5 Top NASDAQ Tech Stocks: Avid Technology Sees Top Growth

It was solid week for the NASDAQ 100 Technology Sector (INDEXNASDAQ:NDXT), which went up by 1.32-percent with a big bump on Friday. Read on to learn about the top tech gainers listed on this market. 

1. Avid Technology (NASDAQ:AVID)
2. MeetMe, Inc. (NASDAQ:MEET)
3. Datalink Corp. (NASDAQ:DTLK)
4. RealNetworks (NASDAQ:RNWK)
5. Netlist (NASDAQ:NLST)

Avid Technology

Avid Technology saw a huge bump on Thursday, following the release of their Q2 2016 earnings. The company is the provider of an open and integrated technology platform, with corresponding applications and services that allow for the creation, distribution and monetization of audio and video content. The company develops, markets, sells and supports software and hardware for digital media content production, management, secured content storage and distribution. Last week, Avid saw a 15.67% jump in share price, contributing to its year-to-date gain of 3.29%.

MeetMe, Inc.

Regular readers of this roundup should be familiar with MeetMe, Inc., a social media technology company that owns and operates the MeetMe mobile applications and meetme.com. The company is a location-based social network for meeting new people both on the Web and on mobile platforms, including on iPhone, Android, iPad and other tablets that facilitate interactions among users. It operates by providing users with access to a menu of resources that promote social interaction, information sharing and other topics of interest. Last week, the company saw a gain of 15.09%, helping to continue its trend of significant gains. Last month, MeetMe, Inc. saw a 31.21 gain, while its year-to-date growth has been a whopping 106.70%.

Datalink Corp.

Like MeetMe, Datalink should be a known quantity for regular followers of this list. The company made last week’s roundup, with 8.75% gains following the release of its second quarter and six month operating results. The aftereffect of these results is still benefiting the company, which saw an 11.54% jump. Year-to-date, Datalink has seen a 40.74% gain. The company provides a full life cycle of IT services, including consulting, strategy, design, deploy, manage and support. Its portfolio of solutions and services spans approximately four areas, such as cloud, data center transformation, next-generation technology and security.

RealNetworks

RealNetworks creates apps and services that help consumers connect with digital media. The company provides the digital media services and products it creates to consumers, mobile carriers and other businesses by operating through three segments: RealPlayer Group, Mobile Entertainment and Games. Last week, the company saw a 8.10% gain, contributing towards its year-to-date growth of 10.12%.

Netlist

Another familiar name, Netlist saw a 7.64% gain last week, adding to a monthly gain of 26.02% and year-to-date growth of 76.14%. Netlist designs, manufactures and sells a range of memory subsystems intended for data center servers and the high-performance computing and communications markets. These memory subsystems are combinations of dynamic random-access memory integrated circuits, NAND flash memory, application-specific integrated circuits and other components assembled on printed circuit boards.
 
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