Technology Sector Update for 01/13/2020: MSFT, AAPL, IBM, CSCO, GOOG, NLOK, INFY, SFET
Jan. 13, 2020
Top Tech Stocks:
Top tech stocks were mostly trading higher before markets open on Monday.
Tech stocks moving on news include:
(+) Safe-T Group (SFET), which added more than 5%. The company said it expects revenue in the range of $1.1 million to $1.2 million in Q4, which represents a 138% to 160% increase year over year.
(+) NortonLifeLock (NLOK), which gained almost 1% after recently announcing a special, one-time cash dividend of $12 per common share. The dividend will be paid on Jan. 31 to shareholders of record as of Jan. 23.
(+) Infosys (INFY), which was up more than 2%. The company reported fiscal Q3 diluted earnings of INR10.50 ($0.15) per share, up from INR8.29 per share a year ago and higher than the consensus estimate of INR9.84 from analysts polled by Capital IQ.
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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