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Sector Update: Tech
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Sector Update: Tech
Oct 2, 2024 10:09 PM

08:49 AM EDT, 10/01/2024 (MT Newswires) -- Technology stocks were mixed premarket Tuesday with the Technology Select Sector SPDR Fund (XLK) down 0.2% and the SPDR S&P Semiconductor ETF (XSD) 0.8% higher recently.

Arqit Quantum ( ARQQ ) shares fell by more than 18% after the company said it is launching a registered direct offering of about 5.4 million shares priced at $2.50 per share for gross proceeds of about $13.6 million.

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