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Sector Update: Tech Stocks Mixed Premarket Monday
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Sector Update: Tech Stocks Mixed Premarket Monday
Jun 9, 2025 6:29 AM

09:05 AM EDT, 06/09/2025 (MT Newswires) -- Technology stocks were mixed premarket Monday with the Technology Select Sector SPDR Fund (XLK) up 0.3% and the SPDR S&P Semiconductor ETF ( XSD ) 0.2% lower recently.

IonQ ( IONQ ) has agreed to acquire Oxford Ionics in a stock and cash transaction valued at $1.08 billion, the companies said. IonQ ( IONQ ) shares were more than 11% higher pre-bell.

Qualcomm ( QCOM ) has agreed to acquire Alphawave IP Group for 1.83 British pounds ($2.48) per share in cash in a deal valuing the UK semiconductor company at about $2.4 billion, the companies said. Qualcomm ( QCOM ) shares were up more than 1% premarket.

Sunnova Energy International ( NOVA ) filed for Chapter 11 bankruptcy in Texas, multiple media outlets reported, citing a court filing. Sunnova Energy International ( NOVA ) shares were down more than 28% pre-bell.

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