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Sector Update: Tech Stocks Flat to Higher Pre-Bell Thursday
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Sector Update: Tech Stocks Flat to Higher Pre-Bell Thursday
Nov 2, 2024 11:53 PM

09:09 AM EDT, 10/24/2024 (MT Newswires) -- Technology stocks were flat to higher pre-bell Thursday, with the SPDR S&P Semiconductor ETF ( XSD ) inactive and The Technology Select Sector SPDR Fund ( XLK ) up 0.8%.

Teradyne ( TER ) shares were down more than 2% even after the company reported higher Q3 adjusted earnings and net revenue.

WEX (WEX) stock was more than 8% lower after the company cut its full-year outlook for adjusted earnings per share and revenue.

Pegasystems ( PEGA ) shares were up past 7% after the company reported Q3 adjusted earnings of $0.39 per diluted share, down from $0.44 a year earlier but higher than the $0.34 average forecast from analysts polled by Capital IQ.

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