08:55 AM EDT, 07/17/2024 (MT Newswires) -- Technology stocks were declining premarket Wednesday, with The Technology Select Sector SPDR Fund (XLK) down 2% and the SPDR S&P Semiconductor ETF (XSD) 0.7% lower.

GitLab ( GTLB ) is considering a sale after attracting acquisition interest, Reuters reported, citing people familiar with the matter. GitLab ( GTLB ) shares were up past 12% pre-bell.