Last Price$31.29NYSE Previous Close - Last Trade as of 7:00PM ET 6/28/22

Today's Change-1.71(5.18%)
Bid (Size)$28.28 (1)
Ask (Size)$34.35 (1)
Day Low / High$31.28 - 33.72
Volume2.3 M

Sector Update: Tech Stocks Stay in Positive Territory Late Wednesday

3:09PM ET 4/27/2022 MT Newswires
Technology stocks continued to advance in late Wednesday trading, with the SPDR Technology Select Sector ETF (XLK) gaining 1.7% and the Philadelphia Semiconductor Index rising 0.3%.

In company news, Alphabet (GOOG) slid 3.3% after the Google parent company late Tuesday missed Wall Street expectations with its Q1 earnings, prompting downward action from several analysts. Net income fell to $24.62 per share from $26.29 a year earlier, lagging the Capital IQ-compiled consensus of $25.54.

Vertiv Holdings (VRT) rose more than 11% after the networking equipment firm reported a Q1 non-GAAP net loss of $0.08 per share, reversing a $0.21 per share adjusted profit a year earlier but still exceeding the Capital IQ-compiled consensus of a $0.16 per share loss.

NCR (NCR) was almost 22% lower after the ATM manufacturer missed analyst estimates with its Q1 net income and also reduced its FY22 guidance. NCR earned $0.33 per share during the three months ended March 31, down from $0.51 per share a year earlier.