in Monday’s
trading, see below.
|
Stock Indexes — September 29, 2008 |
|||
|
|
Open |
Close |
Difference |
| Dow Jones Industrial Average | 11,139.62 | 10,365.45 | -6.98% |
| NASDAQ | 2,183.34 | 1,983.73 | -9.14% |
| S&P 500 | 1,213.27 | 1,106.55 | -8.80% |
|
Leading Technology Stocks — September 29, 2008 |
|||
|
Company |
Open |
Close |
Difference |
| Adobe Systems (ADBE) | 38.47 | 36.18 | -9.53% |
| Adtran (ADTN) | 19.86 | 19.10 | -4.50% |
| Alcatel-Lucent (ALU) | 4.07 | 3.67 | -15.24% |
| AMD | 5.00 | 4.29 | -16.86% |
| Apple (AAPL) | 119.50 | 105.55 | -17.68% |
| Arrow Electronics (ARW) | 28.28 | 26.19 | -8.87% |
| Avnet (AVT) | 24.80 | 23.90 | -3.98% |
| BMC Software (BMC) | 28.97 | 27.85 | -5.37% |
| CA | 20.71 | 18.31 | -12.81% |
| Canon (CAJ) | 38.23 | 36.81 | -7.07% |
| Check Point (CHKP) | 22.76 | 21.54 | -7.08% |
| Cisco Systems (CSCO) | 23.27 | 21.80 | -8.48% |
| Citrix Systems (CTSX) | 26.90 | 23.74 | -15.27% |
| Data Domain (DDUP) | 22.50 | 21.86 | -4.25% |
| Dell | 16.69 | 15.86 | -6.71% |
| EMC | 12.42 | 11.54 | -9.28% |
| FalconStor (FALC) | 5.64 | 5.05 | -11.56% |
| Foundry Networks (FDRY) | 18.19 | 17.45 | -4.59% |
| Google (GOOG) | 420.00 | 385.00 | -10.68% |
| HP (HPQ) | 47.16 | 45.17 | -5.52% |
| IBM | 117.44 | 114.46 | -4.15% |
| Ingram Micro (IM) | 16.69 | 16.20 | -4.42% |
| Intel (INTC) | 18.76 | 12.25 | -10.16% |
| Juniper Networks (JNPR) | 22.53 | 21.00 | -8.77% |
| Lexmark (LXK) | 32.10 | 31.83 | -2.09% |
| McAfee (MFE) | 35.25 | 33.43 | -6.62% |
| Microsoft (MFST) | 26.87 | 25.10 | -8.39% |
| Motorola (MOT) | 7.43 | 6.68 | -12.45% |
| NetApp (NTAP) | 18.59 | 16.75 | -10.90% |
| Nokia (NOK) | 18.91 | 17.60 | -10.57% |
| Nortel Networks (NT) | 2.69 | 2.38 | -8.81% |
| Novell (NOVL) | 5.20 | 4.85 | -8.32% |
| Oracle (ORCL) | 20.36 | 18.77 | -8.97% |
| Polycom (PLCM) | 23.07 | 21.99 | -7.45% |
| Rackspace (RAX) | 8.75 | 8.51 | -3.73% |
| Red Hat (RHT) | 16.17 | 15.33 | -6.58% |
| Research in Motion (RIMM) | 68.80 | 62.50 | -11.67% |
| Salesforce.com (CRM) | 49.07 | 44.76 | -11.63% |
| SAP | 56.23 | 54.30 | -5.53% |
| ScanSource (SCSC) | 31.43 | 28.74 | -10.22% |
| Seagate Technology (STX) | 12.19 | 11.74 | -5.48% |
| Sun Microsystems (JAVA) | 7.52 | 6.90 | -9.69% |
| Sybase (SY) | 31.78 | 29.84 | -8.52% |
| Symantec (SYMC) | 19.57 | 18.62 | -5.96% |
| Synnex (SNX) | 22.89 | 22.23 | 3.93% |
| Tech Data (TECD) | 29.23 | 29.34 | -0.98% |
| VeriSign (VRSN) | 25.80 | 23.80 | -9.98% |
| VMWare (VMW) | 28.26 | 26.00 | -10.47% |
| Websense (WBSN) | 23.17 | 21.23 | -10.99% |
| Xerox (XRX) | 11.53 | 11.05 | -5.05% |