Tech stocks rise, ENPH and SPWR surge, BSY drops.

From Nasdaq: 2024-05-22 13:53:55

Tech stocks, including XLK and XSD, saw gains Wednesday afternoon. The Philadelphia Semiconductor index also rose 1.2%. Enphase Energy surged 10% after launching its IQ8 solar microinverters in Finland.

SunPower stock soared 18% with news of offering Tesla’s Powerwall 3 battery. Conversely, Bentley Systems shares dropped 7% when potential deal talks with Schneider Electric fell through.



Read more at Nasdaq: Technology Sector Update for 05/22/2024: ENPH, SPWR, BSY, TSLA