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Sector Update: Tech
Jun 7, 2024 6:02 AM

08:39 AM EDT, 06/07/2024 (MT Newswires) -- Technology stocks were mixed premarket Friday as the Technology Select Sector SPDR Fund (XLK) was down 0.2% and the SPDR S&P Semiconductor ETF (XSD) was up 1.5% recently.

Braze (BRZE) shares advanced by 11.5% premarket after the company more than halved its net loss in fiscal Q1 as sales surged from a year ago. The company also improved its full-year guidance.

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