Markets

Technology Sector Update for 03/19/2015: CRCM, JKS

Top Technology Stocks:

MSFT: -0.4%

AAPL: +0.1%

IBM: -0.6%

CSCO: -0.5%

GOOG: -0.1%

Technology stocks were lower in pre-market trading Thursday.

JinkoSolar Holding ( JKS ) shares edged up after the solar-products company said it plans to build a solar cell and module manufacturing facility in Penang, Malaysia. The manufacturing facility will use the latest high-efficiency multi-crystalline technology, the company said, adding that once completed, it will provide JinkoSolar with additional production capacity of 500 megawatts for solar PV cells and 450 megawatts for modules.

Care.com ( CRCM ) plunged more than 13% at $6.39 after it said Q4 sales were $33.6 million, compared with the Cap IQ estimate for $33.76 million. Its loss per share was $1.28, including a loss of $1.23 impact related to Citrus Lane's operations and impairment charges. The non-GAAP loss was $0.04 per share, $0.02 better than estimates.

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.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

CRCM JKS

Other Topics

Commodities

Latest Markets Videos