Sector Update: Tech

Last Updated: Friday, May 20, 2022 3:50 PM | MT Newswires

Technology stocks recouped a large portion of their Friday slide, with the SPDR Technology Select Sector ETF (XLK) falling 0.5% this afternoon and the Philadelphia Semiconductor Index dropping 1.4%. In company news, Kadant (KAI) returned to positive ground this afternoon, rising 2.7%, after the engineered parts company overnight authorized a new $50 million stock buyback program.

Share this article:

Related Companies

You May Also Like

Related Articles

Related Companies