Technology stocks were declining premarket Thursday, with The Technology Select Sector SPDR Fund (XLK) and SPDR S&P Semiconductor ETF (XSD) 0.1% lower.
Synopsys (SNPS) shares were down more than 7% after the company's guidance for fiscal Q1 and fiscal 2025 trailed analyst estimates.
Science Applications International (SAIC) stock was up over 5% after the company reported higher fiscal Q3 adjusted earnings and revenue in addition to lifting its fiscal 2025 non-GAAP EPS outlook.
AudioEye (AEYE) shares were down more than 15% after the company said that a secondary offering of up to 1.3 million shares by selling shareholders has been priced at $24 each.
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