09:06 AM EDT, 10/22/2024 (MT Newswires) -- Technology stocks were flat to lower premarket Tuesday as the Technology Select Sector SPDR Fund ( XLK ) was down 0.6% and the SPDR S&P Semiconductor ETF ( XSD ) was recently inactive.

SAP (SAP) shares were up over 2% after the company reported higher Q3 non-IFRS earnings and revenue.

Logitech International ( LOGI ) shares were down more than 9% even after the company reported higher fiscal Q2 adjusted earnings and revenue, and raised its fiscal 2025 revenue forecast.

Verizon Communications ( VZ ) shares fell past 3% after the company reported lower Q3 adjusted earnings and total operating revenue.