Technology Sector Update for 10/11/2017: SKYS,RGSE,XGTI

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Top Tech Stocks

MSFT +0.12%

AAPL +0.39%

IBM -0.71%

CSCO +0.12%

GOOG +1.72%

Technology stocks were ending slightly higher, with shares of tech companies in the S&P 500 climbing about 0.2% this afternoon.

In company news, Sky Solar ( SKYS ) was staying within relatively close range of its session high of $2.00 per American depository share in late Wednesday trading, retaining most of a more than 18% rise that followed analysts at Roth Capital today raised their investment recommendation for the photo-voltaic panels manufacturer to Buy from Neutral.

In other sector news,

(+) RGSE, Solarize New Haven selects company to bring solar power to the city.

(-) XGTI, Discloses plans for a secondary offering of around 1.1 mln shares of common stock now owned by certain shareholders. The company will not receive any proceeds from the offering although it would receive funds should any of selling shareholders exercise their warrants to buy additional stock.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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This article appears in: Technology , Commodities
Referenced Symbols: SKYS , RGSE , XGTI

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