Micron, Seagate Lead Tech Stocks Higher
Page 1 of 1
Micron (NASDAQ: MU), Seagate (NASDAQ: STX) and Novell (NASDAQ: NOVL) led the Nasdaq to a fresh 18-month high on Monday.
Micron gained 4 percent after Standard & Poors raised the companys credit outlook to positive, while Seagate and Western Digital (NYSE: WDC) jumped on a positive report from a Brean Murray, Carret analyst.
Novell rose 4.4 percent after the company said a takeover offer from a hedge fund is inadequate.
Google (NASDAQ: GOOG) ended lower after making good on a threat to stop censoring search results in China.
Palm (NASDAQ; PALM) shares slipped despite a deal with AT&T that could ease fears about the companys future.
Techwell (NASDAQ: TWLL) soared 48 percent on a merger deal with Intersil (NASDAQ: ISIL).
Oracle (NASDAQ: ORCL) will be the tech sectors biggest news this week when the enterprise software giant reports quarterly results late Thursday.