Sector Update: Tech Stocks Flat to Higher Premarket Thursday

MT Newswires Live12-19 22:05

Technology stocks were flat to higher premarket Thursday, with the SPDR S&P Semiconductor ETF (XSD) inactive and The Technology Select Sector SPDR Fund (XLK) up 0.8%.

Accenture (ACN) shares were up past 4% after the company reported higher fiscal Q1 earnings and revenue.

Paychex (PAYX) stock was up over 3% after the company posted higher fiscal Q2 adjusted earnings and revenue.

Micron Technology (MU) shares were down more than 11% after the company overnight issued fiscal Q2 earnings and revenue guidance that trailed analyst expectations.

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