Technology Sector Update for 12/16/2015: WAB, EZCH
Top Technology Stocks:
Technology shares were mainly higher in pre-market trade on Wednesday.
In technology stocks news, Westinghouse Air Brake Technologies ( WAB ), a provider of technology-based products and services to freight rail and passenger transit industries, has signed contracts worth approximately $45 million to provide equipment and services for the Northeast Illinois Regional Commuter Railroad Corp. (Metra).
Shares in Westinghouse Air Brake Technologies were unchanged at $70.07 pre-bell. This is within the lower band of the stock's 52 week trading range between $67.96 and $105.10.
And EZchip Semiconductor ( EZCH ), a semiconductor solutions provider, said the 30-day "go-shop" period linked to an amended merger accord with Mellanox Technologies ( MLNX ) has expired without finding an alternative buyer.
Shares in EZchip Semiconductor were flat at $24.31 pre-bell. This is within the upper band of the stock's 52 week trading range between $14.30 and $25.21.
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