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Sector Update: Tech Stocks Advance Premarket Monday
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Sector Update: Tech Stocks Advance Premarket Monday
Jul 8, 2024 6:30 AM

09:03 AM EDT, 07/08/2024 (MT Newswires) -- Technology stocks were advancing premarket Monday as the SPDR S&P Semiconductor ETF ( XSD ) was 0.9% higher and the Technology Select Sector SPDR Fund ( XLK ) was up 0.3% recently.

Canadian Solar ( CSIQ ) rose nearly 2% after saying its CSI Solar unit's e-Storage business has secured a contract from Nova Scotia Power to develop three energy storage projects across the Atlantic Canadian province.

NCR Voyix ( VYX ) is considering a sale of its digital banking business for as much as $3 billion, Reuters reported Friday, citing unnamed people familiar with the matter. NCR Voyix ( VYX ) was up more than 1% pre-bell.

Koss ( KOSS ) was down more than 15%, offsetting a portion of its gains from last week amid speculation in social media platforms that Keith Gill, the stock influencer behind "Roaring Kitty," expressed interest in the company's stock.

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