09:09 AM EDT, 03/24/2026 (MT Newswires) -- Technology stocks were mixed premarket Tuesday, with the State Street Technology Select Sector SPDR Fund (XLK) 0.5% lower and the State Street SPDR S&P Semiconductor ETF ( XSD ) up 0.3%.

Concentrix ( CNXC ) stock was down more than 11% after the company reported a decline in fiscal Q1 adjusted earnings which, along with its fiscal Q2 adjusted earnings per share forecast, missed analysts' estimates.

NETGEAR ( NTGR ) shares were up more than 8% after the Federal Communications Commission banned the import of all new foreign-made consumer routers.

Klarna ( KLAR ) shares were 0.2% higher after the company said it has increased its existing forward-flow and whole-loan sale agreement with investment funds managed by Elliott Investment Management to $2 billion from $1 billion.