03:16 PM EST, 11/25/2024 (MT Newswires) -- Tech stocks were mixed late Monday afternoon with the Technology Select Sector SPDR Fund (XLK) easing 0.2% and the SPDR S&P Semiconductor ETF (XSD) rising 3.5%.

The Philadelphia Semiconductor index added 0.6%.

In corporate news, MicroStrategy ( MSTR ) shares tumbled nearly 6%. The company said Monday that it bought 55,500 bitcoins for $5.4 billion in cash, at an average price of $97,862 per bitcoin between Nov. 18 and Nov. 24.