financetom
Market
financetom
/
Market
/
Sector Update: Tech Stocks Lean Lower Premarket Tuesday
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Sector Update: Tech Stocks Lean Lower Premarket Tuesday
May 21, 2024 6:24 AM

09:08 AM EDT, 05/21/2024 (MT Newswires) -- Technology stocks were leaning lower premarket Tuesday as the SPDR S&P Semiconductor ETF ( XSD ) fell by 0.2% and the Technology Select Sector SPDR Fund ( XLK ) was recently down 0.2%.

BlackLine ( BL ) fell by over 4% amid plans to privately offer $500 million in convertible senior notes due 2029.

Nutanix ( NTNX ) was up more than 2% after saying it is expanding its partnership with EnterpriseDB to offer a combined cloud-based service using the latter's PostgreSQL database management system.

Logitech International ( LOGI ) was over 2% higher after it launched MeetUp 2, an AI-powered USB conference camera designed for huddle and small meeting rooms.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Copyright 2023-2026 - www.financetom.com All Rights Reserved