12 Information Technology Stocks Moving In Thursday's Intraday Session
Portfolio Pulse from Benzinga Insights
Information technology stocks experienced significant movement during Thursday's intraday session, with Latch, GSI Technology, Rubicon Technologies, Applied Digital, DatChat, and Duos Technologies Group among the gainers, while Tingo Group, SpringBig Holdings, Sobr Safe, Saverone 2014, Cyxtera Technologies, and TROOPS were among the losers.
May 18, 2023 | 5:31 pm
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NEGATIVE IMPACT
Cyxtera Technologies shares declined by 8.52% to $0.16, with trading volume at 59.1% of its average full-day volume over the last 100 days.
Cyxtera Technologies' stock price declined during Thursday's session, with trading volume lower than its average. This indicates a lack of investor interest and could lead to further short-term losses.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Tingo Group shares fell 19.0% to $4.13 during Thursday's session, with trading volume at 925.0% of its average full-day volume over the last 100 days. Q1 earnings came out 3 days ago.
Tingo Group's stock price declined following the release of its Q1 earnings report, and the high trading volume suggests strong investor interest. This could lead to further short-term losses.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
GSI Technology shares moved upwards by 18.23% to $5.16, with trading volume at 330.5% of its average full-day volume over the last 100 days. Q4 earnings report came out 2 days ago.
GSI Technology's stock price increased following the release of its Q4 earnings report, and the high trading volume suggests strong investor interest. This could lead to further short-term gains.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Latch shares rose 19.0% to $1.11 during Thursday's session, with trading volume at 874.7% of its average full-day volume over the last 100 days.
Latch's stock price increased significantly during Thursday's session, with trading volume much higher than its average. This indicates strong investor interest and could lead to further short-term gains.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100