5 Top NASDAQ Tech Stocks: Qumu Corp Sees Biggest Gains

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Cloud Investing

A look at the top five tech gainers on NASDAQ this week.

It was slightly slow week for the NASDAQ 100 Technology Sector (INDEXNASDAQ:NDXT), which went down by 1.4 percent this week. However, some companies in the sector prevailed to see growth. Here’s a look at the 5 biggest gainers:

  1. Qumu Corporation (NASDAQ:QUMU)
  2. SharpSpring, Inc. (NASDAQ:SHSP)
  3. eGain Corporation (NASDAQ:EGAN)
  4. Unwired Planet (NASDAQ:UPIP)
  5. ModSys International Ltd. (NASDAQ:MDSY)

Qumu Corporation

Qumu is a familiar name to weekly readers of this feature, as it has made the list of top NASDAQ tech stocks before. Last week, the company saw 32.31-percent growth in its share price.
The company is focused on enterprise video content management software, and provides the tools businesses need to create, manage, secure, deliver and measure videos. Its enterprise video content management software products are deployed mainly through the sale of software licenses, software-on-a-server appliances, software-enabled devices and cloud-based software-as-a-service platforms.

SharpSpring Inc.

Another familiar name, SharpSpring is a global provider of cloud-based marketing technologies and email services. The company provides a range of business-to-business marketing and communications products and services, as well as email infrastructure and relay services. Last week, the company’s share price jumped up by 18.42 percent, continuing the company’s recent strong streak. In the past month, stocks have gone up by 3.21, contributing to the company’s 42.41 percent growth since the beginning of the year.

eGain Corporation

eGain Corporation offers cloud-based and on-site customer engagement software solutions, optimizing service processes across the Web, social and phone channels. The company is engaged in the development, license, implementation and support of customer service infrastructure software solutions. All told, the eGain suite consists of mobile applications, social applications, web applications, desktop applications, management applications, messaging applications, eGain OpenCEH and eGain Connectors. Last week, the company saw an 11.36-percent increase in stock price, adding to 0.59-percent growth in the past month.

Unwired Planet

A new name on this list, Unwired Planet is an intellectual property licensing company with a portfolio of global mobile technology patents and patent applications. The patents cover a broad range of technologies associated with mobile communications, from mobile cloud and services to infrastructure demands. The company saw a weekly gain of 10.72-percent, helping to offset significant year-to-date losses of 35.4-percent.

ModSys International Ltd.

ModSys International, formerly BluePhoenix Solutions, develops and markets enterprise legacy migration solutions and provides tools and professional services to international markets.
The company has been on a strong streak for the past couple of months, making this list several times. Last week, the company saw a share price gain of 9.72 percent. However, this week’s growth isn’t enough to offset the company’s tumultuous rises and falls. Overall this month, stock prices have dipped by 3.99-percent and, since the outset of 2016, the company has seen a fall of 34.72-percent.
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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 $10 million and less than $100 million prior to the week’s gains are included. Companies within the computer software and processing sector are considered.
Securities Disclosure: I, Morag McGreevey, hold no direct investment interest in any company mentioned in this article.


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