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Sector Update: Tech
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Sector Update: Tech
Aug 8, 2024 6:15 AM

08:45 AM EDT, 08/08/2024 (MT Newswires) -- Technology stocks were advancing premarket Thursday with the Technology Select Sector SPDR Fund (XLK) up 1.5% and the SPDR S&P Semiconductor ETF (XSD) 1.8% higher recently.

Bumble (BMBL) shares fell about 40% in recent premarket activity after the company lowered its 2024 revenue growth outlook.

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