Technology Sector Update for 02/19/2019: LDOS, ERIC, TSEM, MSFT, AAPL, IBM, CSCO, GOOG

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Top Technology Stocks:

MSFT: -0.15%

AAPL: -0.56%

IBM: -0.24%

CSCO: -0.16%

GOOG: -0.27%

Technology stocks were retreating pre-market Tuesday.

Early movers include:

(-) Leidos Holdings ( LDOS ), which was down more than 2% after i t report ed Q4 adjusted earnings of $1.10 per share, up from $0.87 per share in the prior year period and higher than the $1.07 per share Street estimate provided by Capital IQ.

(-) Ericsson ( ERIC ) was declining more than 2% after announcing a global patent license agreement with Chinese smartphone maker Oppo.

(+) Tower Semiconductor ( TSEM ) was advancing by more than 2% after booking an adjusted profit of $0.41 per share, down from $0.55 per share in the prior-year period and lower than the $0.42 per share Street estimate.

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: LDOS , ERIC , TSEM , MSFT , AAPL

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