Google, Netflix: Tech Winners & Losers
Tech winners/losers story updated with closing prices.
NEW YORK (TheStreet) -- The tech-heavy Nasdaq rose 20 points to 2,766 Tuesday, boosted by a drop in oil prices and encouraging comments from Bank of America's (BAC)CEO.
Google (GOOG) increased as well, going up 0.11% to close at $592.31, after a new Comscore study showed that its Android operating system captured the largest market share among U.S. smartphone owners.
Android's market share jumped 7 percentage points to 31.2% between October and January, placing the mobile software ahead of Apple's (AAPL) iOS operating system and Research In Motion's (RIMM).
Callidus Software (CALD), which sells sales performance management software, soared 10.32% to close at $6.84, hitting a new 52-week high. The company announced Monday it had closed its acquisition of ForceLogix for $3.75 million in cash. Video game giant Activision (ATVI) increased 1.83% to $11.11, after announcing that its Call of Duty: Black Ops game has become the best-selling title of all time for Sony's (SNE) PlayStation 3. Black Ops has been smashing video game records since its launch in November, when it sold 5.6 million copies on the first day of its release. Netflix (NFLX) fell almost 6% to close at $195.45, after Facebook announced that it is testing a video streaming service . The first installment of the trial is 2008's The Dark Knight, which users will have access to for 48 hours. Coinstar (CSTR) also declined on the Facebook news, dropping 5.3% to $42.18. The company's Redbox division said last month that it is also looking to get into the video streaming business . --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.
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