12 Information Technology Stocks Moving In Wednesday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
12 IT stocks experienced significant price movements in Wednesday's pre-market session, with 6 gainers and 6 losers. Notable gainers include Backblaze, Expensify, and Rekor Systems, while Intchains Gr, Red Cat Holdings, and IronNet were among the losers.

June 21, 2023 | 1:15 pm
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NEGATIVE IMPACT
Intchains Gr shares decreased by 12.4% to $7.62 during Wednesday's pre-market session, with a market cap of $456.7 million.
Intchains Gr's share price decreased significantly during the pre-market session, indicating negative investor sentiment and potential short-term losses.
CONFIDENCE 90
IMPORTANCE 50
RELEVANCE 100
NEGATIVE IMPACT
IronNet shares decreased by 9.1% to $0.2 during Wednesday's pre-market session, with a market cap of $22.3 million.
IronNet's share price decreased significantly during the pre-market session, indicating negative investor sentiment and potential short-term losses.
CONFIDENCE 90
IMPORTANCE 50
RELEVANCE 100
NEGATIVE IMPACT
Red Cat Holdings shares fell 9.61% to $1.13 during Wednesday's pre-market session, with a market cap of $61.5 million.
Red Cat Holdings' share price decreased significantly during the pre-market session, indicating negative investor sentiment and potential short-term losses.
CONFIDENCE 90
IMPORTANCE 50
RELEVANCE 100
POSITIVE IMPACT
Backblaze shares rose 12.3% to $4.94 during Wednesday's pre-market session, with a market cap of $171.0 million.
Backblaze's share 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
Expensify shares increased by 10.29% to $8.45 during Wednesday's pre-market session, with a market cap of $699.7 million.
Expensify's share 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
Rekor Systems shares rose 7.49% to $1.72 during Wednesday's pre-market session, with a market cap of $106.3 million.
Rekor Systems' share price increased significantly during the pre-market session, indicating positive investor sentiment and potential short-term gains.
CONFIDENCE 90
IMPORTANCE 50
RELEVANCE 100