Investing
Add as a preferred source on GoogleAt 12:20 p.m. ET (17:20 UTC), the stock was $671.80, up $90.28 from its previous close.
XLK, an exchange-traded fund focused on the technology sector, gained slightly more than 4% by midday Wednesday. Lumentum Holdings Inc. shares advanced 15.5% over the same period.
Shares in Lumentum stood at $671.80 at 12:20 p.m. ET (17:20 UTC), $90.28 above their previous close. The company makes optical products.
At 4:15 a.m. ET (09:15 UTC), Advanced Micro Devices and Micron Technology were each 5.2% higher.
The club is waiting for clarity from the board probe and wants to trim data-center exposure while shifting toward nontechnology holdings.
Technology ranked first for net selling in Goldman Sachs’ global and U.S. prime brokerage data. U.S. fundamental long-short clients’ gross leverage fell 8.7 percentage points to 207.5% in the week ended Nov. 6.
