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Sector Update: Tech
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Sector Update: Tech
Jul 16, 2024 6:11 AM

08:50 AM EDT, 07/16/2024 (MT Newswires) -- Technology stocks were advancing premarket Tuesday, with the Technology Select Sector SPDR Fund (XLK) up 0.2% and the SPDR S&P Semiconductor ETF (XSD) 1.2% higher recently.

Activist investor Starboard Value owns 6.6% of Match Group ( MTCH ) shares, a regulatory filing showed, and is pushing for changes within the online-dating company to improve margins or consider going private. Match Group ( MTCH ) rose 6.5% premarket.

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