Sector Update: Tech Stocks Steady Premarket Monday

MT Newswires Live
Aug 11

Technology stocks were steady premarket Monday, with the SPDR S&P Semiconductor ETF (XSD) inactive and the Technology Select Sector SPDR Fund (XLK) declining 0.6%.

Micron Technology (MU) stock was up more than 5% after the company raised its Q4 guidance.

Monday.com (MNDY) shares were down more than 19% after the company reported higher Q2 non-GAAP earnings and revenue.

C3.ai (AI) shares were more than 33% lower after the company reported a fiscal Q1 preliminary non-GAAP loss from operations and total revenue that missed analysts' estimates.

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