Top Technology Stocks:
Technology majors were mostly higher pre-market Monday.
Stocks moving on news include:
(-) Micro Focus International (MFGP), which was declining by over 11% after Open Text (OTEX) denied speculation that it is considering buying the rival company.
(+) German software company SAP (SAP) was up more than 2% after it reported Q3 earnings of EUR1.30 ($1.45) per share, up from EUR1.14 per share in the prior-year quarter and matching the estimate from analysts surveyed by Capital IQ.
In other sector news:
(+) Teradyne (TER) was slightly higher after it agreed to acquire AutoGuide Mobile Robots, a maker of autonomous mobile robots, for $58 million in cash plus $107 million in milestone payments.
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