Top Technology Stocks:
Leading technology stocks were mixed during pre-market trading Monday.
Early movers include:
(+) Yandex (YNDX), which was almost 6% higher amid proposed changes to its corporate governance structure and a 12-month buyback program for up to $300 million class A shares.
(-) Xerox (XRX) was declining nearly 2% after HP (HPQ) rejected its unsolicited offer, which had a total transaction value of approximately $33.5 billion. HP said its remains open to considering a further offer.
In other sector news:
(-) Cabot Microelectronics (CCMP) was slightly lower after it reported an adjusted EPS of $1.68 for fiscal Q4, down from $1.73 in the year-ago quarter but beating the $1.61 average estimate compiled by Capital IQ.