Sector Update: Tech

Last Updated: Wednesday, November 30, 2022 3:46 PM | MT Newswires

Technology stocks accelerated Wednesday afternoon, with the SPDR Technology Select Sector ETF (XLK) rising 4.3% and the Philadelphia Semiconductor Index adding over 5.0%.

In company news, Aerojet Rocketdyne (AJRD) added 4.2% following reports the aerospace, rockets and defense contractor is again entertaining potential buyout offers.

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