Technology stocks were mixed pre-bell Monday as the Technology Select Sector SPDR Fund (XLK) was 0.9% higher and the SPDR S&P Semiconductor ETF (XSD) was slightly lower recently.

Monday.com (MNDY) shares rose past 25% after the company reported higher Q4 non-GAAP net income and revenue.

ON Semiconductor (ON) shares declined by more than 5% after the company reported lower Q4 non-GAAP earnings and revenue.

Snap (SNAP) shares were down 0.7% after the company said it plans to offer $700 million worth of senior notes due 2033 via a private offering.