Technology

Monday Morning's 14 Tech Stock Movers Include Cisco, Microsoft and Splunk

Cisco Systems Inc. (NASDAQ: CSCO) traded down by about 1.8%, at $52.90 in a 52-week range of $44.15 to $64.28. The company has apparently ended its effort to acquire Splunk, a move that signals different things to different investors. Some see a missed opportunity, and others see less spending and more shareholder returns. Loop Capital initiated coverage of the Dow stock Monday morning with a Buy rating and a price target of $71.

PayPal Holdings Inc. (NASDAQ: PYPL) traded down by about 0.5%, at $114.75 in a 52-week range of $113.17 to $310.16. The low was posted early in the morning. The company had no specific news.

Cognizant Technology Solutions Corp. (NASDAQ: CTSH) traded down about 0.5%, at $86.94 in a 52-week range of $66.19 to $92.44. The company had no specific news.

VeriSign Inc.(NASDAQ: VRSN) traded down about 0.3%, at $213.68 in a 52-week range of $184.60 to $257.03. The company had no specific news.

Intuit Inc. (NASDAQ: INTU) traded down about 0.3%, at $534.34 in a 52-week range of $365.15 to $716.86. The company had no specific news.

Microsoft Corp. (NASDAQ: MSFT) traded down about 0.6%, at $293.18 in a 52-week range of $224.26 to $349.67. The company had no specific news.

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