Technology Sector Update for 04/11/2019: LEDS, PHUN, INPX, MSFT, AAPL, IBM, CSCO, GOOG

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Top Technology Stocks:

MSFT: +0.18%

AAPL: +0.11%

IBM: +0.57%

CSCO: +0.02%

GOOG: 0.03%

Technology giants were climbing pre-market Thursday.

Stocks moving on news include:

(-) SemiLEDS ( LEDS ), which was down 0.5% after i t report ed a narrower loss as revenue grew in its most recent fiscal quarter. Net loss shrank to $0.24 for the three months ended Feb. 28, from a net loss of $0.27 per share for the year-earlier period.

(+) Phunware Inc. ( PHUN ) was up more than 3% after it was awarded a US Patent for "Mobile Device Localization Based on Relative Received Signal Strength Indicators."

(-) Inpixon ( INPX ) was more than 4% lower as it unveiled a non-binding term sheet to acquire Vancouver-based Locality Systems Inc., a company specializing in wireless device positioning and radio frequency augmentation of video surveillance systems.

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: LEDS , PHUN , INPX , MSFT , AAPL

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