Sector Update: Tech

Friday, October 25, 2019 1:09 PM | MT Newswires

Technology stocks were firming in Friday trade, with the shares of tech companies in the S&P 500 climbing almost 1.1% while the Philadelphia Semiconductor Index was rising more than 1.7%. Among technology stocks moving on news, First Solar (FSLR) dropped 6% after late Thursday reporting Q3 net income of $0.29 per share, down from $0.54 per share during the year-ago period and also lagging the Capital IQ consensus expecting a $1.11 per share profit.

Price: 52.59, Change: -3.30, Percent Change: -5.90

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