08:44 AM EDT, 06/10/2024 (MT Newswires) -- Technology stocks were mixed premarket Monday, with the Technology Select Sector SPDR Fund (XLK) up 0.1% and the SPDR S&P Semiconductor ETF (XSD) marginally lower.

Perion Network ( PERI ) shares were down more than 27% as the company cut its Q2 and 2024 revenue guidance after being informed by Microsoft (MSFT) that it will be excluded from Bing's search distribution marketplace.