09:08 AM EST, 03/05/2024 (MT Newswires) -- Technology stocks were mixed premarket Tuesday, with the Technology Select Sector SPDR Fund ( XLK ) 0.9% lower and the SPDR S&P Semiconductor ETF ( XSD ) recently up 1%.

GitLab ( GTLB ) was retreating by over 21% after it issued earnings guidance for fiscal Q1 and the full financial year 2025 which missed the market's expectations.

Semrush Holdings ( SEMR ) was slipping past 12% after issuing Q1 and full-year 2024 outlooks that were a touch shy of market expectations.

Vivid Seats ( SEAT ) was over 8% lower after it reported a Q4 net income of $22.4 million, down from $24.8 million a year earlier.