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Sector Update: Tech
Sep 5, 2024 9:09 PM

08:46 AM EDT, 09/05/2024 (MT Newswires) -- Technology stocks were falling premarket Thursday, with The Technology Select Sector SPDR Fund (XLK) down 0.8% and the SPDR S&P Semiconductor ETF (XSD) nearly 1% lower.

Verint Systems ( VRNT ) shares were down more than 14% after the company overnight reported fiscal Q2 non-GAAP earnings and revenue that trailed Capital IQ analysts' estimates.

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