From Nasdaq: 2024-05-20 13:55:24

Tech stocks including XLK and XSD saw gains of 1.1% and 1.3%, while the Philadelphia Semiconductor index surged 2.1%. CyberArk Software (CYBR) acquired Venafi for $1.54 billion, boosting its shares by 0.7%.

Apple (AAPL) offered discounts up to $318 on select iPhone models in China, driving shares up by 0.9%. Jabil (JBL) appointed a new CEO, leading to a 6.8% stock increase and the withdrawal of fiscal 2025 guidance.



Read more at Nasdaq: Technology Sector Update for 05/20/2024: CYBR, AAPL, JBL