For the second day in a row, SunPower Corp. (SPWR), the San Jose solar products company, leads local companies in gains during early trading with its shares up more than 8 percent. Nvidia Corp. (NVDA) and Oracle Corp. (ORCL) arealso trending up early this morning with their prices per share up more than 2 percent.
Companies trending down this morning are Sun Microsystems, Inc. (JAVA), down more than 7 percent, and Yahoo! Inc. (YHOO), down more than 4 percent per share. Symantec Corp. (SYMC) is also down around 3 percent per share.
Sun Microsystems is trading at the highest volume this morning with more than 53 million shares changing hands. Yahoo and Cisco Systems, Inc. (CSCO) have the next highest volume with 31.36 million and 22.42 million shares respectively being exchanged this morning.
Overall, the Dow Jones Industrial Average Index is trending down this morning.
In other stock news, House Foreign Affairs Committee Chariman Tom Lantos, D-San Mateo, said he does not believe Yahoo's explanation to Congress of its role in the arrest of a Chinese journalist, according to The Associated Press. Sun Microsystems also reported a first-quarter profit, according to the AP.