Top Technology Stocks:
Technology stocks were edging lower in midday trading, with the shares of tech stocks in the S&P 500 were down 0.6% in value while the Philadelphia Semiconductor Index was falling over 0.8%.
Among technology stocks moving on news:
(+) Net Element (NETE) was soaring over 12% after the company said it expects Q3 revenue in its international transactions operation to rise 40% over Q2.
(+) Digital Ally (DGLY) was rallying over 83% after the company received a patent allowing for a device and software that will help police officers conduct sobriety tests during traffic stops.
In other sector news:
(-) B.O.S. Better Online Solutions (BOSC) was down 8% after the firm reported Q2 adjusted EPS of $0.05 per basic share compared with $0.06 per basic share in the comparable quarter of last year.
(-) GTT Communications (GTT) was dropping over 10% on news of its CFO Mike Sicoli resigning Sept. 30.
(-) Anaplan (PLAN) was falling over 6% after it posted a fiscal Q2 adjusted loss of $0.12 per diluted share, narrower than a loss of $0.18 per share a year ago and the $0.16 average loss estimate from analysts polled by Capital IQ.
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