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Sector Update: Tech Stocks Mixed Premarket Monday
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Sector Update: Tech Stocks Mixed Premarket Monday
Oct 21, 2024 7:34 AM

09:06 AM EDT, 10/21/2024 (MT Newswires) -- Technology stocks were mixed premarket Monday as the Technology Select Sector SPDR Fund ( XLK ) was 0.6% lower and the SPDR S&P Semiconductor ETF ( XSD ) was up 1.2% recently.

JinkoSolar Holding ( JKS ) shares were over 1% higher after the company said its Jinko Solar unit plans to issue 1 billion A shares of stock at 1 Chinese renminbi ($0.14) per share in the form of global depositary shares representing 10 shares, to be listed on the Frankfurt Stock Exchange in Germany.

Alphabet's (GOOG, GOOGL) Google ( GOOG ) on Friday was granted a stay of a court order demanding it open its Play store to other apps' payment methods pending consideration of its appeal. Alphabet shares were down 0.1% premarket.

Parsons (PSN) shares were slightly higher after the company said it has agreed to acquire BCC Engineering, a transportation engineering firm, in an all-cash deal valued at $230 million.

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