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Sector Update: Tech
Apr 25, 2024 1:14 PM

03:32 PM EDT, 04/25/2024 (MT Newswires) -- Tech stocks were mixed late Thursday afternoon with the Technology Select Sector SPDR Fund (XLK) decreasing 0.1% and the SPDR S&P Semiconductor ETF (XSD) jumping 2.8%.

The Philadelphia Semiconductor index gained 2.5%.

In corporate news, Rubrik's ( RBRK ) shares surged 19% in their debut on the New York Stock Exchange after the opening at $38.60 topped the initial public offering price at $32.

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