Top Tech Stocks
Technology stocks continued to trend lower this afternoon, with shares of tech companies in the S&P 500 sinking about 0.8%.
Citing unnamed sources, Re-code said Twitter is seeking a deal worth at least $30 billion. The Financial Times also was reporting the company has hired Goldman Sachs to assist with efforts to identify a potential buyer.
TWTR shares were up more than 22% at $22.77 each just before the closing bell, previously topping out today at $22.89 a share.
In other sector news,
(-) ENPH, Announces plans to idle 11% of global workforce as part of a company-wide restructuring expected to save about $20 mln yearly.
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