Unusual Volume At Tech Sector: First Solar (NASDAQ:FSLR), FireEye Inc (NASDAQ:FEYE), Boingo Wireless (NASDAQ:WIFI), Orckit Communications (NASDAQ:ORCT)



First Solar, Inc. (NASDAQ:FSLR) is now focusing aggressively on smaller projects as demand for the large-scale solar farms from utilities slows. The Tempe-based company is boosting efforts to install solar systems in warehouses and industrial sites. First Solar CEO Jim Hughes said at an analyst event yesterday that pursuing smaller projects can increase the company’s sales by as much as 36% over the next three years. First Solar, Inc. (NASDAQ:FSLR) stock performance was 1.56% in last session and finished the day at $70.48. Traded volume was 21,763,100 million shares in the last session and the average volume of the stock remained 4.45 million shares. The beta of the stock remained 1.99. First Solar, Inc. (NASDAQ:FSLR) insider ownership is 0.20%.

Pacific Crest starts FireEye, Inc (Nasdaq:FEYE) with a Sector Perform rating. FireEye Inc (NASDAQ:FEYE) dropped -6.01 percent to $67.20 yesterday on volume of 8.64 million shares. The intra-day range of the stock was $67.09 to $71.54. FireEye Inc (NASDAQ:FEYE) has a market capitalization of $9.69 billion.

Boingo Wireless (NASDAQ:WIFI) CEO David Hagan sold 25,000 shares of the stock on the open market in a transaction that occurred on Wednesday, March 12th. The shares were sold at an average price of $6.56, for a total value of $164,000.00. Boingo Wireless Inc (NASDAQ:WIFI)’s stock on Mar20, 2014 reported an increase of 3.83% to the closing price of $6.77. Its fifty two weeks range is $5.06 -$8.00. The total market capitalization recorded $239.01 million. The overall volume in the last trading session was 1,088,355 million shares. In its share capital, Boingo Wireless Inc (NASDAQ:WIFI) has 35.59 million outstanding shares.

Orckit Communications Ltd. (NASDAQ:ORCT) announced that its 2013 Annual General Meeting of Shareholders will be held on Tuesday, December 31, 2013 at 3:00 p.m. (Israel time), at the offices of the Company, 126 Yigal Allon Street, Tel Aviv, Israel. The record date for the meeting is December 2, 2013. On Thursday, shares of Orckit Communications Ltd. (NASDAQ:ORCT) dropped -14.00% to close the day at $0.06. Company return on investment (ROI) is -78.33% and its monthly performance is recorded as -24.75%. Orckit Communications Ltd. (NASDAQ:ORCT) quarterly revenue growth is -49.83%.

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