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Sector Update: Tech

Mar 5, 2024 6:19 AM

08:55 AM EST, 03/05/2024 (MT Newswires) -- Technology stocks were mixed premarket Tuesday as the Technology Select Sector SPDR Fund (XLK) was down 0.8% and the SPDR S&P Semiconductor ETF (XSD) was up by nearly 1%.

GitLab ( GTLB ) retreated by more than 22% after it issued earnings guidance for fiscal Q1 and the full financial year 2025 which missed the market's expectations.

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