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Sector Update: Leading Tech Stocks Mostly Lower Pre-Market Friday

9:06AM ET 7/19/2019 MT Newswires
Top Technology Stocks:

MSFT: +2.76%

AAPL: +0.19%

IBM: -0.20%

CSCO: -0.24%

GOOG: +0.10%

Leading technology stocks were mostly lower pre-market Friday.

Stocks moving on news include:

(+) CrowdStrike Holdings (CRWD), which was surging more than 18% after saying its fiscal Q1 non-GAAP net loss was $22.1 million, or a $0.47 loss per diluted share, improving year over year from the loss of $31.7 million, or a $0.73 loss per diluted share, and a penny narrower than consensus estimates.

(+) Microsoft (MSFT) was rallying more than 2% after it reported Q4 non-GAAP earnings of $1.37 per share, up 21% over year-ago levels and well ahead of the analyst consensus of $1.21 per share on Capital IQ. Revenue was $33.7 billion, up 12% from last year and better than expectations of $32.8 billion.

In other sector news:

(=) Wix.com (WIX) was unchanged after announcing the expansion of its business operations in Japan with the opening of an office and customer support center in Tokyo.

Price: 86.21, Change: +13.46, Percent Change: +18.50