Why Tech's Falling Today: Sprint, JDS Uniphase, Red Hat All Down
The Dow Jones was up 0.58% today, and the S&P followed along with gains of its own, but the tech-heavy Nasdaq couldn't keep up. The index slid 0.09% on the day. Senior technology analyst Eric Bleeker looks at a why tech was lagging and zeros in on a series of downgrades targeting companies such as Sprint Nextel, JDS Uniphase, and players in the software space. To see his full thoughts on the subject, watch the preceding video.
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The article Why Tech's Falling Today: Sprint, JDS Uniphase, Red Hat All Down originally appeared on Fool.com.Eric Bleeker has no positions in the stocks mentioned above. The Motley Fool owns shares of Microsoft and VMware. Motley Fool newsletter services recommend VMware. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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