09:20 AM EDT, 03/27/2024 (MT Newswires) -- Technology stocks were mixed pre-bell Wednesday, with the Technology Select Sector SPDR Fund ( XLK ) 0.6% higher and the SPDR S&P Semiconductor ETF ( XSD ) inactive.
NCino ( NCNO ) stock was up over 17% after the company overnight reported higher Q4 non-GAAP earnings and revenue.
Velo3D ( VLD ) shares were down nearly 35% after the company late Tuesday reported that its Q4 non-GAAP net loss widened as revenue fell during the period.
Concentrix ( CNXC ) stock was more than 4% lower after the company reported fiscal Q1 non-GAAP earnings of $2.57 per diluted share, down from $2.59 a year earlier. Three analysts surveyed by Capital IQ expected $2.58.