TECH STOCKS: Zynga Gains In Mildly Upbeat Tech Session

By Rex Crum, MarketWatch

SAN FRANCISCO (MarketWatch) -- Tech stocks managed to close with some reasonable gains Friday, with Zynga Inc. a standout following the social-gaming company's most-recent quarterly results.

Zynga (ZNGA) shares pulled back from their high points, but still closed with a gain of 3% at $2.43. Late Thursday, Zynga reported better-than-expected third-quarter sales, and the company said mobile games made up 55% of its total bookings in the quarter.

Along with Zynga, small gains came from tech leaders such as Amazon.com Inc.(AMZN), Apple Inc. (AAPL) and Yahoo Inc. (YHOO).

An upbeat jobs report highlighted the day's trading sentiment. By the time the market closed, the Dow Jones Industrial Average (DJI) had risen almost 20 points to finish at 17,573, but the tech-heavy Nasdaq Composite Index (RIXF) shed almost 6 points to end the week at 4,632.

(Read more about the latest U:S: jobs data http://www.marketwatch.com/story/us-gains-214000-jobs-in-october-unemployment-drops-to-58-2014-11-07.).

Graphics chip maker Nvidia Corp. (NVDA) shed more than 2% to close at $19.79 despite the company reporting better-than-expected third-quarter earnings late Thursday. Nvidia also reported gross margins of 55.2% and said its fourth-quarter gross margins would likely remain flat.

Losses also came from Twitter Inc. (TWTR), Netflix Inc. (NFLX) and Microsoft Corp. (MSFT).

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