Sector Update: Tech Stocks Advance Pre-Bell Wednesday
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Technology stocks are rising pre-bell on Wednesday, with the State Street Technology Select Sector SPDR Fund (XLK) up 0.8% and the State Street SPDR S&P Semiconductor ETF (XSD) up 1.5%. Applied Digital (APLD) shares increased over 5% following a $2.15 billion private placement announcement. ACI Worldwide (ACIW) stock rose nearly 1% after launching a new card payments suite. Conversely, Daktronics (DAKT) shares fell over 6% after reporting fiscal Q3 earnings that missed expectations.
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