Universal Display Corp OLED:NASDAQ

Last Price$176.57NASDAQ Previous Close - Last Trade as of 3:59PM ET 10/21/19

Today's Change+4.65(2.70%)
Bid (Size)$60.00 (5)
Ask (Size)$182.67 (16)
Day Low / High$172.46 - 178.56
Volume392.3 K

Sector Update: Tech Stocks Sliding Tuesday

1:46PM ET 9/10/2019 MT Newswires
Top Tech Stocks

MSFT -1.07%

AAPL +0.14%

IBM +0.77%

CSCO +1.07%

GOOG +0.45%

Technology stocks were falling in recent trading, with the shares of tech stocks in the S&P 500 slipping 0.9% although the Philadelphia Semiconductor Index was fractionally lower.

Among technology stocks moving on news:

(-) Universal Display Corp (OLED) declined over 10%. A new regulatory filing showed CEO Steven Abramson sold another 31,182 shares of the organic light emitting diode company's common stock through a pre-arranged Rule 10b5-1 trading plan. The shares fetched an average price of $222.02 each, or more than $6.92 million overall, and trimmed his total direct stake in Universal Display to 146,493 shares.

In other sector news:

(+) Taiwan Semiconductor Manufacturing (TSM) has turned narrowly higher this afternoon, overcoming an earlier decline. The chipmaker Tuesday reported a 16.5% increase in August revenue over year-ago levels, rising to TWD106.12 billion, or about $3.40 billion, compared with TWD91.06 billion during August 2018.

(-) Heico (HEI) declined 4% after the electronics manufacturer said its dB Control subsidiary has acquired privately held TTT-Cubed in an all-cash transaction. TTT-Cubed produces aerospace and defense-related components and the deal is expected to add to Heico's per-share profit during the year following the purchase.

Price: 189.39, Change: -21.56, Percent Change: -10.22