03:34 PM EDT, 03/25/2024 (MT Newswires) -- Tech stocks fell late Monday afternoon with the Technology Select Sector SPDR Fund (XLK) shedding 0.4% and the SPDR S&P Semiconductor ETF (XSD) down 0.1%.

The Philadelphia Semiconductor index rose 0.1%.

In corporate news, Aehr Test Systems ( AEHR ) shares plunged almost 25% after the company said fiscal Q3 and 2024 financial results probably will trail analyst projections.