NASDAQ Most Traded, November 27
Shares of Intel (NASDAQ: INTC) were down a tick, just over 1% to $19.12 on a fairly sleepy trading day. The drop follows Wednesday’s issue of the government’s durable goods report for October, which revealed a drop in the computers and related products segment.
Microsoft (NASDAQ: MSFT) similarly traded down, 1.9% to $29.22. No major news was reported for the company.
Cisco Systems (NASDAQ: CSCO) dropped 1.5% to $23.38, following today’s overall pattern for major NASDAQ techs. Today’s news for the company was generally positive – it settled a class action lawsuit with a company, Starent Networks, it is in the process of acquiring.
PC maker Dell (NASDAQ: DELL) also shed 1.5% of its share price, to close at $14.14. Although the retailer might be a beneficiary of the Black Friday wave of retail PC sales, its shares experienced the same trading sluggishness as those of its peers today.
Sequenom (NASDAQ: SQNM) was the only gainer in the top five, rising a healthy 7.3% to close at $4.13. The stock could be the target of speculative buying, on the back of positive recent coverage. For more on Sequenom, please see our story “Is Sequenom (SQNM) a Speculative Play?”
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Posted-In: Intraday Update Markets