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3 Tech Stocks That Soared This Week

Cirrus Logic, StraightPath, and Atmel ignored the broader market's travails this week, and reached for a great one instead.

By Anders Bylund – Sep 26, 2015 at 2:08PM EST

The stock market just finished another choppy and largely negative trading week. The three most popular market indexes all dropped a couple of percent.

But some tech stocks paid no mind to the negative market winds, and delivered strong gains instead.

Microcontroller designer Atmel (NASDAQ: ATML) soared on an opportunistic buyout bid from Dialog Semiconductor (DLGNF +0.00%) and Apple (AAPL 1.49%) iPhone supplier Cirrus Logic (CRUS +1.10%) raced 14% higher on Friday alone, thanks to fresh iPhone insights. Meanwhile, radio spectrum wrangler StraightPath (NYSEMKT: STRP) jumped 20% higher just because that's what volatile micro-caps do sometimes. Reasons? We don't need no stinkin' reasons!

Want to dig deeper into these market-beating tech stocks? Start with the following slideshow.

3 Tech Stocks That Soared This Week from The Motley Fool

Read Next

About the Author

Anders Bylund
Anders Bylund is a contributing Motley Fool media and technology analyst covering semiconductors, cloud computing, internet infrastructure, quantum computing, and streaming media. Previously, Anders was a systems administrator for Nielsen Technology and CSX, gaining hands-on experience with enterprise-class systems. He was also a freelance writer for Ars Technica, TIME, USA Today, CNN, WIRED, and AOL's Daily Finance. He holds a bachelor’s degree in English and a master’s degree in library and information sciences from Florida State University. He believes in coyotes and time as an abstract.
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Stocks Mentioned

Apple Stock Quote
Apple
NASDAQ: AAPL
$251.99
(-1.47%)-$3.77
Cirrus Logic Stock Quote
Cirrus Logic
NASDAQ: CRUS
$133.76
(+0.88%)+$1.17

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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