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Sector Update: Tech Stocks Mixed Pre-Bell Monday
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Sector Update: Tech Stocks Mixed Pre-Bell Monday
Feb 10, 2025 6:20 AM

08:59 AM EST, 02/10/2025 (MT Newswires) -- Technology stocks were mixed pre-bell Monday as the Technology Select Sector SPDR Fund (XLK) was 0.9% higher and the SPDR S&P Semiconductor ETF ( XSD ) was slightly lower recently.

Monday.com ( MNDY ) shares rose past 25% after the company reported higher Q4 non-GAAP net income and revenue.

ON Semiconductor (ON) shares declined by more than 5% after the company reported lower Q4 non-GAAP earnings and revenue.

Snap (SNAP) shares were down 0.7% after the company said it plans to offer $700 million worth of senior notes due 2033 via a private offering.

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