12 Information Technology Stocks Moving In Wednesday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
In Wednesday's pre-market session, several IT stocks experienced significant price movements. Gainers included Saverone 2014, Yext, Chindata Group Holdings, NOVONIX, Research Frontiers, and WM Tech. Losers included Couchbase, Tingo Group, Soluna Holdings, Cipher Mining, Presto Automation, and Argo Blockchain.

June 07, 2023 | 1:06 pm
News sentiment analysis
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Argo Blockchain's stock declined by 5.52% to $1.2, with a market value of $57.3 million. The company's Q1 earnings report was released yesterday.
Argo Blockchain's stock price decreased following the release of its Q1 earnings report, suggesting that investors reacted negatively to the financial results, potentially leading to short-term losses.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Couchbase's stock decreased by 16.1% to $18.65 during Wednesday's pre-market session, with a market value of $858.2 million. The company's Q1 earnings report was released yesterday.
Couchbase's stock price decreased following the release of its Q1 earnings report, suggesting that investors reacted negatively to the financial results, potentially leading to short-term losses.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Saverone 2014's stock rose 18.7% to $1.62 during Wednesday's pre-market session, with a market cap of $9.0 million.
Saverone 2014's stock price increased significantly during the pre-market session, indicating positive investor sentiment and potential short-term gains.
CONFIDENCE 90
IMPORTANCE 50
RELEVANCE 100
POSITIVE IMPACT
Yext shares rose 17.08% to $11.24, with a market cap of $1.3 billion. The company's Q1 earnings report was released yesterday.
Yext's stock price increased following the release of its Q1 earnings report, suggesting that investors reacted positively to the financial results, potentially leading to short-term gains.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100