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eGain Corporation, Internet Gold-Golden Lines, Planet Payment, RealNetworks and ModusLink Global Solutions were last week’s top gainers.

The NASDAQ 100 Technology Sector (INDEXNASDAQ:NDXT) continued its growth last week rising 2.97 percent to reach 3,662.84 points by market closure on Friday (September 15).
This past week the Investing News Network reported on the two drops in price bitcoin saw thanks in part by reports claiming Chinese authorities are looking into banning transactions with the cryptocurrency from within the country. According to a report from the Wall Street Journal, the potential for this decision “shows how nations are wrestling with bitcoin and its place in the financial system.”
On that note, here are five of the top gaining NASDAQ 100 Technology sector stocks during the past week:

  • eGain Corporation (NASDAQ:EGAN)
  • Internet Gold-Golden Lines (NASDAQ:IGLD)
  • Planet Payment (NASDAQ:PLPM)
  • RealNetworks (NASDAQ:RNWK)
  • ModusLink Global Solutions (NASDAQ:MLNK)

Here’s a closer look at those companies.

eGain

Making its second appearance in a row, eGain is a company offering cloud-based and on-site customer engagement software solutions across the web, social and phone channels. On September 12 the company announced it had been invited to present at the upcoming Dougherty & Company Institutional Investor Conference.
However, there have been no other recent announcements to justify the gain over the trading week.
eGain gained 19.05 percent last week and closed the week at $2.50 per share.

Internet Gold-Golden Lines

Internet Gold is a telecommunications-oriented holding company which is a controlled subsidiary of Eurocom Communications. On August 31 the company released their financial results for the second quarter of 2017.
However, there have been no other recent announcements to justify the gain over the trading week.
Internet Gold-Golden Lines gained 11.65 percent last week and closed the week at $8.05 per share.

Planet Payment

Planet Payment is a provider of international payment and transaction processing and multi-currency processing services. Last week the company announced the launch of Pay in Your Currency and Multi-Currency Pricing to PSP Card Services portfolio of merchants in Canada.
Planet Payment gained 11.57 percent last week and closed the week at $4.34 per share.

RealNetworks

RealNetworks also managed to stay in the top five gainers of the week for a second week in a row, they are  provider of Internet streaming media delivery software and services. The company hasn’t made any new announcements since their new partnership with CIBN Oriental Network in Beijing on August 16.
However, there have been no other recent announcements to justify the gain over the trading week.
RealNetworks gained 8.43 percent last week and closed the week at $4.63 per share.

ModusLink Global Solutions

ModusLink is an integrated provider to the world’s leading companies in consumer electronics, communications, computing, medical devices, software and retail. Most recently on August 28 the company announced that Gartner, a provider of research and analysis on the global information technology industry, included the company for its July 2017 report.
However, there have been no other recent announcements to justify the gain over the trading week.
ModusLink Global Solutions gained 7.01 percent last week and closed the week at $1.68 per share.
Don’t forget to follow us @INN_Technology for real-time news updates.
Data for 5 Top NASDAQ Stocks articles is retrieved each Friday after market close using The Globe and Mail’s market data filter. Only companies with a market capitalization greater than $50 million and less than $500 million prior to the week’s gains are included. Companies within the computer software and processing sector are considered.
Securities Disclosure: I, Bryan Mc Govern, hold no direct investment interest in any company mentioned in this article.


** This article is updated each week. Please scroll to the top for the most recent information**

5 Top Weekly NASDAQ Tech Stock: Hack on Equifax Consumer Data

By Bryan Mc Govern – September 10
The NASDAQ 100 Technology Sector (INDEXNASDAQ:NDXT) continued its growth last week rising 1.84 percent to reach 3,557.454 points by market closure on Friday (September 1).
The trading week almost wrapped up without a major incident in the tech space when on Friday Equifax (NYSE:EFX) dropped one of the biggest announcements of the year. The company had been hacked and potentially the credit card information of 143 million American consumers had been breached. The company suffered a 13.66 percent decrease to close the market on Friday. To make matters worse Bloomberg reported three senior executives for the company sold shares worth almost $1.8 million after discovering the security breach.
On that note, here are five of the top gaining NASDAQ 100 Technology sector stocks during the past week:

  • eGain (NASDAQ:EGAN)
  • RealNetworks (NASDAQ:RNWK)
  • Mattersight (NASDAQ:MATR)
  • Magis Software (NASDAQ:MGIC)
  • Sphere 3D (NASDAQ:ANY)

Here’s a closer look at those companies.

eGain

This company offers cloud-based and on-site customer engagement software solutions across the web, social and phone channels. Last week the company released their financial report for its fiscal 2017 fourth quarter and full year.
The company enjoyed a six percent growth in their revenue compared to the same time period last year. “We continue to gain market share with our industry leading customer engagement solutions and look forward to continued SaaS and recurring revenue growth,” CEO Ashu Roy said in the company’s announcement.
For the full year, eGain reported revenue totalling $23.9 million, a 12 percent increase from their previous year. eGain gained 20 percent last week and closed the week at $2.10 per share.

RealNetworks

RealNetworks is a provider of Internet streaming media delivery software and services. Most recently on August 16, the company announced a new formed partnership with CIBN Oriental Network in Beijing to enhance the company’s TV and mobile video streaming capabilities.
However, there have been no other recent announcements to justify the gain over the trading week.
RealNetworks gained 42.61 percent last week and closed the week at $1.95 per share.

Mattersight

Mattersight offers brands services to create chemistry with their customers through shorter conversations that increase loyalty for call centers.

Last week Mattersight released their financial report for the second quarter of 2017, highlighting 16 percent growth in total revenues and 17 percent growth in subscription revenue. Mattersight gained 42.61 percent last week and closed the week at $1.14 per share.

Magis Software

Magis is a global provider of software platforms for enterprise mobility, cloud applications, and business integration. Most recently, on August 28, the company announced it had received a a favourable review from analyst firm Ovum in their “On the Radar” report.
“The report states that the solution includes built-in connectors for a variety of industry-leading enterprise applications, and a wide range of standard IT protocols and standards,” the company’s press release stated. However, there haven’t been any other announcements to cause the company’s gain this past trading week.
Magis Software gained 42.61 percent last week and closed the week at $1.14 per share.

Sphere 3D

Sphere 3D is a virtualization technology and data management solutions company. On August 28, the company announced the availability of its Glassware 2.0 containers as an Open Virtual Appliance (OVA) for deployment on VMware ESXi Hosts.
Sphere 3D gained 42.61 percent last week and closed the week at $1.14 per share.
Don’t forget to follow us @INN_Technology for real-time news updates.
Data for 5 Top NASDAQ Stocks articles is retrieved each Friday after market close using The Globe and Mail’s market data filter. Only companies with a market capitalization greater than $50 million and less than $500 million prior to the week’s gains are included. Companies within the computer software and processing sector are considered.
Securities Disclosure: I, Bryan Mc Govern, hold no direct investment interest in any company mentioned in this article.

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