08:55 AM EDT, 10/10/2024 (MT Newswires) -- Technology stocks were lower premarket Thursday as the SPDR S&P Semiconductor ETF (XSD) fell 0.8% and the Technology Select Sector SPDR Fund (XLK) was recently down 0.6%.

E2open Parent Holdings ( ETWO ) shares fell past 22% after the company reported fiscal Q2 revenue of $152.2 million, down from $158.5 million a year earlier. E2open also cut its fiscal 2025 revenue guidance to the range of $607 million to $617 million from $630 million to $645 million.