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Sector Update: Tech
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Sector Update: Tech
Jan 29, 2025 5:53 AM

08:41 AM EST, 01/29/2025 (MT Newswires) -- Technology stocks were mixed premarket Wednesday, with The Technology Select Sector SPDR Fund (XLK) down 0.4% and the SPDR S&P Semiconductor ETF (XSD) 0.8% higher.

Manhattan Associates ( MANH ) shares were down more than 22% pre-bell Wednesday after the company reported Q4 earnings and sales that beat analyst expectations but the forecast for fiscal 2025 lagged estimates.

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