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Sector Update: Tech Stocks Flat to Lower Pre-Bell Wednesday
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Sector Update: Tech Stocks Flat to Lower Pre-Bell Wednesday
Aug 20, 2025 6:40 AM

09:23 AM EDT, 08/20/2025 (MT Newswires) -- Technology stocks were flat to lower pre-bell Wednesday, with the SPDR S&P Semiconductor ETF ( XSD ) unchanged and the Technology Select Sector SPDR Fund (XLK) down 0.3%.

Analog Devices ( ADI ) was up more than 3% after the company reported higher fiscal Q3 adjusted earnings and revenue.

GDS (GDS) shares were up more than 3% after the company posted a narrowed Q2 loss as total net revenue increased during the period.

Dayforce ( DAY ) shares were more than 3% higher after the company said it is in "advanced discussions" with private equity firm Thoma Bravo to be acquired for $70 per share.

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