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Tech Down Amid Earnings Season Nerves — Tech Roundup

Shares of technology companies fell amid nervousness about earnings season.

Shares of streaming service Netflix fell after hours and its report of slowing growth during the reopening of the U.S. economy threatened to weigh on sentiment around other technology companies.

International Business Machines shares rose to near 52-week highs after the computer-services giant posted strong demand in the latest quarter.

Voice-recording social network Discord halted talks to sell itself to potential suitors including Microsoft, The Wall Street Journal reported, as it explored a potential initial public offering.

Shares of electric-car maker Tesla ticked up after Chief Executive Elon Musk said the victims of a fiery crash in the Houston area had not enabled the self-driving function on the car.

 Write to Rob Curran at rob.curran@dowjones.com 

(END) Dow Jones Newswires

April 20, 2021 17:46 ET (21:46 GMT)

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