By Rex Crum, MarketWatch
SAN FRANCISCO (MarketWatch) -- Technology stocks traded mostly
flat Friday as shares of Trulia Inc. fell sharply after the company
posted a wider loss, while Brocade rallied after the company's
results topped estimates.
Trulia (TRLA) was down nearly 17% after the online real-estate
listing company reported a bigger loss in its fiscal fourth
quarter. Another online real-estate site, Zillow Inc.(ZILLOW.XX) ,
saw its stock fall 7%.
But the tech sector got a lift from shares of Brocade
Communications (BRCD) , which rallied 4% a day after the storage
networking-gear company posted better-than-expected results.
The Nasdaq Composite Index (RIXF) was mostly flat, down 0.2%, at
4,231. The benchmark was on track to end the week with a gain of
more than 2%.
The Morgan Stanley High Tech 35 Index (MSH) was up a fraction,
while the Philadelphia Semiconductor Index (SOX) gave up 0.1%.
Shares of Intel Corp. (INTC) were down nearly 1%, one of the top
decliners on the Dow Jones Industrial Average (DJI) . But the Dow
was last up 67 points, as shares of Cisco Systems (CSCO) rallied
1.4%.
Other stories from MarketWatch
Eight industries profiting from this endless winter
Jeff Reeves: What Twitter can learn from Facebook
IPad apps make you tip 50% more
You're invited to ... Bitcoin: Boom and Bust
Subscribe to WSJ: http://online.wsj.com?mod=djnwires