09:10 AM EST, 11/15/2024 (MT Newswires) -- Technology stocks were declining premarket Friday with the Technology Select Sector SPDR Fund (XLK) down 1.1% and the SPDR S&P Semiconductor ETF ( XSD ) 0.7% lower recently.

Applied Materials ( AMAT ) shares fell past 9% after the company reported a decline in fiscal Q4 GAAP earnings.

AST SpaceMobile ( ASTS ) shares declined by over 11% after the company reported a wider Q3 net loss.

OneStream ( OS ) were down nearly 6% after the company priced an offering of 15 million class A common shares at $31 per share.