09:08 AM EDT, 08/09/2024 (MT Newswires) -- Technology stocks were mixed pre-bell Friday with the SPDR S&P Semiconductor ETF ( XSD ) 0.02% higher and the Technology Select Sector SPDR Fund ( XLK ) down 0.2% recently.

Iteris ( ITI ) shares rose past 64% after announcing a definitive merger agreement to be acquired by Almaviva in an all-cash transaction valuing the smart mobility infrastructure management firm at about $335 million.

EchoStar ( SATS ) shares were down nearly 13% after it reported that it swung to a Q2 net loss as revenue declined during the period.

Pagaya Technologies ( PGY ) shares were up nearly 9% after it reported higher Q2 adjusted earnings and revenue.