08:48 AM EST, 01/15/2025 (MT Newswires) -- Technology stocks were flat to higher premarket Wednesday as the SPDR S&P Semiconductor ETF (XSD) was inactive and the Technology Select Sector SPDR Fund (XLK) was recently up 1.6%.

Sonos ( SONO ) said in a regulatory filing that it has informed chief product officer Maxime Bouvat-Merlin that the CPO role will be eliminated effective immediately. Sonos ( SONO ) shares advanced by over 2% premarket.