By Rex Crum, MarketWatch
SAN FRANCISCO (MarketWatch) -- Zynga Inc. was a standout gainer
among tech stocks Friday, but most of the sector had a hard time
remaining in positive territory as trading progressed.
An upbeat jobs report couldn't lift the broad market out of the
red, as the Dow Jones Industrial Average (DJI) shed 25 points to
17,527 and the tech-heavy Nasdaq Composite Index (RIXF) was off by
22 points at 4,616.
(Read more about the latest U:S: jobs data
http://www.marketwatch.com/story/us-gains-214000-jobs-in-october-unemployment-drops-to-58-2014-11-07.).
Zynga (ZNGA) came to life Friday, as the social-and-mobile
gaming company's stock rose almost 7%, to $2.51 a share. Late
Thursday, Zynga reported better-than-expected third-quarter sales,
and the company said mobile games made up 55% of its total bookings
in the quarter.
Along with Zynga, small gains came from tech leaders such as
Amazon.com Inc.(AMZN), Apple Inc. (AAPL) and Yahoo Inc. (YHOO).
Graphics chip maker Nvidia Corp. (NVDA) shed almost 3% to trade
at $19.64 despite the company reporting better-than-expected
third-quarter earnings late Thursday. Nvidia also reported gross
margins of 55.2% and said its fourth-quarter gross margins would
likely remain flat.
Losses also came from Twitter Inc. (TWTR), Netflix Inc. (NFLX)
and Microsoft Corp. (MSFT).
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