Top Tech Stocks
MSFT +0.10%
AAPL +0.01%
IBM +0.70%
CSCO -0.97%
GOOG +0.58%
Technology stocks were firming in recent trading, with the shares of tech companies in the S&P 500 adding just over 0.3% in value while the Philadelphia Semiconductor Index was rising more than 0.5%.
Among technology stocks moving on news:
(+) Unisys ( UIS ) climbed over 17% after forecasting FY19 revenue of $2.8 billion to $2.875 billion compared with the Capital IQ consensus estimate looking for $2.85 billion in revenue this year.
In other sector news:
(+) Micron Technology ( MU ) rose over 4% on Wednesday after the chipmaker said it was partnering with NanoLock Security to demonstrate flash-to-cloud technoloy tools for Internet of Things connected devices.
(-) Qualys ( QLYS ) tumbled 14% after the cybersecurity firm said its Q1 revenue will likely trail analyst estimates, projecting revenue for the current quarter ending in March in a range of $74.5 million to $75.2 million compared with the Street view looking for $76.9 million in Q1 revenue.