Tech stocks were lower Friday afternoon with the Technology Select Sector SPDR Fund (XLK) decreasing 0.6% and the Philadelphia Semiconductor index falling 1.3%.
In company news, Nikola (NKLA) said Friday a fire behind its corporate headquarters in Phoenix “affected” some of its battery-electric trucks, but no one was injured. The shares dropped 6.9%.
Wearable Devices (WLDS) was rising 11% after the company said it’s extending its artificial intelligence-based Mudra functionality to include Android devices.
IonQ (IONQ) said late Thursday it now expects 2023 bookings worth $45 million to $55 million, higher than its prior outlook of $38 million to $42 million. The shares dropped 1.1%.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Image and article originally from www.nasdaq.com. Read the original article here.