Technology Sector Update for 11/19/2019: JKS, NOW, CELG, BMY, BILI, MSFT, AAPL, IBM, CSCO, GOOG

Top Technology Stocks:

MSFT: +0.44%

AAPL: +0.33%

IBM: +0.21%

CSCO: +0.07%

GOOG: +0.40%

Top technology stocks were trading higher pre-bell Tuesday.

Early movers include:

(+) JinkoSolar Holding (JKS), which was advancing more than 6% after booking a Q3 adjusted profit of RMB6.13 ($0.86) per American depositary share, up from RMB5.28 per ADS in the prior year period. Analysts polled by Capital IQ had expected $0.80.

(+) Cloud-computing company ServiceNow (NOW) was up more than 4% as it is set to be added to the S&P 500 index to replace drug developer Celgene (CELG), which is being acquired by Bristol-Myers Squibb (BMY).

(+) Bilibili (BILI) was gaining more than 2% after it reported a Q3 adjusted net loss of RMB1.05 ($0.15) per share, compared with loss of RMB0.72 a year ago, and beating the consensus estimate by Capital IQ for a loss of RMB1.08.

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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