Tech winners and losers story updated with closing prices
NEW YORK (
) -- The Nasdaq closed up 20.3 points to close at 2,739.5 Wednesday, boosted by a strong performance from tech stocks.
jumped 6.4% to close at $37.05,
The networking company posted revenue of $1.19 billion, up 26% on the prior year's quarter, and topping Wall Street's estimate of $1.12 billion.
Excluding items, Juniper earned 42 cents a share, a 31% hike on the same period last year. Analysts had forecast earnings of 37 cents a share.
rose 1% to close at $34.32 after
The company reported adjusted earnings of 64 cents a share, edging analyst estimates.
Revenue came in at $3.53 billion, up 17% from the year-ago period, and incrementally ahead of the consensus estimate.
increased 5.5%, after an analyst upgrade. Stifel Nicolaus analyst Tim Klasell raised his rating on the software company to Buy from Hold.
On the flip side,
fell 0.15% to close at $17.80
Analysts expect Symantec to report revenue of $1.58 billion and earnings of 33 cents a share, compared to $1.55 billion and earnings of 40 cents a share in the same period last year.
dropped 0.55% to close at $616.50, after announcing it expects to hire 6,000 workers this year. 2011 will be the biggest hiring year in Google's history, the company said.
--Written by Olivia Oran in New York.
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