5 Top NASDAQ Tech Stocks: DraftDay Fantasy Sports Goes Up 46.66 Percent

The NASDAQ 100 Technology Sector (INDEXNASDAQ:NDXT) was up 3.74 percent, marking a welcome change from a period of losses. Here’s a look at which companies benefited most from this week’s growth:

• DraftDay Fantasy Sports (NASDAQ:DDAY)
• COPsync Inc (NASDAQ:COYN)
• Mattersight Corporation (NASDAQ:MATR)
• Broadvision Inc. (NASDAQ:BVSN)
• GigaMedia (NASDAQ:GIGM)

Read on to learn more about these companies.

DraftDay Fantasy Sports

Formerly known as Viggle Inc., DraftDay Fantasy Sports is a mobile and Web-based entertainment facilitating media company that offers a marketing platform, Viggle. This application uses incentives to make content consumption and discovery rewarding for media companies, brands and consumers.
This week’s gain of 46.66 percent was a huge jump for the company, adding to its monthly gains of 63.58 percent and helping to offer the company’s one year loss in share price of 87.78 percent. The latest big news for DraftDay Fantasy Sports Inc came on April 29, 2016 when the company announced it has agreed to acquire Rant, Inc. in a move to become a market leader in social publishing. As an addition to its existing Wetpaint publishing business, Rant introduces an expanded reach into sports, lifestyle, and entertainment publishing.

COPsync Inc.

COPsync, Inc. operates a law enforcement mobile data information system in the United State, supporting COPsync Network, a real-time, in-car information sharing, communication and data interoperability network. Although less than DraftDay Fantasy Sports’ gain this week, COPsync’s growth of 9.41 percent was nonetheless notable. Investors should keep an eye out for the company’s Q1 2016 earnings call, which is scheduled to take place on May 16.

Mattersight Corporation

Mattersight Corporation provides behavioral analytics and personality-based software products. Using various applications, including predictive behavioral routing, performance management, quality assurance and predictive analytics to analyze and predict customer behavior based on the language exchanged between agents and customers during brand interactions, the company operates a successful Behavioral Analytics segment. This weeks 8.25 percent jump in stock price may be attributable to the company’s earnings call, which occurred on May 4th. This growth is important for the company, helping to offset a year to date decline of 44.97 percent.

Broadvision Inc.

BroadVision, Inc. is a provider of e-business solutions. The company develops, markets and supports enterprise portal applications that enable companies to unify their e-business infrastructure and conduct interactions and transactions with employees, partners and customers through a self-service model. Like Mattersight, Broadvision also held its Q1 2016 earnings call on May 4th. This month’s 5.45 percent growth is a sold contribution to year to date gains of 16 percent.

GigaMedia

GigaMedia is a holding company with a portfolio of online gaming and cloud computing businesses. The company has game operations in Taiwan, Hong Kong and Macau, while the cloud computing software and services part of it’s business is located in Taipei. Like others on this list, GigaMeda held a Q1 2016 earnings call in the near past. This perhaps can explain the spike in share price. Its modest gain this week of 3.98 percent is a welcome turnaround from its monthly loss of 6.63 percent and it’s year to date decline of 13.86 percent.