You have to search pretty hard to find tech stocks left out of today’s rally. But they’re out there. Here are a half-dozen companies that were not included in today’s historic rally, which took the Nasdaq Composite up nearly 12 percent.
Don’t you hate to be left out when everyone is partying?
So imagine how Yahoo (YHOO) shareholders must feel this morning. Of the 15 most active Nasdaq issues this morning, 14 of them are trading higher. And then there’s Yahoo, down $1.42, or 6.8 percent, to $19.40.
The big after hours rally in Sun Microsystems (JAVA) shares, which took the stock up more than 10 percent, has now largely faded, with Street analysts nearly unanimous in their doubts about the near-term prospects for the company.
Corel (CREL) shares are rallying today after the company reported solid results for its fiscal second quarter ended May 31.
For the quarter, the company posted revenue of $67.0 million and non-GAAP EPS of 36 cents; the Street had expected $66.85 million and 35 cents.
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