Garmin and other tech stocks up on Cyber Monday
Posted
Nov 26 2007, 10:08 AM
by
Kim Peterson
Rating:
Is any work getting done today? It's Cyber Monday, a marketing gimmick that turned into a real trend. Retailers predict that 72 million people will shop online today, up from 61 million last year.
GPS systems are going to be a hot gift, and Garmin is seeing the investor love today. It's shares are up 8.5% to $99.63 [readmore]
Online retailers are swimming along as well. Amazon is up 2.6% to $84.03. Jeweler Blue Nile's shares have risen 5.2% to $79.71. EBay is seeing a slight gain of 1.4% to $32.40.
Microsoft, Intel and Yahoo are pretty much flat, but other tech stocks are seeing gains. Here's how some of them are doing right now:
Google: Up 2% to $690.45.
Apple: Up 2.4% to $175.65.
Dell: Creeping up, rising 1.1% to $26.42.
