Technology

Technology Sector Update for 06/13/2019: SFET, ICAD, TUFN, MSFT, AAPL, IBM, CSCO, GOOG

Top Technology Stocks:

MSFT: +0.31%

AAPL: +0.39%

IBM: +0.10%

CSCO: +0.43%

GOOG: +0.55%

Top technology stocks were gaining pre-market Thursday.

Stocks moving on news include:

(+) Safe- T Group (SFET), which was advancing by more than 7% after it reported non-IFRS Q1 adjusted loss of $0.02 per share, narrower than the loss of $0.10 in the same period a year ago.

(-) icad (ICAD), was declining by more than 7% after it priced its underwritten registered public offering of 1,636,364 shares of its common stock at $5.50 per share, for gross proceeds of approximately $9 million.

In other sector news:

(+) Tufin (TUFN) was marginally higher after it reported a first-quarter adjusted net loss of $0.41 per share, compared with the year-ago period's loss of $0.04 per share. Analysts polled by Capital IQ had reached a consensus mean estimate of a $0.42 per share loss.

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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