Technology Sector Update for 11/21/2019: MSFT, AAPL, IBM, CSCO, GOOG, PLAN, NUAN, UBER

Top Tech Stocks

MSFT: -0.08%

AAPL: +0.55%

IBM: flat

CSCO: +0.09%

GOOG: flat

Leading tech stocks were mixed in pre-market trading Thursday.

Among stocks moving in news:

(+) Anaplan (PLAN) was up nearly 12% after the cloud-based planning platform posting a fiscal Q3 adjusted loss of $0.08 per share, narrower than the loss of $0.18 per share in the same period a year ago and beating the Capital IQ forecast for a loss of $0.13 per share.

(+) Nuance Communications (NUAN), gained about 7%. The company reported ASC 606 non-GAAP EPS of $0.33 and ASC 605 non-GAAP EPS of $0.34 for the three months ended Sept. 30., compared with ASC 605 non-GAAP EPS of $0.33 for the year-ago period. Analysts surveyed by Capital IQ had projected non-GAAP EPS of $0.28.

(+) Uber (UBER), was up more than 2%. CEO Dara Khosrowshahi has acquired additional shares in the ride-hailing company, while Director Garrett Camp sold some more of his holdings.

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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