Markets

Technology Sector Update for 11/05/2015: EZCH, ORCL

Top Technology Stocks:

MSFT: +0.1%

AAPL: -0.2%

IBM: flat

CSCO: flat

GOOG: +0.1%

Technology shares were mixed in pre-market trade Thursday.

In technology stocks news, Oracle ( ORCL ), a provider of enterprise software and computer hardware products, saw its shares downgraded to market perform from outperform by FBR Capital, with a price target set at $44.

Shares in the company were 0.8% lower at $40.17 pre-bell. The company has traded between $35.14 and $46.71 over the past 52 weeks.

And semiconductor company EZchip Semiconductor ( EZCH ) edged 0.3% lower to $24.20 in Thursday's pre-market session after it reported that for Q3, its financial results matched analysts' expectations, and provided revenue guidance for Q4 below Street forecasts.

Shares in the company have traded between $14.30 and $25.21 over the past 52 weeks.

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

ORCL

Other Topics

Commodities

Latest Markets Videos