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The Best And The Worst Tech Stocks In Q3 2020

Of the 40 technology companies on our watch list, 24 recorded gains in the price of their publicly traded shares in the third quarter of 2020 while 16 recorded price declines. Take a look at who were the winners and who were the losers.

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Juniper Networks

CEO: Rami Rahim

June 30, 2020 Close: $22.86

Sept. 30, 2020 Close: $21.50

Change: -5.95%

Sept. 30, 2020 Market Cap: $7.13 Billion (-5.83%)

On Sept. 28 Juniper Networks announced an agreement to acquire Netrounds, developer of a programmable, software-based active test and service assurance platform for fixed and mobile networks.

For the first six months (ended June 30) of 2020 Juniper reported revenue of $2.08 billion, down nearly 1 percent from $2.10 billion in the first half of 2019. Net income for the six-month period was $81.6 million, up 5.6 percent from $77.3 million one year before.

The company will announce its third quarter results on Oct. 27.

 

 
 
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