09:07 AM EDT, 07/02/2024 (MT Newswires) -- Technology stocks were declining premarket Tuesday as the Technology Select Sector SPDR Fund ( XLK ) was down 0.7% and the SPDR S&P Semiconductor ETF ( XSD ) recently fell by 10.4%.

Versus Systems ( VS ) shares surged past 71% after the company announced a strategic restructuring and the appointment of Curtis Wolfe as interim chief executive officer starting immediately.

Roadzen ( RDZN ) shares jumped 48% after the company reported its first fiscal year as a public company.

Salesforce ( CRM ) shareholders voted against a compensation plan for its CEO Marc Benioff and other top executives, a regulatory filing showed late Monday. Salesforce ( CRM ) was down 0.8% pre-bell.