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Sector Update: Tech Stocks Decline Premarket Friday
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Sector Update: Tech Stocks Decline Premarket Friday
Jul 11, 2025 6:28 AM

09:14 AM EDT, 07/11/2025 (MT Newswires) -- Technology stocks were declining premarket Friday with the Technology Select Sector SPDR Fund (XLK) down 0.6% and the iShares Expanded Tech Sector ETF ( IGM ) also 0.6% lower recently.

Nextdoor Holdings ( KIND ) shares were up more than 1% after the company said it will change its ticker symbol to "NXDR" from "KIND" in connection with the upcoming launch of its redesigned product.

Hyperscale Data ( GPUS/PD ) said its Ault Markets unit intends to launch StableShare in Q1 2026. Shares of Hyperscale Data ( GPUS/PD ) were down by nearly 2% pre-bell.

Aurora Mobile ( JG ) shares were up more than 5% after the company said it is evaluating the possibility of integrating the digital asset Solana as a cornerstone of the cryptocurrency treasury strategy it initiated last month.

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