Sector Update: Tech Stocks Decline Premarket Thursday

MT Newswires Live
06 Feb

Technology stocks declined premarket Thursday with the Technology Select Sector SPDR Fund (XLK) down 0.1% and the SPDR S&P Semiconductor ETF (XSD) 0.6% lower recently.

Entegris (ENTG) shares were down 3% after the company issued a guidance range for Q1 adjusted earnings per share below analysts' expectations.

Belden (BDC) shares were 8% lower after the company issued Q1 outlook below analysts' expectations.

MACOM Technology Solutions Holdings (MTSI) shares were up 2% after the company reported higher fiscal Q1 adjusted earnings and revenue.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10