12 Information Technology Stocks Moving In Thursday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
The article reports on the performance of various Information Technology stocks in Thursday's pre-market session. Casa Systems, Rubicon Technologies, STMicroelectronics, SoundHound AI, Pagaya Techs, and Credo Technology Group saw their shares rise, while Inpixon, Silicon Motion Technology, Impinj, MaxLinear, Perficient, and MagnaChip Semiconductor experienced a decline in their stock prices.
July 27, 2023 | 1:05 pm
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POSITIVE IMPACT
Casa Systems' shares rose 7.1% to $1.21 during Thursday's pre-market session.
The rise in Casa Systems' stock price is likely due to positive market sentiment. However, the specific reason for the increase is not mentioned in the article.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Credo Technology Group's shares moved upwards by 5.68% to $17.67.
Credo Technology Group's stock price increased, possibly due to positive market sentiment. The specific reason for the increase is not mentioned in the article.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Pagaya Techs' shares increased by 6.01% to $2.29.
Pagaya Techs' stock price increased, possibly due to positive market sentiment. The specific reason for the increase is not mentioned in the article.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Rubicon Technologies' stock increased by 7.0% to $0.75.
Rubicon Technologies' stock price increased, possibly due to positive market sentiment. The specific reason for the increase is not mentioned in the article.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
SoundHound AI's shares rose 6.12% to $2.6.
SoundHound AI's stock price increased, possibly due to positive market sentiment. The specific reason for the increase is not mentioned in the article.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
STMicroelectronics' stock increased by 6.88% to $55.1. The company's Q2 earnings came out today.
The increase in STMicroelectronics' stock price is likely due to the release of their Q2 earnings. However, the article does not provide details on the earnings report.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Inpixon's shares declined by 11.2% to $0.22 during Thursday's pre-market session.
Inpixon's stock price declined, possibly due to negative market sentiment. The specific reason for the decrease is not mentioned in the article.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
MagnaChip Semiconductor's shares fell 7.66% to $8.2.
MagnaChip Semiconductor's stock price declined, possibly due to negative market sentiment. The specific reason for the decrease is not mentioned in the article.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
MaxLinear's stock decreased by 9.33% to $26.85. The company's Q2 earnings report came out yesterday.
The decrease in MaxLinear's stock price is likely due to the release of their Q2 earnings. However, the article does not provide details on the earnings report.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Impinj's stock fell 10.0% to $70.75. The company's Q2 earnings report came out yesterday.
The decrease in Impinj's stock price is likely due to the release of their Q2 earnings. However, the article does not provide details on the earnings report.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Perficient's stock decreased by 7.76% to $83.57. The company's Q2 earnings came out today.
The decrease in Perficient's stock price is likely due to the release of their Q2 earnings. However, the article does not provide details on the earnings report.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Silicon Motion Technology's stock decreased by 11.07% to $58.12. The company's Q2 earnings report came out today.
The decrease in Silicon Motion Technology's stock price is likely due to the release of their Q2 earnings. However, the article does not provide details on the earnings report.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100