Investors were mainly bidding up tech stocks in extra-session trading Wednesday, as a security software maker bolted higher, as did an Internet and media giant.
, the maker of Norton Antivirus, among other products, was up 8.2% to $37.50 after the company
beat fourth-quarter estimates and raised its guidance for 2003. Meanwhile,
AOL Time Warner
, which posted a mammoth loss, rose 3.6% to $20 despite cutting its
cash-flow targets for the rest of the year.
was up after the maker of analog and communications chips offered its latest
quarterly report and guidance, while
dropped 14.9% to $5.10 after disclosing plans to sell more stock.
Among other active, widely held issues, the
Nasdaq 100 Unit Trust
was inching up 0.2% to $32.55.
was gaining 0.3%, and
were all fractionally higher.
was the big percentage winner, jumping 41% to $17.35 on news that
will acquire the company for $18 a share in a deal valued at about $300 million. Simplex ended
regular trading at $12.30. Another winner was
, which rose 14% to $20.45 after beating Wall Street's expectations for the latest quarter.
The losers included
, which dropped 15.4% to $20.99, after the medical diagnostic products maker posted earnings, and
, which lost 12% to $11.50 following the revelation that previous third-quarter targets were too high.