Tech Sector Bearish Stocks: Red Hat Inc (NYSE:RHT), Allot Communications (NASDAQ:ALLT), Digital Power Corporation (NYSEMKT:DPW), Pulse Electronics (NYSE:PULS)

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Shares of Red Hat Inc (NYSE:RHT) closed down $3.90, or almost 7%, at $52.23, after the company yesterday afternoon reported fiscal Q4 revenue and earnings per share that topped analysts’ expectations, but forecast this quarter, and the full year’s results below consensus. Red Hat Inc (NYSE:RHT) stock performance was -6.95% in last session and finished the day at $52.23. Traded volume was million shares in the last session and the average volume of the stock remained 1.51 million shares. The beta of the stock remained 1.04. Red Hat Inc (NYSE:RHT) insider ownership is 0.50%.

Allot Communications Ltd. (NASDAQ:ALLT) a leading supplier of service optimization and revenue generation solutions for fixed and mobile broadband operators, today announced it has received a new contract from an Asian Tier one mobile operator for its Video Optimization solution and Allot Service Gateway, to be deployed across the operator’s national network of 15 million subscribers. This is a first time order for Allot with this leading carrier. Allot Communications Ltd (NASDAQ:ALLT) dropped -5.98 percent to $13.21 yesterday on volume of 582,825.00 million shares. The intra-day range of the stock was $13.12 to $14.22. Allot Communications Ltd (NASDAQ:ALLT) has a market capitalization of $429.95 million.

Digital Power Corporation (NYSEMKT:DPW) announced its financial results for the quarter and fiscal year ended December 31, 2013. The full text of the press release issued in connection with the announcement is attached as Exhibit 99.1 to this Current Report on Form 8-K. Digital Power Corporation (NYSEMKT:DPW)’s stock on Mar 28, 2014 reported a decrease of -8.90% to the closing price of $1.74. Its fifty two weeks range is $0.50 -$3.05. The total market capitalization recorded $11.92 million. The overall volume in the last trading session was 176,249 million shares. In its share capital, Digital Power Corporation (NYSEMKT:DPW) has 6.84 million outstanding shares.

Pulse Electronics Corporation (NYSE:PULS) a leading provider of electronic components, announces the publication of a new test report demonstrating the reliability and longevity of its Sidewinder® AC current sensing technology. On Friday, shares of Pulse Electronics Corp (NYSE:PULS) dropped -6.89% to close the day at $3.65. Company return on investment (ROI) is -47.30% and its monthly performance is recorded as -10.54%. Pulse Electronics Corp (NYSE:PULS) quarterly revenue growth is 31.77%.

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