12 Information Technology Stocks Moving In Monday's After-Market Session
Portfolio Pulse from Benzinga Insights
Several Information Technology stocks experienced significant movement in Monday's after-market session. Actelis Networks, F5, UTime, NextNav, Movella Holdings, and Iveda Solutions saw gains, while SoundHound AI, AgileThought, Soluna Holdings, BIT Mining, Interlink Electronics, and Cadence Design Sys experienced losses. F5 and Cadence Design Sys released their Q3 and Q2 earnings respectively.
July 24, 2023 | 9:32 pm
News sentiment analysis
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NEGATIVE IMPACT
Cadence Design Sys stock declined by 4.14% to $231.3 after the company's Q2 earnings release.
Cadence Design Sys' stock price decrease following its Q2 earnings release suggests the results were not well-received by investors, which could lead to further short-term losses.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
SoundHound AI shares decreased by 16.8% to $2.43.
The significant decrease in SoundHound AI's stock price indicates negative investor sentiment, potentially leading to further short-term losses.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Actelis Networks stock increased by 13.1% to $2.99.
The significant increase in Actelis Networks' stock price indicates positive investor sentiment, potentially leading to further short-term gains.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
F5 shares moved upwards by 8.21% to $162.55 after the company's Q3 earnings release.
F5's stock price increase following its Q3 earnings release suggests the results were well-received by investors, which could lead to further short-term gains.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100