Locally founded clothing store The Gap Inc. (GPS) is trending up this morning more than 3 percent per share, the largest gain among local companies during early trading. UnionBanCal Corp. (UB) and AMB Property Corp. (AMB) are just behind The Gap in their gains.
Trending down this morning is Cupertino-based Symantec Corp. (SYMC), a software security company, which is down more than 2 percent. Lam Research Corp. (LRCX) is also down more than 2 percent per share.
Overall the Dow Jones Industrial Average Index is trending down after an initial surge. It is up more than 50 points.
In other stock news, Mark Kanok, a product manager with Symantex, will appear on the radio show Let's Talk Computers, according to Marketwire. Also, Advanced Micro Devices, Inc. (AMD) announced it's opening a research and development facility in Bangalore, according to The Financial Express.