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Sector Update: Tech Stocks Rise Premarket Wednesday
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Sector Update: Tech Stocks Rise Premarket Wednesday
Nov 19, 2025 6:52 AM

09:11 AM EST, 11/19/2025 (MT Newswires) -- Technology stocks were advancing premarket Wednesday, with the Technology Select Sector SPDR Fund (XLK) up 0.3% and the iShares Expanded Tech Sector ETF ( IGM ) 0.9% higher.

Adobe (ADBE) said it has entered into a definitive agreement to acquire Semrush Holdings ( SEMR ) in an all-cash transaction valued at $1.9 billion. Shares of Semrush Holdings ( SEMR ) were up nearly 75% pre-bell.

Nokia ( NOK ) stock was down nearly 7% after the company said it will reorganize the company into separate network infrastructure and mobile infrastructure operating segments, effective Jan. 1.

Unity Software ( U ) shares were up nearly 7% after the company and Epic Games said they are collaborating to bring Unity games into Fortnite.

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