Technology stocks were mixed premarket Tuesday with the Technology Select Sector SPDR Fund (XLK) down 0.3% and the SPDR S&P Semiconductor ETF (XSD) 0.4% higher recently.
D-Wave Quantum (QBTS) shares were up 3.7% after the company said it completed its $400 million "at-the-market" equity offering.
Wolfspeed (WOLF) shares were up more than 90% after the company said it has taken the next step to implement its previously announced restructuring support agreement with key lenders, including holders of over 97% of its senior secured notes, Renesas Electronics' US subsidiary, and convertible debtholders owning more than 67% of the convertible notes.
Marti Technologies (MRT) shares were 0.2% lower after the company said its new investment plan for 2025 to 2026 will focus on launches in new Turkish cities and growing its ride-hailing team.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.