08:38 AM EDT, 05/02/2024 (MT Newswires) -- Technology stocks were advancing pre-bell Thursday, with the Technology Select Sector SPDR Fund (XLK) up 1.1% and the SPDR S&P Semiconductor ETF (XSD) 5.8% higher recently.

Freshworks ( FRSH ) dropped more than 28% after saying it now expects full-year revenue of $695 million to $705 million, down from $703.5 million to $711.5 million anticipated earlier.