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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Applied Materials Inc | NASDAQ:AMAT | NASDAQ | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 6.49 | 3.28% | 204.40 | 185.00 | 209.00 | 205.27 | 199.95 | 202.00 | 3,818,512 | 05:00:03 |
From May 2019 to May 2024
By Rex Crum, MarketWatch
SAN FRANCISCO (MarketWatch) -- Tech-sector stocks saw mixed movement Friday morning, with the notable exception of gains from Applied Materials Inc., Rackspace Hosting Inc. and Autodesk Inc.
Applied Materials (AMAT) shares rose almost 7% to $19.95 after the semiconductor equipment maker reported a fiscal second-quarter profit led by sales from its silicon systems business.
Rackspace (RAX) surged by more than 20% to $36.99 a share, after the cloud-services company said in a regulatory filing that it has hired Morgan Stanley to explore strategic options for the business. The company said it has been "approached by multiple parties" in recent months about exploring everything "from partnership to acquisition."
Design-automation software company Autodesk (ADSK) saw its shares rise almost 6%, to $50.60, after it reported a fiscal first-quarter profit of 32 cents a share on $593 million in sales. Wall Street analysts had forecast Autodesk to earn 21 cents a share on revenue of $568 million.
Mild gains also came from eBay Inc. (EBAY), Micron Technology Inc. (MU) and Sandisk Corp. (SNDK)
Google Inc. (GOOGL) shares were off by almost 1%. The company named veteran marketing executive Ivy Ross as the new head of its Google Glass business.
Amazon.com Inc. (AMZN), Facebook Inc. (FB), Apple Inc. (AAPL) and Yahoo Inc. (YHOO) saw shares decline Friday.
The Nasdaq Composite Index (RIXF) shed 14 points to 4,055.
More must-reads from MarketWatch:
Carl Icahn buys into eBay, raises stake in Apple
Ivy Ross to lead Google Glass
Apple's new challenger is the Mi Pad
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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