Technology stocks were lower this afternoon, with shares of
technology companies in the S&P 500 declining about 0.5%.
In company news, Glu Mobile Inc. (
) shares rose Thursday after saying its mobile games, including its
Deer Hunter 2014 and Eternity Warriors 2, are supported on Google's
) new Android TV platform.
"Android TV offers developers like Glu a meaningful way to
extend high-fidelity, action gameplay to players in the living
room," according to Sourabh Ahuja, the company's vice president of
Android and cross-platform development. "We anticipate a positive
player response to Google's Android TV."
Ahura and other GLUU executives were scheduled to participate in
a 45-minute panel discussion beginning at 2 p.m. PT at the the
Google I/O conference in San Francisco.
GLUU shares recently were ahead 6.7% at $4.32 apiece, earlier
rising to a session high of $4.52 a share. The stock has a 52-week
range of $2.10 to $5.65 a share, advancing nearly 94% over the past
GOOG was down 0.6% at $575.38 a share this afternoon.
In other sector news,
(+) UNXL, (+16.1%) Achieves roll-to-roll production of InTouch
sensors, a capacitive, multi-touch sensor film at the company's
facility in Texas.
(-) CACI, (-2.6%) Guides FY15 EPS at least $0.29 under Street
view. Projected revenue also lags consensus by at least $20 mln.
Sees FY14 revenue in a range of $3.5 bln to $3.6 bln, in-line with
$3.56 bln consensus. Projected EPS also in-line.
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