09:12 AM EDT, 05/20/2024 (MT Newswires) -- Technology stocks were steady premarket Monday as the SPDR S&P Semiconductor ETF ( XSD ) was inactive and the Technology Select Sector SPDR Fund ( XLK ) was up 0.04% recently.

Wix.com ( WIX ) rose nearly 10% after it reported higher Q1 adjusted earnings and revenue.

Zebra Technologies ( ZBRA ) said it intends to offer up to $500 million of senior unsecured notes due 2032 in a private offering. Zebra Technologies ( ZBRA ) was down more than 1% pre-bell.

CyberArk Software ( CYBR ) announced a definitive agreement to acquire machine identity management company Venafi from Thoma Bravo in a stock-and-cash deal valued at about $1.54 billion. CyberArk Software ( CYBR ) was up 0.6% premarket.