12 Information Technology Stocks Moving In Tuesday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
12 IT stocks experienced significant price movements during Tuesday's pre-market session, with GitLab and ZeroFox Holdings among the gainers after releasing Q1 earnings, while Tingo Group and Ciena were among the losers.
June 06, 2023 | 1:06 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Ciena shares decreased by 7.58% to $43.9 during Tuesday's pre-market session after Q2 earnings release.
Ciena's Q2 earnings release is a significant event for the company, and the negative results led to a 7.58% decrease in share price during the pre-market session. This indicates that investors are reacting negatively to the news, which is likely to drive the stock price down in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Tingo Group shares decreased by 20.8% to $2.02 during Tuesday's pre-market session.
Tingo Group's shares experienced a significant decline of 20.8% during Tuesday's pre-market session. While the article does not provide a specific reason for the drop, the substantial decrease in share price indicates that there may be negative sentiment or news surrounding the company, which is likely to drive the stock price down in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
GitLab shares rose 30.8% to $46.29 during Tuesday's pre-market session after Q1 earnings release.
GitLab's Q1 earnings release is a significant event for the company, and the positive results led to a 30.8% increase in share price during the pre-market session. This indicates that investors are reacting positively to the news, which is likely to drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
ZeroFox Holdings shares increased by 7.69% to $1.12 during Tuesday's pre-market session after Q1 earnings release.
ZeroFox Holdings' Q1 earnings release is a significant event for the company, and the positive results led to a 7.69% increase in share price during the pre-market session. This indicates that investors are reacting positively to the news, which is likely to drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100