09:11 AM EDT, 10/10/2024 (MT Newswires) -- Technology stocks were declining premarket Thursday as the SPDR S&P Semiconductor ETF ( XSD ) fell by 0.1% and the Technology Select Sector SPDR Fund ( XLK ) was recently down 0.6%.

E2open Parent Holdings ( ETWO ) shares fell nearly 23% after the company reported fiscal Q2 revenue of $152.2 million, down from $158.5 million a year earlier. E2open also cut its fiscal 2025 revenue guidance to the range of $607 million to $617 million from $630 million to $645 million.

Symbotic ( SYM ) shares were up nearly 4% after the company said it commercial agreements to implement its warehouse automation systems in two greenfield distribution centers of Walmart ( WMT ) subsidiary Walmart ( WMT ) de Mexico y Centroamerica near Mexico City.

Richardson Electronics ( RELL ) shares were up 0.9% after the company reported fiscal Q1 net sales of $53.7 million, compared with $52.6 million a year earlier.