Tech winners and losers story updated with closing prices

NEW YORK (

TheStreet

) -- The Nasdaq closed up 20.3 points to close at 2,739.5 Wednesday, boosted by a strong performance from tech stocks.

Juniper Networks

(JNPR) - Get Report

jumped 6.4% to close at $37.05,

after reporting strong fourth quarter results

.

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.

Texas Instruments

(TXN) - Get Report

rose 1% to close at $34.32 after

beating Wall Street expectations during its fourth quarter earnings announcement

.

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.

Red Hat

(RHT) - Get Report

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,

Symantec

(SYMC) - Get Report

fell 0.15% to close at $17.80

ahead of its third-quarter earnings report Wednesday

.

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.

Google

(GOOG) - Get Report

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.

>To follow the writer on Twitter, go to

http://twitter.com/Ozoran

.

>To submit a news tip, send an email to:

tips@thestreet.com

.