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Sector Update: Tech Stocks Advance Premarket Tuesday
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Sector Update: Tech Stocks Advance Premarket Tuesday
Dec 31, 2024 6:28 AM

08:58 AM EST, 12/31/2024 (MT Newswires) -- Technology stocks were advancing premarket Tuesday as the Technology Select Sector SPDR Fund (XLK) was 0.4% higher and the SPDR S&P Semiconductor ETF ( XSD ) was recently up 0.9%.

Dave ( DAVE ) and Chief Executive Jason Wilk are facing a complaint filed by the Justice Department for allegedly misleading consumers, the department said. Dave ( DAVE ) denied the Justice Department's allegations of misleading customers with promises of cash advances, calling the latest complaint a case of "government overreach." Dave ( DAVE ) shares were down more than 10% pre-bell.

Digital Ally ( DGLY ) filed a registration statement covering the potential sale of up to 808,377 shares of its common stock on behalf of selling shareholders. Digital Ally ( DGLY ) shares advanced by over 3% premarket.

Gaxos.ai ( GXAI ) shares were 1.1% higher after the company said it closed a registered direct offering of about 1.3 million shares at $3 per share.

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