12 Information Technology Stocks Moving In Thursday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
In Thursday's pre-market session, several IT stocks showed significant movement. Faro Technologies, Datasea, Zeta Global Holdings, Rackspace Tech, Oblong, and Fastly saw increases in their share prices, with Faro Technologies leading with a 15.3% increase. On the other hand, DXC Technology, Neonode, WaveDancer, Inpixon, DatChat, and Nano Labs experienced decreases, with DXC Technology seeing the largest drop of 24.1%.
August 04, 2023 | 1:25 pm
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NEGATIVE IMPACT
DXC Technology shares declined by 24.1% following the release of their Q1 earnings.
The decrease in DXC Technology's share price is likely due to negative Q1 earnings, which typically leads to decreased investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Faro Technologies shares increased by 15.3% following the release of their Q2 earnings.
The increase in Faro Technologies' share price is likely due to positive Q2 earnings, which typically leads to increased investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100