Technology stocks were steady premarket Friday as the SPDR S&P Semiconductor ETF (XSD) and Technology Select Sector SPDR Fund (XLK) inactive recently.
Asana (ASAN) shares rose past 27% after the company reported a narrowed fiscal Q3 non-GAAP loss as revenue increased during the period. The company also lowered its expected non-GAAP loss per share for fiscal 2025 and raised its revenue outlook for the year.
Rubrik (RBRK) shares were up over 20% after the company reported a narrowed fiscal Q3 non-GAAP net loss as revenue increased during the period.
Docusign (DOCU) shares advanced by over 14% after the company reported higher fiscal Q3 non-GAAP earnings and revenue. The company also raised its fiscal 2025 revenue outlook.
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