QH - Western Digital Sabre and Micro Focus led tech laggards in 2020

The tech sector is finishing the year up nearly 42% vs. the 15.8% gain for the S&P 500. But some tech names couldn't shake off the impact of the COVID-19 pandemic and are heading towards the last close of 2020 in the red.Large-cap: Canon (CAJ) -29% YTD after a series of earnings misses and grim forecasts as the pandemic reduced office device and printer sales. Hewlett Packard Enterprise (HPE) -26.4% posted FQ2 misses in the April quarter but later recovered from the pandemic's financial impact, Western Digital (WDC) -22% plunged after reporting a FQ4 revenue miss and downside forward guidance in August, driven by the brick-and-mortar store closures. The company later announced plans to create independent Flash and HDD units within Western Digital.Mid-cap: ViaSat (VSAT) -55.6% and EchoStar (SATS) -46% were victims of a broader satellite name pullback even as the companies continued to report strong results as the pandemic pressured certain end

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Western Digital, Sabre, and Micro Focus led tech laggards in 2020