Micron, Tibco, BlackBerry, Zynga: Tech Premarket

NEW YORK ( TheStreet) -- Micron Technology ( MU) shares popped almost 8% in premarket trading on Friday, after reporting better-than-expected second-quarter revenue.

Late on Thursday, the chipmaker reported sales of $2.08 billion, above analysts' estimates of $1.92 billion. Micron posted a loss of 28 cents a share, compared with Wall Street's anticipated loss of 20 cents a share.

Shares of Micron gained 7.94% to reach $9.79 before market open. The Boise, Idaho-based firm was also the most active premarket Nasdaq stock on share volume of 1,019,678.

Shares of Tibco Software ( TIBX), however, slumped 16.44% to $19.36 after the company's first-quarter revenue miss.

The software maker was another active premarket stock on share volume of 290,345.

BlackBerry's ( BBRY) stock gained 0.99% to $16.32, while Zynga ( ZNGA) was up 2.06% to $3.42.

--Written by James Rogers in New York.

If you liked this article you might like

Stocks Claw Back From Session Lows as Markets Digest North Korea Threat

North Korea Threat Resurfaces to Drag Stock Futures Lower

7 Essential Rules for Investing in Tech Stocks

Wall Street Deflates in Pullback After Fed Excitement, No Records for Dow