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Sector Update: Tech Stocks Steady to Lower Premarket Thursday
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Sector Update: Tech Stocks Steady to Lower Premarket Thursday
Oct 3, 2024 6:32 AM

09:07 AM EDT, 10/03/2024 (MT Newswires) -- Technology stocks were steady to lower premarket Thursday as the SPDR S&P Semiconductor ETF ( XSD ) was inactive and the Technology Select Sector SPDR Fund ( XLK ) was down a slight 0.3% recently.

Nano Dimension ( NNDM ) shares were up more than 1% after the company and Desktop Metal ( DM ) said Desktop Metal's ( DM ) stockholders have approved the merger agreement between the companies.

Canadian Solar's ( CSIQ ) Recurrent Energy subsidiary said BlackRock has completed its $500 million investment in Recurrent, with the receipt of the second and final payment. Canadian Solar ( CSIQ ) shares were down more than 1% pre-bell.

Jabil ( JBL ) said it has completed the acquisition of Mikros Technologies on Oct. 1. Jabil ( JBL ) shares were nearly 1% lower premarket.

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