12 Information Technology Stocks Moving In Friday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
In Friday's pre-market session, several information technology stocks showed significant movement. ARB IOT Group, SAI.TECH Global, Frequency Electronics, Verb Tech, Nano Labs, and Aurora Mobile saw gains, while Telefonaktiebolaget L M, D-Wave Quantum, Nokia, NETSOL Technologies, AEye, and Mobilicom experienced losses. Frequency Electronics and Telefonaktiebolaget L M released their Q4 and Q2 earnings respectively.
July 14, 2023 | 1:12 pm
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NEGATIVE IMPACT
Telefonaktiebolaget L M stock decreased by 10.1% to $5.16. The company released its Q2 earnings report today.
The drop in ERIC's share price following its Q2 earnings release suggests the results were not well-received by investors, potentially leading to further short-term losses.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
ARB IOT Group shares rose 43.9% to $4.69 during Friday's pre-market session.
The significant rise in ARBB's share price indicates positive investor sentiment, which could lead to further short-term gains.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Frequency Electronics shares rose 10.32% to $7.05. The company released its Q4 earnings yesterday.
The rise in FEIM's share price following its Q4 earnings release suggests the results were well-received by investors, potentially leading to further short-term gains.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
SAI.TECH Global stock moved upwards by 17.88% to $2.24.
The upward movement in SAI's stock price suggests positive investor sentiment, potentially leading to further short-term gains.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100