Technology stocks were declining premarket Tuesday, with the Technology Select Sector SPDR Fund (XLK) down 0.8% and the SPDR S&P Semiconductor ETF (XSD) 1.3% lower.
Hewlett Packard Enterprise (HPE) is nearing a $13 billion deal to acquire Juniper Networks (JNPR), according to media reports on Monday. Juniper shares were up nearly 22% in recent Tuesday premarket activity while Hewlett-Packard stock was more than 6% lower.
ASE Technology Holding (ASX) said Tuesday its consolidated net revenue came in at 49.91 billion New Taiwan dollars ($1.59 billion) in December, down 8.4% on a sequential basis. ASE shares were down 2% in recent Tuesday premarket activity.
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