BABA

Technology Sector Update for 12/20/2018: BILI, BABA, ERIC, QTRH, MSFT, AAPL, IBM, CSCO, GOOG

Top Technology Stocks:

MSFT: -0.18%

AAPL: -0.56%

IBM: -0.15%

CSCO: -0.02%

GOOG: FLAT

Most technology stocks were declining pre-bell Thursday.

Early movers include:

(+) Bilibili ( BILI ), which was up more than 5% after announcing a business collaboration agreement with Taobao Marketplace, a mobile commerce unit of Alibaba Group ( BABA ).

In other sector news:

(+) Mobile operator Tigo Senegal said pre-market Thursday that it has chosen Ericsson ( ERIC ) to lead its nationwide network modernization project as it looks to accelerate digitalization in the telecommunications market. Ericsson was up almost 1% after the news.

(-) Quarterhill ( QTRH ) was down more than 1% as its indirect subsidiary Polaris Innovations granted a term license for certain patents to Powerchip Technology Corporation.

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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