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Technology Sector Update for 03/28/2019: QTNA, ON, ACN, PLUG, MSFT, AAPL, CSCO, IBM, GOOG


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Top Technology Stocks:

MSFT: +0.37%

AAPL: -0.06%

IBM: Flat

CSCO: -0.24%

GOOG: Flat

Top technology stocks were mixed pre-market Thursday.

Stocks moving on news include:

(+) Quantenna Communications ( QTNA ), which was up almost 18% after ON Semiconductor ( ON ) said it has agreed to acquire the provider of Wi-Fi solutions for around $1.07 billion in cash.

(+) Accenture ( ACN ) was over 3% higher after i t report ed Q2 fiscal 2019 adjusted diluted earnings per share of $1.73, up from $1.58 for the same period last year, and beating the Capital IQ consensus forecast of $1.57.

In other sector news:

(+) Plug Power ( PLUG ) was up more than 1% after announcing the launch of a 30 kilowatt (kW) hydrogen fuel cell engine, the newest commercial product from the ProGen suite of products.

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: QTNA , ON , ACN , PLUG , MSFT



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