msft

Technology Sector Update for 12/11/2018: SEAC, CAMP, LPTH, MSFT, AAPL, IBM, CSCO, GOOG

Top Technology Stocks:

MSFT: +1.77%

AAPL: +1.26%

IBM: +1.30%

CSCO: +1.86%

GOOG: +1.77%

Technology stocks were climbing in Tuesday's pre-bell trading.

Moving stocks include:

(-) SeaChange International ( SEAC ), which was sinking by more than 24% a day after the software company guided for downbeat revenue for its current fiscal quarter.

(-) CalAmp ( CAMP ) was down by more than 11% after it authorized a new share buyback program of $20 million.

In other sector news:

(+) LightPath Technologies ( LPTH ) up by more than 2% as it won a supply contact valued at $5.9 million for a variety of infrared optical lens elements to a major commercial infrared vision products customer.

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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