01:48 PM EDT, 10/21/2024 (MT Newswires) -- Tech stocks were mixed Monday afternoon, with the Technology Select Sector SPDR Fund (XLK) up 0.1% and the SPDR S&P Semiconductor ETF (XSD) falling 1%.

The Philadelphia Semiconductor index was decreasing 0.4%.

In corporate news, SecureWorks ( SCWX ) agreed to be bought by Thoma Bravo-backed Sophos for $859 million in a cash deal. Dell (DELL) owns all of Secureworks' ( SCWX ) class B common stock. SecureWorks ( SCWX ) shares were shedding 1.3%, and Dell was down 0.4%.