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Technology Sector Update for 12/27/2017: FB, NIHD, IMMR


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Top Technology Stocks:

MSFT: +0.1%

AAPL: +0.1%

IBM: +0.3%

CSCO: +0.1%

GOOG: +0.1%

Technology shares were mostly higher in pre-market trading on Wednesday.

Expected movers:

- Facebook ( FB ) shares were up marginally after it said the WhatsApp will stop working on handsets running Microsoft's ( MSFT ) Windows Phone 8.0 and older, and BlackBerry ( BB ) 10 on Jan. 1.

- NII Holdings ( NIHD ) rose more than 10% after a regulatory filing late Tuesday showed that Joseph Samberg, former CEO of hedge fund JDS Capital Management, has secured a 9.5% stake in the company with 9.5 million shares,

Other news:

- Immersion ( IMMR ) said its board of directors has adopted a limited duration stockholder rights plan, which will expire on Dec. 26, 2018.

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: FB , MSFT , BB , NIHD , IMMR



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