Top Tech Stocks
Technology stocks were a big drag on U.S. equities today, with shares of tech companies in the S&P 500 Thursday sinking almost 0.5% shortly before the closing bell.
In company news, CA Technologies ( CA ) edged higher Thursday, rising less than 1%, after the database software company today won a contract to improve management and update security and performance of electronic data collected and stored by the Italian Ministry of the Interior.
The three-phase project also is aiming to lower the cost of providing municipalities and prefectures with reliable and easier-to-use data systems, the company said Thursday. Financial terms of the new contract were not disclosed.
In other sector news,
(+) TGEN, Sells two model DTx water chillers for use at an indoor cannabis growing facility in Massachusetts for $750,000, including other accessories and additional options.
(-) IOTS, Prices $17.5 mln public offering of 4.375 mln shares of its common stock at $4.00 apiece, a 16.7% discount to Wednesday’s closing price.
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