Qualcomm, AOL Among Early Tech Decliners
Tech stocks appeared headed for another mixed trading performance Thursday. Gains came from LinkedIn Corp. , Microsoft Corp. and Netflix Inc. . But notable decliners included Qualcomm Inc. , which fell more than 10% after its weaker-than-expected earnings results late Wednesday. AOL Inc. was also off by 6% following its third-quarter results, which came out before the market opened. The Nasdaq Composite Index was down by 5 points at 4,614 and the Philadelphia Semiconductor Index shed 1%.
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