12 Information Technology Stocks Moving In Tuesday's Intraday Session
Portfolio Pulse from Benzinga Insights
During Tuesday's intraday session, several information technology stocks experienced significant price movements. Gainers included Airspan Networks, Iris Energy, SoundHound AI, Crexendo, Materialise, and Tingo Group, while losers were Hitek Global, WeTrade Group, Bitdeer Technologies, Sonic Foundry, Nortech Systems, and MariaDB.
June 20, 2023 | 5:37 pm
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NEGATIVE IMPACT
Bitdeer Technologies' shares fell 12.28% to $10.01, with a trading volume of 344.8K, 342.3% of its average full-day volume.
The significant decrease in Bitdeer Technologies' share price and the high trading volume compared to its average full-day volume suggest a strong short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Hitek Global's shares fell 37.8% to $6.27, with a trading volume of 978.2K, 867.5% of its average full-day volume.
The significant decrease in Hitek Global's share price and the extremely high trading volume compared to its average full-day volume indicate a strong short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
MariaDB's stock declined by 9.55% to $0.95, with a market cap of $63.5 million.
The significant decrease in MariaDB's stock price indicates a strong short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Nortech Systems' stock fell 9.59% to $9.9, with a market cap of $26.7 million.
The significant decrease in Nortech Systems' stock price indicates a strong short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Sonic Foundry's shares decreased by 10.4% to $1.12, with a trading volume of 140.0K, 16.4% of its average full-day volume.
The significant decrease in Sonic Foundry's share price indicates a strong short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
WeTrade Group's stock decreased by 12.77% to $9.5, with a trading volume of 130.5K, 34.2% of its average full-day volume.
The significant decrease in WeTrade Group's stock price indicates a strong short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Crexendo's shares moved upwards by 15.25% to $1.98, with a market cap of $51.4 million.
The significant increase in Crexendo's share price indicates a strong short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Iris Energy's shares rose 20.46% to $4.12, with a trading volume of 1.7 million, 209.4% of its average full-day volume.
Iris Energy's significant share price increase and the high trading volume compared to its average full-day volume suggest a strong short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Airspan Networks' stock increased by 28.2% to $0.2 during Tuesday's session, with a trading volume of 44.8 million, 1896.2% of its average full-day volume.
The significant increase in Airspan Networks' stock price and the extremely high trading volume compared to its average full-day volume indicate a strong short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Materialise's shares moved upwards by 13.95% to $8.74, with a trading volume of 330.8K, 191.0% of its average full-day volume.
The significant increase in Materialise's share price and the high trading volume compared to its average full-day volume suggest a strong short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
SoundHound AI's stock rose 15.95% to $3.87, with a trading volume of 22.9 million, 193.3% of its average full-day volume.
The significant increase in SoundHound AI's stock price and the high trading volume compared to its average full-day volume indicate a strong short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Tingo Group's stock rose 12.49% to $1.44, with a trading volume of 7.2 million, 95.4% of its average full-day volume.
The significant increase in Tingo Group's stock price and the high trading volume compared to its average full-day volume indicate a strong short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100