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Technology stocks were advancing pre-bell Tuesday. The Technology Select Sector SPDR Fund (XLK) was up 0.5% and the iShares Semiconductor ETF (SOXX) was recently climbing by 0.8%.
Canadian Solar (CSIQ) was gaining over 9% in value after it reported Q4 earnings of $1.11 per diluted share, up from $0.39 per share a year earlier. Three analysts surveyed by Capital IQ expected EPS of $0.97.
Harmonic (HLIT) was up nearly 8% after saying Charter Communications (CHTR) has selected the company as its strategic technology partner to deploy virtual technology for broadband services.
BlackBerry (BB) was climbing past 4% after saying it is selling all of its non-core patents and patent applications to Malikie Innovations, a Key Patent Innovations subsidiary, for $900 million in cash and future royalties.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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