Tech Edges Up on Healthy IPO Market -- Technology Roundup

Features Dow Jones Newswires

Shares of tech companies rose slightly after another robust initial-public offering.

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Shares of Switch rose on the data-center company's stock-market debut. Switch's performance followed a similarly enthusiastic stock-market welcome for streaming-device maker Roku.

Google parent Alphabet were higher. Analysts at SunTrust Robinson Humphrey said the company's new suite of artificial-intelligence-backed devices, including a smart speaker, smartphones and a laptop might not be a huge seller but should gradually "drive better user experiences across all devices and should ultimately create a stickier ecosystem."

-By Rob Curran, rob.curran@dowjones.com

(END) Dow Jones Newswires

October 06, 2017 17:40 ET (21:40 GMT)