Sector Update: Tech

Last Updated: Friday, May 14, 2021 3:47 PM | MT Newswires

Technology stocks were finishing near their Friday session highs, with the SPDR Technology Select Sector ETF Friday rising 2.2% while the Philadelphia Semiconductor Index was advancing 3.2% this afternoon.

In company news, Poly (PLT) dropped over 19% after projecting non-GAAP net income and revenue for its current fiscal Q1 lagging Wall Street estimates, upstaging better-than-expected fiscal Q4 results for the audio and video technology company.

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