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Sector Update: Tech Stocks Flat to Lower Pre-Bell Monday
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Sector Update: Tech Stocks Flat to Lower Pre-Bell Monday
Aug 18, 2025 6:29 AM

09:02 AM EDT, 08/18/2025 (MT Newswires) -- Technology stocks were flat to lower pre-bell Monday, with the SPDR S&P Semiconductor ETF ( XSD ) inactive and the Technology Select Sector SPDR Fund (XLK) down 0.2%.

Dayforce ( DAY ) is being considered for takeover by Thoma Bravo, Bloomberg News reported, citing unnamed people familiar with the matter. Shares of Dayforce ( DAY ) were up more than 25% premarket.

Riskified ( RSKD ) stock was down more than 9% after the company reported lower Q2 non-GAAP earnings.

Yext ( YEXT ) shares were more than 6% higher after the company said Chief Executive Michael Walrath has submitted a non-binding proposal to acquire all outstanding company shares he doesn't already own at a price of $9 per share in cash.

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