Technology stocks were little changed this afternoon, with the SPDR Technology Select Sector ETF falling 0.1% while the Philadelphia Semiconductor Index was rising 0.7% this afternoon.
In company news, Nano Dimension (NNDM) dropped almost 24% after the electronics manufacturer priced a $100 million direct offering of 25 million American depositary shares at $4.00 apiece, representing a nearly 32% discount to Thursday's closing price. Net proceeds will be used for working capital and other general corporate purposes, including potential business combinations or other strategic opportunities.
Workday (WDAY) slid 8% despite the software firm late Thursday reporting better-than-expected Q3 financial results and also raising its FY21 subscription revenue forecast. Excluding one-time items, it earned $0.86 per share on $1.09 billion in revenue, topping the Capital IQ consensus expecting a $0.67 per share adjusted profit on $1.09 billion in revenue.
McAfee (MCFE) fell 2% after the cyber-security company said it earned $0.00 per share during its Q3 ended Sept. 26, improving on a $0.02 per share net loss during the same quarter last year but still lagging the Capital IQ consensus expecting an $0.08 per share profit.