Technology stocks were leaning lower premarket Monday. The Technology Select Sector SPDR ETF (XLK) was down 0.5% and the Semiconductor Sector Index Fund (SOXX) was declining by 0.7%.
Grindr (GRND) said it swung to a Q3 net loss of $4.7 million from earnings of $1.9 million a year earlier, while revenue improved to $50.4 million from $38.2 million. Grindr was over 4% higher.
Wireless Telecom Group (WTT) was up 4.5% after saying it agreed to sell its radio, baseband and software segment CommAgility to E-Space for $14.5 million.
Science Applications International (SAIC) was advancing 2.5% after it reported fiscal Q3 adjusted earnings of $1.90 per diluted share, up from $1.85 a year earlier. Analysts polled by Capital IQ expected $1.73.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Image and article originally from www.nasdaq.com. Read the original article here.