Top Tech Stocks
Technology stocks were moderately higher today with shares of technology companies in the S&P 500 advancing almost 0.5%.
In company news, Wix.com ( WIX ) shares climbed to a 16-month high on Monday after the price target for the Internet services and Web content company's stock was raised by $4 to $31 a share at FBR Capital, which also reiterated its Outperform rating for the stock.
WIX shares were up nearly 4% at $26.61 each, earlier reaching their highest share price since March 2014 at $27.59 a share.
In other sector news,
(+) VSLR, (+43.9%) Agrees to $2.2 billion buyout offer from SunEdison ( SUNE ), which will pay $16.50 for each VSLR share.
(-) NEWP, (-10.5%) Lowers Q2 EPS guidance to $0.24 to $0.36 per share, trailing estimates by at least $0.02 per share. Projected revenue lags $159.06 million consensus by at least $11.06 mln.
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