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AMZN Amazoncom CDR CAD Hedged

21.75
-0.23 (-1.05%)
After Hours
Last Updated: 21:00:00
Delayed by 15 minutes
Name Symbol Market Type
Amazoncom CDR CAD Hedged NEO:AMZN NEO Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -0.23 -1.05% 21.75 21.71 22.00 22.17 21.62 22.01 282,754 21:00:00

TECH STOCKS: Techs Edge Lower As Amazon.com Shares Fall

15/10/2009 3:21pm

Dow Jones News


Amazoncom CDR CAD Hedged (NEO:AMZN)
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By Benjamin Pimentel

The tech sector edged lower early Thursday, as shares of Amazon.com fell.

Amazon (AMZN) was down about 1.5% in early trading, as the Nasdaq Composite Index (RIXF) dipped by about 0.3% to 2,166, following Wednesday's strong gains.

But the tech-heavy benchmark was still up more than 1% for the week, after Intel Corp.'s results triggered a wave of optimism in the entire sector as the earnings season kicks off.

Three more tech heavyweights - IBM Corp., Google Inc. and Advanced Micro Devices -- will report results Thursday. IBM (IBM) shares were down about 0.9% early morning, while Google (GOOG) was off 0.4% and AMD (AMD) lost 1.3%.

Intel (INTC) was mostly flat, but other chip giants were in the red, including Texas Instruments (TXN) and SanDisk Corp. (SNDK). Xilinx Inc. (XLNX) fell nearly 2% after posting a drop in quarterly profit on Wednesday.

Other major tech players saw their shares decline, including Dell Inc. (DELL), Cisco Systems (CSCO) and Apple Inc. (AAPL).

Meanwhile, Microsoft Corp. (MSFT), Nvidia Corp. (NVDA) and Adobe Systems (ADBE) advanced.

 
 

1 Year Amazoncom CDR CAD Hedged Chart

1 Year Amazoncom CDR CAD Hedged Chart

1 Month Amazoncom CDR CAD Hedged Chart

1 Month Amazoncom CDR CAD Hedged Chart