Technology stocks were declining premarket Thursday as the SPDR S&P Semiconductor ETF (XSD) fell by 0.1% and the Technology Select Sector SPDR Fund (XLK) was recently down 0.6%.
E2open Parent Holdings (ETWO) shares fell nearly 23% after the company reported fiscal Q2 revenue of $152.2 million, down from $158.5 million a year earlier. E2open also cut its fiscal 2025 revenue guidance to the range of $607 million to $617 million from $630 million to $645 million.
Symbotic (SYM) shares were up nearly 4% after the company said it commercial agreements to implement its warehouse automation systems in two greenfield distribution centers of Walmart (WMT) subsidiary Walmart de Mexico y Centroamerica near Mexico City.
Richardson Electronics (RELL) shares were up 0.9% after the company reported fiscal Q1 net sales of $53.7 million, compared with $52.6 million a year earlier.
