08:39 AM EDT, 08/12/2024 (MT Newswires) -- Technology stocks were flat to higher premarket Monday as the SPDR S&P Semiconductor ETF (XSD) was inactive and the Technology Select Sector SPDR Fund (XLK) was recently up 0.4%.

Monday.com ( MNDY ) shares advanced by more than 9% after it reported higher Q2 non-GAAP net income and revenue. The company also raised its revenue outlook for the full year.