Technology stocks were slipping pre-bell Thursday, with the Technology Select Sector SPDR Fund (XLK) and the iShares Semiconductor ETF (SOXX) declining more than 1%.
BIO-key International (BKYI) was rising more than 7% after announcing a partnership with Progreso Networks & Security to provide identity and access management services in Southeast Asia.
Planet Labs (PL) rose more than 2% after it reported a fiscal Q3 non-GAAP diluted loss of $0.08 per share, narrower than the per-share loss of $0.78 a year earlier. Analysts polled by Capital IQ expected a per-share loss of $0.11.
Grab Holdings (GRAB) was falling more than 2% after Reuters reported it is freezing most hiring and salary increases for certain senior managers to reduce costs amid an uncertain macroeconomic backdrop.
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