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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Yahoo! Inc. (MM) | NASDAQ:YHOO | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 52.58 | 52.80 | 52.85 | 0 | 00:00:00 |
By Benjamin Pimentel
The tech sector advanced early Thursday, powered by gains in shares of Symantec Corp. and broader investor optimism on reports of an expanding U.S. economy.
Symantec (SYMC) shares soared more than 10% in the opening minutes of the session, a day after the security-software maker posted higher earnings despite a revenue decline.
LSI Corp. (LSI) also saw its shares jump more than 5%, a day after the chip maker posted a jump in quarterly profit.
The double play, combined with news of a 3.5% increase in U.S. gross domestic product, helped lift the tech sector to early gains, as the Nasdaq Composite Index (RIXF) rose 0.7% to 2,074.
The Morgan Stanley High Tech 35 Index (MSH) and the Philadelphia Semiconductor Index (SOX) were each up 1%.
Major tech players posted gains, including Intel Corp. (INTC), eBay Inc. (EBAY) and Apple Inc. (AAPL).
However, Oracle Corp. (ORCL), Yahoo Inc. (YHOO) and Microsoft Corp. (MSFT) were in the red.
The Dow Jones Industrial Average (DJI) was up more than 50 points.
1 Year Yahoo! Inc. (MM) Chart |
1 Month Yahoo! Inc. (MM) Chart |
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