Tech Stocks in Motion

Updated from 1:16 p.m. EDT

Shares of Innovative Solutions & Support(ISSC Quote) were among the best-performing technology stocks Thursday, rising 6.6% after the company posted fourth-quarter earnings that beat expectations.

The maker of flight information computers and other aviation equipment earned 37 cents a share on sales of $14.4 million. Analysts polled by Thomson First Call were expecting earnings of 29 cents a share on sales of $13.7 million. A year ago the company earned 23 cents a share on sales of $10.1 million. Strong sales of the company's air data flight information computers helped propel fourth-quarter earnings results. Shares traded up $1.72 to $27.93.

Netflix(NFLX Quote) rose 14% after the company raised subscriber and sales estimates for the fourth quarter. The DVD rental service company now expects fourth-quarter subscribers of 2.45 million to 2.65 million, up from previous guidance of 2.3 million to 2.5 million. Sales are expected to be $139 million to $143 million, up from previous guidance of $138 million to $142 million. Netflix attributed the better subscriber outlook to a recent price cut. Despite raising its subscriber and sales estimates higher, Netflix lowered its fourth-quarter earnings range to 3 cents to 8 cents a share from an earlier estimate of 3 cents to 9 cents a share. Analysts had expected earnings of 10 cents a share. Shares traded up $1.46 to $11.92. ...