Technology

Technology Sector Update for 02/10/2017: MCHP

Top Technology Stocks:

MSFT: +0.1%

AAPL: +0.1%

IBM: +0.1%

CSCO: -0.2%

GOOG: +0.1%

Technology shares were mainly higher in early trade on Friday.

In technology stocks news, Microchip Technology ( MCHP ) , an electronics manufacturer, announced the pricing of $1.8 billion aggregate principal amount of convertible senior subordinated notes due 2027, and $500 million aggregate principal amount of convertible junior subordinated notes due 2037.

Shares in the company were 0.6% lower at $70.48 in early trade. The stock has traded between $39.01 and $76.50 over the past 52 weeks.

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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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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