TECH STOCKS: Apple, Twitter Lead Techs Up; Pandora Falls

By Dow Jones Business News, 
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By Benjamin Pimentel, MarketWatch

SAN FRANCISCO (MarketWatch) -- Technology stocks were mostly higher Wednesday, aided by gains in shares of Apple and Twitter, even as Pandora fell after the online radio service reported its final monthly metrics for May.

Apple ( AAPL ) rallied 1.1% to close at $644.82, while Twitter (TWTR) gained 1% to close at $32.90.

On the downside, Pandora ( P ) recovered from deeper losses, but ended the session down 0.4% closing at $24.52.

The company said listening hours rose 28% year-over-year in May. The company also said its share of total U.S. radio listening rose to 9.1% from 7.3%. Pandora said it had 77 million active listeners in May, up from 70.8 million in the year-earlier period.

The Nasdaq Composite Index (RIXF) traded up 0.4% to close at 4,252.

The tech sector also took a hit from slumping shares of Google Inc.( GOOGL ) and Oracle Corp( ORCL ). Google was down 0.1% to close at $553.76, while Oracle slipped 0.3% to close at $41.70.

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  (END) Dow Jones Newswires
  06-04-141640ET
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This article appears in: News Headlines

Referenced Stocks: AAPL , GOOG , GOOGL , ORCL , P

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