GEO, ERD, PYS: 3 NZ tech stocks amid global decline in technology shares

Summary The tech sector has many companies with a small market cap The tech sector is a growing one and the companies also offer growth prospects Many companies in this space have racked up YTD gains The tech sector is a growing sector in...

ue guidance New Zealand boasts a well-connected and fast-growing tech sector, which serves as the backbone of the country’s economy. As per reports, the technology sector contributes 8% to the nation's GDP and exports around NZ$8.6 billio...

Highlights NZ houses some of the most innovative and highly advanced tech companies across the world Rakon witnesses a new leadership after the resignation of its long-serving Chair Scott Technology declares robust H1 FY22 performance, to pay ...

Highlights New Zealand has a rapidly growing technology sector The tech sector is the third-largest exporter of New Zealand It accounts for 8% of its GDP and employs 5% of its workforce The New Zealand technology sector is a rapidly ...

Highlights Tech stocks are the leading indicators of the economic progress of a country. Rakon has 175.41% as its YTD growth. Wellington Drive Technologies, which witnesses continued strong growth of its business, has a YTD growth of 122.08%. ...

Highlights Rising interest rates are having an impact on tech stocks. The tech sector has seen a sell-off since the beginning of this year. Risk-averse investors are shying away from investing in tech stocks. Technology stocks have been d...

Highlights Exports of high-technology NZ products to the US are on the rise. Rakon’s long-serving Chair to retire on 1 April. Scott Technology’s growing presence in the Australian mining sector. As per reports, New Zealand&rsq...

Highlights The NZ government is putting $1 million in its marketing arm, NZTech Story, to boost the country’s technology across the world. NZ is also easing border curbs for Information and Communication Technology workers to attract the ...

Highlights  The NZ technology sector plays an important role in the digital transformation of the country. Witnessed an acute shortage of skilled manpower during the pandemic. Most tech companies performed well, IKE reported the strongest...

Highlights Snap Inc forecasts revenue of US$1.03 billion to US$1.08 billion in Q1, FY22. It expects daily active users to be in the range of 328 million to 330 million. The company reported its first positive net income since its IPO in March ...