Bloomberg Podcasts · Chip Stocks Sink on Down Day For Wall Street | Closing Bell

1. 1. The Philadelphia Semiconductor Index (SOX) fell 3% today, recovering from an earlier 6.8% decline.
2. 2. Technology was the largest losing sector, down 1%, while healthcare, consumer staples, and financials rallied.
3. 3. Zebra Technologies and Ambient Micro posted significant gains after reporting better-than-expected Q1 results.
4. 4. Brown-Forman, parent company of Jack Daniel's, rejected a $15 billion takeover offer from Sazerac.
5. 5. Under Armour shares fell 17% after missing guidance and facing headwinds from partnership changes.