Microsoft Corp MSFT:NASDAQ

Last Price$139.44NASDAQ Previous Close - Last Trade as of 4:00PM ET 9/20/19

Today's Change-1.63(1.16%)
Bid (Size)$139.00 (7)
Ask (Size)$139.02 (3)
Day Low / High$138.25 - 141.65
Volume40.0 M

Sector Update: Most Leading Tech Stocks Retreat Pre-Market Friday

9:09AM ET 8/23/2019 MT Newswires
Top Technology Stocks:

MSFT: -0.66%

AAPL: -1.44%

IBM: -0.57%

CSCO: -0.79%

GOOG: Flat

Leading technology stocks were mostly retreating pre-market Friday.

Stocks moving on news include:

(-) HP (HPQ), which was slumping more than 9% after the computer manufacturer said Enrique Lores has been selected to succeed Dion Weisler as president and CEO on Nov. 1, while upstaging better-than-expected fiscal Q3 earnings. HP reported fiscal Q3 financial results, earning $0.58 per share during the three months ended July 31, excluding one-time items, on $14.6 billion in revenue.

(+) Salesforce (CRM) was gaining more than 6% in value after it ramped up its full-year guidance as the provider of cloud-based customer relationship management software posted better-than-expected results for its second quarter. The company booked revenue of $4.00 billion in the three months ended July 31, up from $3.28 billion in the corresponding quarter of the prior year. This was also ahead of the consensus estimate of analysts polled by Capital IQ for $3.96 billion. It sees full-year revenue up 26% to 27% year over year.

(-) VMware (VMW) was down 6% after it reported second-quarter results that beat the market's expectations and also announced bids to acquire Pivotal Software (PVTL) and Carbon Black (CBLK) for a total enterprise value of almost $4.8 billion.

Price: 17.23, Change: -1.70, Percent Change: -8.98