In tech earnings, FNSR (+0.4%) posted a Q1 miss and guided Q2 EPS below consensus. GWRE (+9.2%), on the other hand, reported a Q4 beat.
In news, MOVE (+1.6%) acquired TigerLead and increased its gudiance. Elsewhere, FB () disclosed that CEO Zuckerberg has not adopted a Rule 10b5-1 Plan and has informed FB that he has no intention to conduct any sale transactions in FB securities for at least 12 months.
In notable analyst upgrades this morning in the tech space, BT (+0.5%) was upgraded to Overweight at JP Morgan and QLIK (+6.4%) was upgraded to Overweight at Morgan Stanley.
Among downgrades, PT (-3.4%) was downgraded to Underweight at JP Morgan, STM (-5.7%) and AMD (-2.8%) were downgraded to Neutral at UBS, and DMD (-1.8%) was downgraded to Hold at Jefferies.
PAY (+0.4%) and VRNT (-1.3%) are the notable names in tech scheduled to report quarterly results today after the close.






