Technology stocks were flat to lower premarket Wednesday as the SPDR S&P Semiconductor ETF (XSD) was inactive and the Technology Select Sector SPDR Fund (XLK) was down 0.6% recently.
Dell Technologies (DELL) shares fell past 12% after the company late Tuesday reported fiscal Q3 revenue that missed market expectations.
Symbotic (SYM) shares declined 32% after the company said it has submitted a notification of late filing for its annual report for the fiscal year ending Sept. 28, 2024 and lowered its revenue outlook for fiscal Q1.
Ambarella (AMBA) shares were up nearly 19% after the company reported late Tuesday a swing to Q3 non-GAAP net income as revenue increased during the period.
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