12 Information Technology Stocks Moving In Wednesday's Intraday Session
Portfolio Pulse from Benzinga Insights
During Wednesday's intraday session, several IT stocks experienced significant price movements. Avid Technology, Applied Digital, NiSun Intl Enterprise Dev, Movella Holdings, RF Industries, and Sonic Foundry were among the gainers, while Navitas Semiconductor, Bit Origin, HeartCore Enterprises, Ascent Solar Technologies, Rubicon Technologies, and Infobird Co were among the losers.
May 24, 2023 | 5:31 pm
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POSITIVE IMPACT
Avid Technology shares increased by 12.4% to $23.01 during Wednesday's regular session, with a trading volume of 1.8 million, 535.5% of its average full-day volume over the last 100 days.
Avid Technology's stock price increased significantly during Wednesday's session, with a trading volume much higher than its average. This indicates strong investor interest and could lead to further price increases in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Navitas Semiconductor stock decreased by 21.0% to $7.49 during Wednesday's regular session, with a current volume of 9.3 million shares, 493.2% of its average full-day volume over the last 100 days.
Navitas Semiconductor's stock price decreased significantly during Wednesday's session, with a trading volume much higher than its average. This indicates strong selling pressure and could lead to further price decreases in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100