Ubika Tech 20 Index Weighed Down By ‘Tech Wrecks’

Our Ubika Technology 20 Index fell over the past two months yet is up 29% year over year

The Ubika Technology 20 Index (UT20) has slipped 11.8% since our last report dated July 17th, 2017, underperforming both the TSX-V Index and the TSX Information Technology Index, which have returned 2.3% and 1.1%, respectively, over the same period. Vasco Data Security (NASDAQ:VDSI) and Sierra Wireless (TSX:SW) have primarily dragged the UT20 Index down over recent weeks, with VDSI down 14.5% and SW down 28.5% since our last report date. In this report, we discuss some important industry highlights, as well as three companies that had an eventful summer.

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