Tech Losers: Himax Technologies (NASDAQ:HIMX), Microvision, Inc. (NASDAQ:MVIS), Alcatel Lucent (NYSE:ALU), ChinaCache Internatnl (NASDAQ:CCIH)

BofA Merrill Lynch downgraded the shares of Himax Technologies, Inc. (ADR) (NASDAQ:HIMX)) to Underperform from Buy and lowered the price target to $12.50 from $17.58. Himax Technologies, Inc. (ADR) (NASDAQ:HIMX) stock opened today at $12.15 and is currently trading at $11.53. The stock showed a negative weekly performance of -10.38%.

Microvision (NASDAQ:MVIS) shares fell 8.18% to $2.19. Microvision jumped 18.07% on Monday on deal to supply UPS with custom PicoP display modules for package guidance application. Microvision, Inc. (NASDAQ:MVIS) stock opened at $2.26, in current trading session and currently is at $2.11, by losing -11.90%. The 52 week range is $1.03 – $3.49. Company’s market capitalization is $90.64 million.

Alcatel Lucent Soci (NYSE:ALU)’s shares gained 0.51% to $3.96. The Enterprise division of Alcatel-Lucent (Euronext Paris and NYSE: ALU) is today introducing a new range of Premium DeskPhones that confirm communication continues to be at the center of the work process. Communication remains essential in business and often it’s a voice on the line that helps business move forward. Studies show that seventy percent of employees still spend four to five days a week working from a desk using “traditional” tools to communicate. Alcatel Lucent SA (ADR) (NYSE:ALU) stock is currently trading at $3.72. The EPS of the stock is -1.62. Company’s market capitalization is $10.27 billion.

ChinaCache Internatnl Hldgs Ltd (ADR) (NASDAQ:CCIH) has signed a definitive securities purchase agreement with certain Institutional Investors affiliated with one of the world’s leading institutional investment management firms. ChinaCache Internatnl Hldgs Ltd (ADR) (NASDAQ:CCIH) stock opened the session at $24.02, and now is at $21.46. The 52 week range of the stock remained $3.50 – $29.34 and the day range was $21.41 – $24.15.