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Technology Sector Update for 03/21/2019: SPI, CSIQ, MU, MSFT, AAPL, IBM, CSCO, GOOG

Top Technology Stocks:

MSFT: -0.30%

AAPL: +1.24%

IBM: -0.43%

CSCO: Flat

GOOG: -0.49%

Top technology stocks were mixed in Thursday's pre-market trading .

Stocks moving on news include:

(+) SPI Energy ( SPI ), which was surging by over 115% after it completed its acquisition of Heliohrisi SA, which owns 1.998 megawatts of photovoltaic projects in Greece, from Thermi Taneo Venture Capital fund for a purchase price of EUR1.7 million ($1.9 million) per megawatt.

(-) Canadian Solar ( CSIQ ) was down more than 9% after i t report ed Q4 adjusted earnings of $1.61 per share, up from $1.01 in the same period a year ago and exceeding the estimate of $1.16 from analysts polled by Capital IQ.

(+) Micron Technology ( MU ) was gaining over 3% as it booked better-than-expected second-quarter results. The company said earnings came in at $1.71 a share in the three months that ended on Feb. 28, topping consensus compiled by Capital IQ for $1.66 a share but trailing the year-earlier quarter's $2.82 a 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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