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Sector Update: Tech
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Sector Update: Tech
Feb 3, 2025 6:09 AM

08:40 AM EST, 02/03/2025 (MT Newswires) -- Technology stocks fell premarket Monday with the Technology Select Sector SPDR Fund (XLK) down 1.9% and the SPDR S&P Semiconductor ETF (XSD) 3.1% lower recently.

Stratasys ( SSYS ) shares rose past 14% after the company said Fortissimo Capital will invest $120 million to acquire about a 14% stake by purchasing about 11.7 million newly issued shares at $10.30 each.

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