Technology shares have turned decrease once more this afternoon, with the SPDR Know-how Choose Sector ETF (XLK) Tuesday falling 0.3%, reversing a noon acquire, whereas the Philadelphia Semiconductor Index was easing 0.2%.
In firm information, Communications Techniques (JCS) climbed over 34% after the networking gear firm mentioned it’s going to pay a particular dividend of $3.50 per share on Oct. 15, funding the $34 million outlay with proceeds from the August 2 sale of its Transition Networks and Net2Edge electronics and software program section to Lantronix (LTRX).
Intuit (INTU) rose 1.6% after Monday night time saying it was shopping for advertising platform Mailchimp for about $12 billion in money and inventory.
Amongst decliners, Oracle (ORCL) slid 2.7% after the enterprise software program agency reported a 3.8% year-over-year enhance in fiscal income to $9.73 billion though that also lagged the Capital IQ consensus anticipating $9.77 billion in income for the three months ended August 31.
Jamf Holding Corp (JAMF) fell 6.8% after the software program agency late Monday introduced plans for a $325 million non-public placement of convertible senior notes due 2026.
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