Sector Update: Tech

MT Newswires Live
Mar 24

Technology stocks were mixed premarket Tuesday, with the State Street Technology Select Sector SPDR Fund (XLK) slightly lower and the State Street SPDR S&P Semiconductor ETF (XSD) up 1.1%.

Concentrix (CNXC) stock was down more than 10% after the company reported a decline in fiscal Q1 adjusted earnings which, along with its fiscal Q2 adjusted earnings per share forecast, missed analysts' estimates.

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