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Technology Sector Update for 02/15/2019: MRIN, LOGM, TLND, MSFT, AAPL, CSCO, IBM, GOOG


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Top Technology Stocks:

MSFT: +0.37%

AAPL: -0.23%

IBM: +0.15%

CSCO: +0.37%

GOOG: +0.12%

Tech stocks were mixed in Friday's pre-bell trading.

Stocks moving on news include:

(-) Marin Software ( MRIN ), which was sinking by over 28% after the company said Q4 sales fell 11% to $15.8 million from the year-ago period. Net loss per share narrowed to $0.48 from a loss of $1.28 last year.

(-) LogMein ( LOGM ) was down more than 17% as its adjusted EPS rose to $1.47 in Q4 from $1.20 a year earlier, outpacing analysts' estimates of $1.41 in a Capital IQ poll. Its Q1 forecast is below estimates.

(+) Talend ( TLND ) was up more than 16% after i t report ed Q4 net loss of $0.13 per share, compared with $0.28 per share in the year-ago quarter. Analysts polled by Capital IQ were expecting net loss of $0.14 per share.

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

Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.





This article appears in: Technology , Commodities
Referenced Symbols: MRIN , LOGM , TLND , MSFT , AAPL




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