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Sector Update: Tech
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Sector Update: Tech
Mar 11, 2025 6:03 AM

08:51 AM EDT, 03/11/2025 (MT Newswires) -- Technology stocks were mixed premarket Tuesday as the Technology Select Sector SPDR Fund (XLK) was up 0.3% and the SPDR S&P Semiconductor ETF (XSD) was 1.2% lower recently.

Asana (ASAN) shares fell past 26% after the company issued fiscal Q1 and fiscal 2026 revenue outlook below analysts' expectations. The company also said Chief Executive and Chair Dustin Moskovitz plans to step down from the CEO post.

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