09:08 AM EDT, 08/27/2025 (MT Newswires) -- Technology stocks were advancing premarket Wednesday, as the Technology Select Sector SPDR Fund (XLK) was up 0.1% and the SPDR S&P Semiconductor ETF ( XSD ) was 1.5% higher recently.

MongoDB's ( MDB ) shares were up more than 30% in premarket activity Wednesday after the company reported overnight quarterly earnings and sales that beat market expectations and also raised its full-year outlook.

Photronics ( PLAB ) shares were up 9% after the integrated circuit and flat panel display manufacturer posted better-than-expected fiscal Q3 non-GAAP earnings and revenue.

Garmin ( GRMN ) shares were up 1.5% after the company said that its Autoland and Autothrottle systems have been granted certification by the US Federal Aviation Administration for select G1000 NXi-equipped King Air 350 aircraft.