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Sector Update: Tech

Apr 24, 2024 5:41 AM

08:25 AM EDT, 04/24/2024 (MT Newswires) -- Technology stocks were steady premarket Wednesday as the SPDR S&P Semiconductor ETF (XSD) was inactive as was the Technology Select Sector SPDR Fund (XLK).

Enphase Energy ( ENPH ) shares slumped more than 7% after the company's Q1 earnings and sales sank more than forecast, and its Q2 revenue guidance missed expectations.

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