Tech Five: Apple joins movement to remove Confederate flags

Trisha Thadani | USA TODAY

In the wake of the Charleston, S.C., shooting, several major retailers that include Amazon, eBay, Walmart and Sears worked to remove products with offensive displays of the Confederate flag.

Apple joined in the movement Thursday, as it removed apps from its App Stored that "use the Confederate flag in offensive of mean-spirited ways."

Let's take a look at the tech stocks to watch Friday:

Apple (AAPL). Apple told developers its games could be reinstated if the Confederate flag were removed. However, some developers felt this move was unfair as they said the flag was being used in their games for historical purposes. Shares of Apple were slightly up in pre-market trading.

Micron Tech (MU). Micron shares slumped 12% in after-hours trading Thursday after the company projected lower revenue in the current quarter than Wall Street expected. Company shares were down more than 16% Friday morning.

Facebook (FB). Following a strong week on Wall Street, where the social media company hit an all-time high and knocked Walmart out of the top 10 companies by market cap, Facebook shares were down Friday morning. This dip comes after Facebook released its employee demographics report, which showed little improvement on increasing diversity in its workplace.

JD.com (JD). China's second largest e-commerce firm, JD.com, said that it will launch a consumer credit data system as a joint venture with ZestFinance, according to Reuters. The joint venture with the U.S. credit-scoring tech company will take on rival Chinese e-commerce service Alibaba. Shares of JD.com were down nearly 2% during morning trading.

Box (BOX). Shares of Box were up more than 4% Friday morning, continuing on its strong momentum this week. Box and IBM announced earlier this week that they are teaming up to jointly offer cloud-based products and services. As part of the arrangement, Box customers will be able to store their data within IBM's cloud.