Top Technology Stocks:
MSFT: -0.07%
AAPL: -0.17%
IBM: Flat
CSCO: -0.15%
GOOG: -0.19%
Technology giants were mostly declining pre-market Monday.
Early movers include:
(+) Yandex (YNDX), which was more than 2% higher, recovering from a slump after Bloomberg reported on a Kremlin-backed draft law that seeks to restrict foreign ownership of the internet company and other tech firms in Russia on grounds of national security.
In other sector news:
(-) The US Justice Department’s antitrust division is launching an in-depth review of the proposed $2.6 billion acquisition of Looker Data Sciences by Alphabet’s (GOOG, GOOGL) Google, Bloomberg News reported Friday, citing people familiar with the situation. Alphabet was lower in recent trading.
(=) Amdocs (DOX) was unchanged after announcing that it will provide Dutch telecom firm VodafoneZiggo with its network function virtualization product for deploying virtual cloud networks.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
