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Sector Update: Tech Stocks Mixed Premarket Thursday
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Sector Update: Tech Stocks Mixed Premarket Thursday
Apr 11, 2024 6:46 AM

09:15 AM EDT, 04/11/2024 (MT Newswires) -- Technology stocks were mixed premarket Thursday, with the SPDR S&P Semiconductor ETF ( XSD ) down 0.5% and the iShares Expanded Tech Sector ETF ( IGM ) advancing by 0.6% recently.

MicroStrategy ( MSTR ) was down 0.10% after a regulatory filing with the US Securities and Exchange Commission showed that the company's Executive Chairman Michael Saylor sold 994 shares on April 9.

Endava ( DAVA ) was over 1% higher after saying it has completed the acquisition of GalaxE Group following the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act.

STMicroelectronics ( STM ) was up 0.5% after the company and Centrica Energy Trading announced a 10-year agreement for renewable energy supply in Italy beginning in January.

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