Sector Update: Tech

Last Updated: Monday, June 21, 2021 3:31 PM | MT Newswires

Technology stocks were underperforming the broader Monday markets, with chipmakers providing the largest drag on the sector. At last look, the SPDR Technology Select Sector ETF Monday was rising 0.9% while the Philadelphia Semiconductor Index was posting a 0.3% advance this afternoon. In company news, CalAmp (CAMP) gained 1.4% after Monday announcing a new partnership with the Koelliker Group and its LoJack Italia unit pre-installing its LoJack connected car intelligence system in the Italian auto distributor's SERES 3 C-SUV electric vehicles.

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