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Sector Update: Tech Stocks Steady Premarket Friday
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Sector Update: Tech Stocks Steady Premarket Friday
Dec 6, 2024 6:25 AM

09:06 AM EST, 12/06/2024 (MT Newswires) -- Technology stocks were steady premarket Friday as the SPDR S&P Semiconductor ETF ( XSD ) and Technology Select Sector SPDR Fund (XLK) inactive recently.

Asana (ASAN) shares rose past 27% after the company reported a narrowed fiscal Q3 non-GAAP loss as revenue increased during the period. The company also lowered its expected non-GAAP loss per share for fiscal 2025 and raised its revenue outlook for the year.

Rubrik ( RBRK ) shares were up over 20% after the company reported a narrowed fiscal Q3 non-GAAP net loss as revenue increased during the period.

Docusign ( DOCU ) shares advanced by over 14% after the company reported higher fiscal Q3 non-GAAP earnings and revenue. The company also raised its fiscal 2025 revenue outlook.

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