Some Tech Stocks Make Gains Despite Widespread Losses - PlasticsNet
Home  |  Buy Online  |  Sell Online  |  Services  |  JOBS  |  News & Community Sign-In  |  Free Newsletter  |  

 
BackJob Seeker HomeJob Seeker OptionsJob SearchPrint This Page
Job Seeker Live Help
Thursday January 8, 2009
 
 

Some Tech Stocks Make Gains, Despite Widespread Losses

written by K.C. Jones, courtesy of InformationWeek
The Dow Jones industrial average fell about 200 points in the last half-hour of trading Tuesday, to close down 2%, and the Nasdaq closed down 0.83%, as a handful of technology companies managed to close in positive territory.

Apple, eBay, Research in Motion, Oracle, and Amazon.com were among the few companies to recover slightly Tuesday, a day after steep losses across the board.

Research In Motion, which announced the BlackBerry Storm, a touch-screen smartphone available exclusively through Verizon, closed up 4.63%, at $57.60 a share. The launch didn't seem to help Verizon, which closed down 2.46%, at $27.73 per share, following a trend of losses among telecommunications companies.

Oracle was among several software companies to weather Tuesday's rough seas with a slight increase of 0.6% to close at $16.88 per share. Novell, Citrix, and CA also ended higher Tuesday. Citrix rose a notable 5.32% to close at $20.58. Novell rose 5.49% to close at $4.61, while CA rose 0.53% to close at $17.01 per share.

Shares of Microsoft fell 0.95% to $23.01.

Apple traded at $89.79 at the close, up 0.73% from Monday, while shares of eBay rose 3.09% to trade at $17.02.

Shares of Amazon rose 4.27% to trade at $61.02 on news that the company's brand recognition had increased and its customer satisfaction matched that of iTunes, according to a recent Ipsos study.

Dell appeared poised to close in positive territory before sliding during the last minutes of trading to close down 0.37%, at $13.50 a share.

IBM hit a 52-week low to close down 5.33%, at $90.55 a share.



Comments

There have been no comments made on this article. Why not be the first and add your own comment using the form below.

Leave a comment

Please complete the form below to submit a comment on this article. A valid email address is required to submit a comment though it will not be displayed on the site.


 
Write an Article. Get Noticed!
Submit an article and share your expertise and opinions with millions of business professionals. If you want to get your articles published, broaden your reach and build a network of contacts, this is a great way to do it all!
Click Here

   
 
Go to the Top © Copyright 2001-2009 PlasticsNet  All rights reserved.
Beyond.com Career Portal Software. © Copyright 2001-2009 Beyond.com, Inc.
Privacy Policy   Terms of Service   Job Network   Job Search   Resume Post   FAQ   Affiliates   Contact Us
Syndicated Career Content: Job Feeds via RSS/XML and Yahoo.
Powered by Beyond.com