Sector Update: Tech Stocks Mixed Premarket Thursday

Technology stocks were mixed premarket Thursday as the Technology Select Sector SPDR Fund XLK was up 1.9% and the SPDR S&P Semiconductor ETF XSD was down 0.2%.

Infosys' INFY shares were nearly 6% lower after it reported a fiscal Q4 revenue of $4.56 billion, up from $4.55 billion a year earlier but still missing the $4.62 billion forecast from analysts surveyed by Capital IQ.

Duolingo DUOL is set to replace Cable One (CABO) in the S&P MidCap 400 index on April 22, the S&P Dow Jones Indices said. Duolingo's shares were recently up nearly 7%.

Zuora ZUO is considering options that include a potential sale, according to media reports Wednesday, citing people with knowledge of the matter. Zuora's shares were 1.9% higher pre-bell.