Technology Sector Update for 09/11/2019: ZS, DPW, MAXR, MSFT, AAPL, IBM, CSCO, GOOG

Top Technology Stocks:

MSFT: +0.27%

AAPL: +0.37%

IBM: +0.04%

CSCO: +0.51%

GOOG: +0.05%

Technology heavyweights were climbing in Wednesday's pre-bell trading.

Stocks moving on news include:

(-) Zscaler (ZS), which was slumping more than 20% after it reported fiscal Q4 net income of $0.07 per share, compared with net loss of $0.01 per share in the year-ago quarter. Analysts polled by Capital IQ were expecting EPS of $0.02.

(+) DPW Holdings (DPW) was up more than 6% after it acquired the rights to be the sponsor of the license to an index tied to blockchain investments.

(+) Maxar Technologies (MAXR) was advancing by over 3% after its MDA subsidiary was contracted to design and build navigation antennas for use on the MEASAT-3D satellite, a new communication satellite that Airbus is making to deliver internet connectivity over Malaysia.

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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