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Technology Sector Update for 09/28/2015: KN,MIXT,BAS,SUNE

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Top Tech Stocks

MSFT -1.34%

AAPL -1.40%

IBM -1.75%

CSCO -1.25%

GOOG -2.60%

Technology stocks still were posting steep declines, with shares of technology companies in the S&P 500 sinking almost 2.3% this afternoon.

In company news, Knowles Corp ( KN ) rose Monday following an upgrade today of the electronic components company to Market Perform from Underperform at FBR Capital, which also raised its price target for the stock by $1 to $18 a share.

KN shares were up almost 8% in late trading at $17.65 a share, earlier climbing to a session high of $18.20 a share.

In other sector news,

(+) MIXT, Basic Energy Services ( BAS ) renews fleet-management contract along with driver-behavior tools for another next five years through 2020.

(-) SUNE, Completes three solar canopy systems for the City of Fremont, Calif., expected to generate 1.2 megawatts of direct-current electricity.

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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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