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Technology stocks were gaining pre-bell Monday. The Technology Select Sector SPDR Fund (XLK) was 0.6% higher and the iShares Semiconductor ETF (SOXX) was recently rising past 1%.
Duck Creek Technologies (DCT) was rallying more than 45% after saying it has agreed to be acquired by Vista Equity Partners for $19 per share in a cash transaction valued at about $2.60 billion.
Paya Holdings (PAYA) was climbing past 24% after Nuvei (NVEI) agreed to buy the company for $9.75 per share, or a total consideration of about $1.30 billion, in an all-cash transaction.
SPI Energy (SPI) was trading over 5% higher after saying its Solar 4 America subsidiary has begun volume production of M10 solar modules from its facility in Sacramento, California.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
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