12 Information Technology Stocks Moving In Wednesday's Intraday Session
Portfolio Pulse from Benzinga Insights
During Wednesday's intraday session, several information technology stocks experienced significant movements. T Stamp (NASDAQ:IDAI), Computer Task Gr (NASDAQ:CTG), LivePerson (NASDAQ:LPSN), WaveDancer (NASDAQ:WAVD), Rapid7 (NASDAQ:RPD), and EMCORE (NASDAQ:EMKR) saw their shares rise, with T Stamp leading the gainers with a 46.9% increase. On the other hand, Veritone (NASDAQ:VERI), KVH Industries (NASDAQ:KVHI), Expensify (NASDAQ:EXFY), Actelis Networks (NASDAQ:ASNS), SoundThinking (NASDAQ:SSTI), and 8x8 (NASDAQ:EGHT) experienced declines, with Veritone leading the losers with a 31.1% decrease. Most of these movements were associated with the release of Q2 earnings reports.
August 09, 2023 | 5:30 pm
News sentiment analysis
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NEGATIVE IMPACT
Veritone's stock declined by 31.1% following the release of their Q2 earnings report. The company's market cap stands at $101.5 million.
The decrease in Veritone's share price is likely due to negative results in their Q2 earnings report.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Computer Task Gr's shares moved upwards by 27.75% following the release of their Q2 earnings report. The company's market cap stands at $162.4 million.
The increase in Computer Task Gr's share price is likely due to positive results in their Q2 earnings report.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
T Stamp's shares rose 46.9% during Wednesday's session. The company's market cap stands at $17.2 million.
The significant increase in T Stamp's share price is likely due to positive market sentiment. However, the specific reason for this increase was not mentioned in the article.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100