(Updated from 6:47 p.m.)
Unwilling to let go of today's late-session gains on the
Nasdaq Composite Index, investors bid technology stocks modestly higher in extended action.
rose 0.9% to $62.36 on
and climbed 1.9% to $63 on
ECN, having dropped to a two-year low in the regular session on the heels of a profit warning from
and a downgrade on the stock by
Deutsche Banc Alex. Brown
lifted 0.9% to $21 on Instinet and Island, after roiling the market with the news that its fiscal third-quarter earnings and revenue would fall below expectations. After dropping as much as 5% in the regular session, Sun closed unchanged from yesterday.
increased 0.5% to $21.45 on Instinet, after plunging 8.2% during the day amid worries that the Finnish phone maker would issue a profit warning. Earlier this morning,
downgraded its ratings on several European telecom equipment firms, including Nokia,
added 1.9% to $32.98 on Instinet and Island, after gaining 5.9% today despite a downgrade by
Morgan Stanley Dean Witter
. The investment firm lowered its price target for JDSU, saying it expected a decline in revenue in the company's fiscal third quarter.
rose 1.8% to $30.47 on Instinet and advanced 1.3% to $30.31 on Island, while
boosted 4.6% to $35.50 on Island. This morning, the two companies signed a technology and business deal worth $1 billion over seven years.
This information is provided by Instinet, a wholly owned subsidiary of Reuters (RTRSY) . For further information, please contact Instinet at www.instinet.com.
Island ECN, owned by Datek Online, offers trading, mainly in Nasdaq-listed stocks, from 7 a.m. to 8 p.m. EST.
explains how the rules change when the sun goes down in Investing Basics: Night Owl, a section devoted to after-hours trading.