09:06 AM EDT, 09/04/2025 (MT Newswires) -- Technology stocks were declining pre-bell Thursday with the Technology Select Sector SPDR Fund (XLK) down 0.2% and the iShares Expanded Tech Sector ETF ( IGM ) 0.4% lower.

Figma ( FIG ) stock was down more than 15% after the company reported nil net income for fiscal Q2, missing analysts' estimates.

Ciena (CIEN) shares were up more than 23% after the company posted higher fiscal Q3 adjusted net income and revenue.

Science Applications International ( SAIC ) shares were down nearly 11% after the company reported a decline in fiscal Q2 revenue and lowered its fiscal 2026 revenue outlook.