Sector Update: Tech Stocks Advance Premarket Friday

MT Newswires Live07-26

Technology stocks were advancing premarket Friday with the Technology Select Sector SPDR Fund (XLK) up 1.4% and the SPDR S&P Semiconductor ETF (XSD) 1.8% higher recently.

Ultra Clean Holdings (UCTT) shares rose past 17% after it reported higher fiscal Q2 non-GAAP earnings and revenue.

CrowdStrike (CRWD) shares were up nearly 3% after saying over 97% of Windows sensors were back online as of Thursday, a week after the firm issued a routine update containing a bug that triggered a global IT outage.

Karooooo (KARO) shares advanced by more than 9% after Friday Chief Executive Isaias Jose Calisto terminated the secondary public offering of ordinary shares, first announced on July 24.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment