09:09 AM EDT, 03/28/2024 (MT Newswires) -- Technology stocks were declining premarket Thursday with the Technology Select Sector SPDR Fund ( XLK ) down 0.2% and the SPDR S&P Semiconductor ETF ( XSD ) 1.7% lower recently.

TD Synnex ( SNX ) was down more than 5% after saying a previously announced secondary public offering has been upsized to 10.5 million shares.

Rumble (RUM) was over 6% lower after it reported a Q4 loss of $0.14 per diluted share, compared with a break-even a year earlier.

Take-Two Interactive Software ( TTWO ) has agreed to acquire Gearbox Entertainment from Swedish video game holding company Embracer Group for about $460 million, the companies said in separate statements. Take-Two Interactive Software ( TTWO ) was more than 1% lower pre-bell.