09:09 AM EDT, 06/17/2024 (MT Newswires) -- Technology stocks were advancing premarket Monday with the Technology Select Sector SPDR Fund ( XLK ) up 0.2% and the SPDR S&P Semiconductor ETF ( XSD ) 1.4% higher recently.

Activist investor Starboard Value has been meeting with Autodesk ( ADSK ) executives in recent weeks to discuss concerns over its operations and corporate governance, The Wall Street Journal reported, citing people familiar with the matter. Autodesk ( ADSK ) rose nearly 5% pre-bell.

Aaron's (AAN) rallied past 32% after the company said it has agreed to be acquired by fintech firm IQVentures for $10.10 per share in cash for an enterprise value of approximately $504 million.

Meta Platforms ( META ) is facing a potential fine over its alleged violation of the European Union's Digital Markets Act or DMA, Reuters reported, citing unnamed sources familiar with the matter. Meta Platforms ( META ) was 0.4% lower premarket.