This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

THQ, Neflix: Tech Winners & Losers

Tech Winners & Losers updated with closing prices.

NEW YORK ( TheStreet) -- As the Nasdaq closed down more than 8 points Friday at 2,534, a few tech stocks saw upside on the biggest shopping day of the year.

Video game company THQ (THQI) rose 3.49%, or 17 cents, to close Friday at $5.18 on excitement over its uDraw tablet for the Wii console. The device is the No. 7 best-selling game for the Wii on Amazon (AMZN).

>>THQ CEO: Great Games Transcend Platforms

On its most recent earnings call, THQ increased guidance for the uDraw tablet from 1 million devices to 1.25 to 1.3 million for the fiscal year. Shares of THQ have jumped almost 20% in the last five days.

Netflix (NFLX - Get Report) rose $2.42 and closed at $191.19 after as Piper Jaffray boosted its price target on the company from $180 to $202.

On Monday, Netflix announced that it would be promoting a new streaming-only subscription plan for $7.99, which would allow members to watch unlimited TV episodes and movies. Netflix hit a new 52-week high earlier this week.

F5 Networks (FFIV) also hit a 52-week high Friday of $135.15. Shares of F5 have risen over 154% in the last year. F5 closed up $2.49 to $135.04 Friday.

Meanwhile, shares of Alcatel Lucent (ALU - Get Report) fell more than 3% Friday and closed at $2.84. The company was downgraded last week to under perform from neutral by Credit Suisse.

Brocade (BRCD - Get Report) declined about 1% to close at $5.05, as the company's outlook for next quarter did not meet analysts' projections.

The company said on Monday it expects revenue between $535 million and $550 million, below the $557 million expected by analysts. Brocade also said it expects adjusted earnings of 9 cents to 10 cents a share, while analysts were projecting 14 cents.

--Written by Olivia Oran in New York.

>To follow the writer on Twitter, go to http://twitter.com/Ozoran.

>To submit a news tip, send an email to: tips@thestreet.com.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
THQI $0.31 0.00%
ALU $3.66 -1.08%
BRCD $10.04 -0.64%
NFLX $121.01 7.50%
AAPL $114.64 -3.21%

Markets

Chart of I:DJI
DOW 17,550.69 -47.51 -0.27%
S&P 500 2,093.32 -4.72 -0.22%
NASDAQ 5,105.5460 -9.8360 -0.19%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs