03:33 PM EDT, 03/28/2024 (MT Newswires) -- Tech stocks were mixed late Thursday afternoon with the Technology Select Sector SPDR Fund (XLK) down 0.1% and the SPDR S&P Semiconductor ETF (XSD) up 0.3%.

The Philadelphia Semiconductor index rose 0.1%.

In corporate news, Palantir ( PLTR ) shares tumbled 6% as Monness, Crespi and Hardt downgraded the stock to sell from neutral with a $20 price target.