Technology Sector Update for 11/04/2019: CRNT, SOHU, MSFT, AAPL, IBM, CSCO, GOOG – Nasdaq

Top Technology Stocks:

MSFT: +0.56%

AAPL: +0.77%

IBM: +0.72%

CSCO: +0.79%

GOOG: +0.51%

Technology giants were advancing pre-market Monday.

Early movers include:

(-) Ceragon Networks (CRNT), which was down more than 16% after the company reported adjusted Q3 per-share earnings of $0.01, down from last year’s $0.07 and below the consensus estimate of $0.04 from analysts polled by Capital IQ.

(+) Sohu.com (SOHU) was climbing by more than 4% as it posted a Q3 non-GAAP net loss of $0.43 per American depositary share, beating the Capital IQ forecast for a loss of $0.75.

(+) Sapiens International (SPNS) was up more than 1% after it booked a Q3 non-GAAP EPS of $0.21 that climbed from $0.15 a year ago and topped the $0.19 average estimate 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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