09:15 AM EDT, 09/19/2024 (MT Newswires) -- Technology stocks were flat to higher premarket Thursday as the Technology Select Sector SPDR Fund ( XLK ) was up 2.4% and the SPDR S&P Semiconductor ETF ( XSD ) was inactive recently.
Coherent (COHR) shares rose past 2% after the company said device samples of its new uncooled dual-chip micro-pump laser are now available, with volume production on track for Q1 next year.
Endava ( DAVA ) shares declined by over 3% after the company reported fiscal Q4 adjusted earnings of 0.22 British pounds ($0.29) per diluted share, down from 0.57 pounds a year earlier.
AI equipment company Syntiant said it signed a deal to acquire certain assets of Knowles' ( KN ) consumer micro-electro-mechanical systems microphones business. Knowles ( KN ) shares were down more than 5% pre-bell.