Markets

Sector Update: Technology

Technology shares were generally higher in pre-market trade Tuesday.

In technology stocks news, Marvell Technology Group ( MRVL ) says it will appeal a federal judge's order that the company pay about $1.54 billion, about one-third more than a jury previously awarded, for infringing on two hard disk drive patents of Carnegie Mellon University, Reuters reported Tuesday.

MRVL shares were up 1.6% at $16.00, trading in a 52-week range of $9.46 to $16.62.

And Blonder Tongue ( BDR ) reported Q4 loss of $0.16 per share, improved over a $0.51 per share loss a year prior, and revenue of $7.18 million, down 7% from a year prior.

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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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