09:06 AM EDT, 08/20/2024 (MT Newswires) -- Technology stocks were mixed premarket Tuesday as the Technology Select Sector SPDR Fund (XLK) fell 0.2% and SPDR S&P Semiconductor ETF (XSD) was recently inactive.

Fabrinet ( FN ) shares were up more than 12% after it reported higher fiscal Q4 earnings and sales, beating expectations, and unveiled an expanded stock buyback program.