Technology Sector Update for 01/08/2019: GSUM, MEET, MSFT, AAPL, IBM, CSCO, GOOG

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Top Technology Stocks:

MSFT: +1.02%

AAPL: +0.65%

IBM: +1.06%

CSCO: +0.81%

GOOG: +0.59%

Technology stocks were advancing pre-bell Tuesday.

Early movers include:

(+) The Meet Group ( MEET ) was up more than 8% after it pegged Q4 revenue of approximately $52.3 million, above the high end of its prior outlook of $47.8 million to $48.8 million and exceeding the Street projection of $49.8 million.

In other sector news:

(+) International Business Machines ( IBM ) was over 1% higher after it signed a multi-year managed services agreement valued at $540 million with Helsinki-based Nordea Bank.

(=) Gridsum Holding ( GSUM ) was notified by Nasdaq about its non-compliance with the continued listing requirement of timely filing on form 6-K of its interim balance sheet and income statement for the six month period ended June 30.

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: MEET , IBM , GSUM , MSFT , AAPL

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