Sector Update: Tech Stocks Mixed Premarket Monday

MT Newswires Live12-02

Technology stocks were mixed premarket Monday as the Technology Select Sector SPDR Fund (XLK) was down 0.1% and the SPDR S&P Semiconductor ETF (XSD) was up 0.9% recently.

Agora (API) shares rose past 4% after the company said its senior management team voluntarily entered into a lock-up period for company shares owned by them and entities they control.

FiscalNote (NOTE) shares advanced by over 10% after the company said it secured a series of customer agreements from three branches of the United States federal government, including new wins, renewals, and contract expansions.

Lightspeed Commerce (LSPD) shares were over 2% lower after the company said it is undergoing a reorganization that will result in laying off approximately 200 employees.

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