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MarketBeat
MarketBeat
Leo Miller

Amid Tech Volatility, These 3 Stocks Are Up & Boosting Buybacks

RCL BCO Waste Management WM Brink NYSE Brinks MarketBeat

Since the end of October, technology stocks have seen significant volatility. The Technology Select Sector SPDR Fund (NYSEARCA: XLK) reached a split-adjusted all-time high of around $152 on Oct. 29. However, the fund fell over 10% from that level by Nov. 20.

After continuing to move up and down over recent weeks, XLK has rebounded to around $145 as of the Dec. 22 close. A general sense of overvaluation among some of the top names in tech, as well as renewed “AI bubble” fears, has led to this volatility.

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