Apple Inc. (NASDAQ:AAPL) slid
0.32% to $307.06. Last week, Reuters reported that Apple Inc. unveiled its Mac
laptop, fusing features from its iPhone and iPad with its traditional line of
personal computers.
Over
the past 52-week, the stock had traded within the range of $185.57-$319 and is up
more than 44% year-to-date.
Microsoft Corporation (NASDAQ:MSFT) dropped
0.42% to $25.79. Yesterday, Bank of America maintained a Buy rating with a $32
price objective on shares of Microsoft Corp.
Over
the past 52-week, the stock had traded within the range of $22.73-$31.58. At
current market price, the market capitalization of the company is $223.18
billion.
Tellabs, Inc. (NASDAQ:TLAB)
went down 3% to $6.79. Its quarterly profit rose to $59 million from $28
million a year earlier. Earnings per share, excluding intangible asset
amortization but including stock option expenses, was 16 cents compared to the
market's forecast of 14 cents, according to Thomson Reuters.
Over
the past one month of trading sessions, the stock went down more than 10%.
Ciena Corporation (NASDAQ:CIEN) dropped
1.08% to $13.79. Ciena Corporation is a provider of communications networking
equipment, software and services that support the transport, switching,
aggregation and management of voice, video, and data traffic.
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