Technology

Technology Sector Update for 02/14/2019: SWIR, CYBR, CSCO, MSFT, AAPL, IBM, CSCO, GOOG

Top Technology Stocks:

MSFT: -0.51%

AAPL: -0.43%

IBM: +0.09%

CSCO: +3.83%

GOOG: +0.1%

Technology stocks were mostly falling in Thursday's pre-bell trading.

Early movers include:

(-) Sierra Wireless ( SWIR ), which was sinking by more than 22% trade after its Q4 loss widened on higher costs and charges. The company said it lost $3.58 million, or $0.11 per share, in the period.

(+) CyberArk Software ( CYBR ) was trading more than 15% higher as its Q4 non-GAAP net income improved to $0.89 from $0.41 a year ago, while revenue rose 36% year on year to $109.1 million.

(+) Cisco Systems ( CSCO ) was up more than 3% after it raised its dividend amid higher revenue and earnings for its fiscal second quarter, which was supported by rising demand for its subscriptions software.

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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