Technology shares nonetheless have been narrowly decrease, with the SPDR Expertise Choose Sector ETF (XLK) Monday slipping 0.2%, though the Philadelphia Semiconductor Index was advancing 0.6% this afternoon.
In firm information, Veritone (VERI) was 3.9% greater late in Monday buying and selling after saying it should collaborate with expertise firm Recur to create non-fungible tokens for followers, starting with video highlights of Pac-12 sports activities. Veritone is the unique licensing associate for Pac-12 Networks.
JFrog (FROG) rose nearly 1% after the software program growth firm Monday introduced its buy of system administration software program agency Upswift. Monetary phrases weren’t disclosed.
To the draw back, Glory Star New Media Group (GSMG) fell 2.9%, giving again a 5.8% advance earlier Monday for the Chinese language digital media firm Monday that adopted the corporate, saying it acquired a enterprise license from China’s Ministry of Commerce to function a cross-border e-commerce enterprise. China’s Normal Administration of Customs additionally designated Glory Star as a “consignee of imported items and consignor of exported items,” the corporate mentioned.
CS Disco (LAW) tumbled almost 15% after the substitute intelligence and cloud computing firm disclosed plans for a secondary providing of 5 million widespread shares by a number of of its pre-IPO buyers, together with entities affiliated with Bessemer and LiveOak Enterprise Companions and Georgian Companions.
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