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Sector Update: Tech
Apr 9, 2024 6:09 AM

08:45 AM EDT, 04/09/2024 (MT Newswires) -- Technology stocks were mixed premarket Tuesday, with the Technology Select Sector SPDR Fund (XLK) up 0.2% and the SPDR S&P Semiconductor ETF (XSD) down 1.6% recently.

Maxeon Solar Technologies ( MAXN ) was down more than 13% after it reported preliminary fiscal Q4 revenue of $229 million, compared with its guidance of $220 million to $260 million and below the $236.7 million estimate from analysts surveyed by Capital IQ.

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