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Morgan Stanley High Tech Index

TECH STOCKS: Tableau, Marketo IPOs Stand Out In Tech Stocks

It was IPO Friday for the tech sector, as enthusiasm for the public debuts of Tableau Software Inc. and Marketo Inc. reached lofty levels, and Facebook Inc. managed to eke out a small gain on the one-year anniversary of its controversial IPO.Facebook (FB) ended th day up by 12 cents at $26.25, but the social-networking giant's shares are still down 30% since the company went public at $38 a share on May 18, 2012. Compared with other notable Internet IPOs of the past two years, Facebook's performance puts it in about the middle of the pack.Meanwhile, Tableau Software (DATA) shares rose $19.75, or more than 63%, to close at $50.75 as the business analytics software company made its public debut. Tableau ended up pricing more than 8 million shares in its IPO at $31 a share.And Marketo (MKTO) shares did even better, rising almost 78%, to $23.10 after the business marketing software company launched its IPO. The company priced 6.1 million shares at $13 each.Among tech-sector leaders, gains ...

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  1. TECH STOCKS: Facebook, Two IPOs Stand Out For Tech Stocks

    Tech stocks mostly held on to gains in afternoon trading Friday, with Facebook Inc. edging upward on its one-year anniversary of going public and two other tech comp...

  2. TECH STOCKS: Facebook Among Tech Gainers On IPO Anniversary

    Tech stocks showed strength in Friday's trading session, with several bellwethers rising and Facebook Inc. gaining ground on its one-year anniversary of becoming a p...

  3. TECH STOCKS: Cisco Surge Fails To Sustain Tech Rally

    Tech stocks failed to sustain an earlier rally by Thursday's closing bell, though Cisco Systems ended the day with its best session in nearly two years.The Nasdaq Co...

  4. TECH STOCKS: Cisco Surge Ignites Tech Rally; AMD Slides

    Cisco Systems Inc. led a rally across much of the tech sector on Thursday, after the network equipment giant beat earnings estimates and painted an upbeat picture of...

  5. TECH STOCKS: Google Jumps As I/O Kicks Off; Apple Slides

    Shares of Google Inc. jumped Wednesday -- passing the $900 mark for the first time -- as the company kicked off its developers conference known as Google I/O.Google ...

  6. TECH STOCKS: Google Keeps Strong Gains As I/O Kicks Off

    Shares of Google Inc. jumped Wednesday -- passing the $900 mark for the first time -- as the company kicked off its developers conference known as Google I/O.Google ...

  7. TECH STOCKS: Google Leads Tech Gains Ahead Of I/O Kickoff

    Shares of Google Inc. jumped Wednesday morning -- passing the $900 mark for the first time -- ahead of its developers conference known as Google I/O, leading the res...

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