09:05 AM EDT, 06/21/2024 (MT Newswires) -- Technology stocks were edging higher premarket Friday with the Technology Select Sector SPDR Fund ( XLK ) up 0.1% and the SPDR S&P Semiconductor ETF ( XSD ) 0.9% higher recently.

Genius Sports ( GENI ) said Kenneth Kay will become board chair, starting in June. Genius Sports ( GENI ) was over 3% higher pre-bell.

Asana (ASAN) was up nearly 3% after saying its board has approved a share buyback program of up to $150 million of its class A shares through June 30, 2025.

Applied Optoelectronics ( AAOI ) was over 1% higher after saying it has reached a settlement with Molex regarding their patent infringement dispute and related litigation.