The Invesco QQQ Trust, a $153.6 billion exchange-traded fund tracking the tech-heavy Nasdaq 100, dropped in postmarket trading after Electronic Arts Inc. gave a forecast for net bookings that fell short of analysts’ estimates. Snap Inc. also fell after forecasting its first-ever quarterly revenue decline.
The Invesco QQQ Trust, a $153.6 billion exchange-traded fund tracking the tech-heavy Nasdaq 100, dropped in postmarket trading after Electronic Arts Inc. gave a forecast for net bookings that fell short of analysts’ estimates. Snap Inc. also fell after forecasting its first-ever quarterly revenue decline. The Invesco QQQ Trust, a $153.6 billion exchange-traded fund tracking the tech-heavy Nasdaq 100, dropped in postmarket trading after Electronic Arts Inc. gave a forecast for net bookings that fell short of analysts’ estimates. Snap Inc. also fell after forecasting its first-ever quarterly revenue decline. Moneycontrol Latest News Read More