Technology

Technology Sector Update for 02/15/2019: MRIN, LOGM, TLND, MSFT, AAPL, CSCO, IBM, GOOG

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Top Technology Stocks:

MSFT: +0.37%

AAPL: -0.23%

IBM: +0.15%

CSCO: +0.37%

GOOG: +0.12%

Tech stocks were mixed in Friday's pre-bell trading.

Stocks moving on news include:

(-) Marin Software ( MRIN ), which was sinking by over 28% after the company said Q4 sales fell 11% to $15.8 million from the year-ago period. Net loss per share narrowed to $0.48 from a loss of $1.28 last year.

(-) LogMein ( LOGM ) was down more than 17% as its adjusted EPS rose to $1.47 in Q4 from $1.20 a year earlier, outpacing analysts' estimates of $1.41 in a Capital IQ poll. Its Q1 forecast is below estimates.

(+) Talend ( TLND ) was up more than 16% after i t report ed Q4 net loss of $0.13 per share, compared with $0.28 per share in the year-ago quarter. Analysts polled by Capital IQ were expecting net loss of $0.14 per share.

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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