12 Information Technology Stocks Moving In Wednesday's Intraday Session
Portfolio Pulse from Benzinga Insights
During Wednesday's intraday session, several IT stocks experienced significant movements. WaveDancer, T Stamp, AEye, Freshworks, Rubicon Technologies, and Clear Secure saw gains, while Latch, Cambium Networks, MeridianLink, XIAO-I, SolarEdge Technologies, and D-Wave Quantum experienced losses. Q2 earnings reports were recently released for Freshworks, Clear Secure, Cambium Networks, MeridianLink, and SolarEdge Technologies.
August 04, 2023 | 11:50 am
News sentiment analysis
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NEGATIVE IMPACT
Cambium Networks' shares fell 34.88% to $10.59. Q2 earnings were released yesterday.
The decrease in Cambium Networks' stock price is likely due to negative market sentiment following the release of their Q2 earnings.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Latch's stock declined by 47.5% to $0.88.
The significant decrease in Latch's stock price is likely due to negative market sentiment. The high trading volume indicates strong investor interest.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
MeridianLink's stock fell 24.59% to $16.84. Q2 earnings report was released yesterday.
The decrease in MeridianLink's stock price is likely due to negative market sentiment following the release of their Q2 earnings.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
SolarEdge Technologies' stock decreased by 18.64% to $194.85. Q2 earnings were released yesterday.
The decrease in SolarEdge Technologies' stock price is likely due to negative market sentiment following the release of their Q2 earnings.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Freshworks' stock increased by 20.15% to $21.92. Q2 earnings were released yesterday.
The increase in Freshworks' stock price is likely due to positive market sentiment following the release of their Q2 earnings.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
T Stamp's stock rose 71.73% to $2.49.
The significant increase in T Stamp's stock price is likely due to positive market sentiment. The high trading volume indicates strong investor interest.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
AEye's shares moved upwards by 26.21% to $0.71.
The significant increase in AEye's stock price is likely due to positive market sentiment. The high trading volume indicates strong investor interest.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
WaveDancer's stock rose 133.1% to $0.64 during Wednesday's regular session.
The significant increase in WaveDancer's stock price is likely due to positive market sentiment. The high trading volume indicates strong investor interest.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100