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Sector Update: Tech
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Sector Update: Tech
Nov 26, 2024 12:30 PM

03:14 PM EST, 11/26/2024 (MT Newswires) -- Tech stocks were mixed in late Tuesday afternoon trading, with the Technology Select Sector SPDR Fund (XLK) up 0.3% and the SPDR S&P Semiconductor ETF (XSD) falling 1.5%.

The Philadelphia Semiconductor index dropped 1.8%.

In corporate news, VerifyMe ( VRME ) shares jumped 22% after the company said Tuesday its board approved an extension to the expiration date of its 2024 share buyback authorization through Dec. 31, 2025.

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