The Best And Worst Tech Stocks


 

2014 has been an up year for Wall Street so far, with technology vendors' stock prices experiencing some ups of their own -- and some downs. Here's a few vendors tracked by CRN for the first half of the year.

Since John Chen took over as CEO of BlackBerry late last year, the company has seen a 37.6 percent uptick in its stock price. BlackBerry surprised Wall Street with a small profit in Q1.

Printer manufacturer Lexmark has been in transition from a hardware company to one more focused on software and solutions, and that change has resulted in a 35.6 percent stock price bump this year.

FalconStor Software has seen its stock price jump 25.9 percent this year, following a corporate and management restructuring.

CommVault Systems saw a big decline in stock price so far this year, a drop of 34.4 percent. That steep drop could be due to the company’s fourth-quarter numbers, which saw income fall almost 8 percent.

Netsuite saw its price fall 15.7 percent this year, with bottom-line losses of $22.2 million.

Finally, the stock price for QLogic dropped 14.7 percent this year so far. The network infrastructure technology developer reported revenue down 5 percent.

PUBLISHED JULY 17, 2014