08:48 AM EST, 12/30/2024 (MT Newswires) -- Technology stocks were advancing premarket Monday as the Technology Select Sector SPDR Fund (XLK) was up past 1% and the SPDR S&P Semiconductor ETF (XSD) was 0.5% higher recently.

Zebra Technologies ( ZBRA ) shares dropped 0.8% after it said it plans to acquire Photoneo in a deal expected to close in Q1. Financial terms of the deal were not disclosed.