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Sector Update: Tech Stocks Lean Lower Premarket Wednesday
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Sector Update: Tech Stocks Lean Lower Premarket Wednesday
Sep 11, 2024 11:07 AM

09:02 AM EDT, 09/11/2024 (MT Newswires) -- Technology stocks were leaning lower premarket Wednesday with the SPDR S&P Semiconductor ETF ( XSD ) and Technology Select Sector SPDR Fund ( XLK ) recently down 0.1%.

Cantaloupe (CTLP) shares fell past 6% after the company reported a fiscal Q4 net income of $0.03 per diluted share, down from $0.04 a year earlier.

FTC Solar ( FTCI ) shares surged by over 69% after the company said it got an initial three-year deal from Strata Clean Energy to supply about 500 megawatts of its Voyager 2P solar tracker technology for multiple projects in the US.

The Netherlands said ASML ( ASML ) needs export licenses to send China software updates for microchip production equipment that are not under restriction, Reuters reported, citing a statement from the foreign ministry. ASML ( ASML ) shares were up more than 3% pre-bell.

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