NEW YORK (
) -- Following the
debut of Surface
, shares of
(MSFT - Get Report)
climbed 2.88% to $30.70. Shares of
, which will be Microsoft's primary competitor in the tablet space, rose a modest 0.28% to close at $587.41.
(NVDA - Get Report)
Tegra 3 Chips will be used in a model of the Surface Tablet. Shares of the graphics-chip producer popped 6.73% to $13.23 on Tuesday.
See companies poised to benefit from the Microsoft Surface
(ORCL - Get Report)
fourth quarter earnings report
late on Monday, three days ahead of schedule. The software giant's strong results drove shares up by 3.10% to $27.96 during Tuesday trading.
(UBNT - Get Report)
, known as one of Silicon Valley's fastest growing companies, rose 4.31%, closing at $13.55 on Tuesday. CEO Robert Pera
agreed to buy the Memphis Grizzlies
basketball team for $350 million.
Over half of the company's floating shares were sold short a month ago because investors were concerned about earnings quality, amongst other things, according to
A day after a US District Court ruled in favor of
(VRNG - Get Report)
in a hearing concerning patents and intellectual property, shares of the New York-based company jumped 8.46% reaching $4.36.
--Written by Nathalie Pierrepont in New York.
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