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The Best (And Worst) Technology Company Stocks In 2019

Rick Whiting

Of the 44 technology companies on our watch list, 34 recorded gains in the price of their publicly traded shares in 2019 and 10 recorded price declines—a couple by significant double-digit percentages and one losing more than half of its value.

Technology Companies Ride The Bull In 2019 Stock Markets

Stock markets were generally on the rise throughout 2019, although there were roller-coaster periods when uncertainties about the global economy and trade tensions with China sent markets on some deep dives, especially in the third quarter of the year.

The Dow Jones ended trading on Dec. 31 at 28,538.44, up 22.34 percent from the Dec. 31, 2018 close. The tech-heavy Nasdaq increased 35.23 percent in 2019, closing out the year at 8,972.60.

Publicly held technology companies were riding that wave. Of the 44 technology companies on our watch list, 34 recorded stock price increases in 2019—23 of them by double-digit amounts and one that more than doubled its stock price. Only 10 companies saw the value of their stock decline during the year.

Here's a look at the companies that were up and those that were down in 2019, starting with companies with the biggest gains in share price, based on stock closing prices on Dec. 31, 2018 and Dec. 31, 2019.

 
Rick Whiting

Rick Whiting has been with CRN since 2006 and is currently a feature/special projects editor. Whiting manages a number of CRN’s signature annual editorial projects including Channel Chiefs, Partner Program Guide, Big Data 100, Emerging Vendors, Tech Innovators and Products of the Year. He also covers the Big Data beat for CRN. He can be reached at rwhiting@thechannelcompany.com.

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