Sector Update: Tech Stocks Decline Premarket Thursday

MT Newswires Live

2025/02/06

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.

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