12 Information Technology Stocks Moving In Friday's Intraday Session
Portfolio Pulse from Benzinga Insights
During Friday's intraday session, several information technology stocks experienced significant movements. Gainers included Airspan Networks Hldgs (AMEX:MIMO), Bitdeer Technologies (NASDAQ:BTDR), Rigetti Computing (NASDAQ:RGTI), MicroCloud Hologram (NASDAQ:HOLO), Evolv Technologies (NASDAQ:EVLV), and ICZOOM Group (NASDAQ:IZM). Losers included Maxeon Solar Technologies (NASDAQ:MAXN), One Stop Systems (NASDAQ:OSS), XIAO-I (NASDAQ:AIXI), AudioEye (NASDAQ:AEYE), Cepton (NASDAQ:CPTN), and Luna Innovations (NASDAQ:LUNA). Most of these movements were accompanied by high trading volumes and recent Q2 earnings reports.
August 11, 2023 | 5:31 pm
News sentiment analysis
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Maxeon Solar Technologies stock declined by 31.7% to $15.21 during Friday's regular session. The company's Q2 earnings were released yesterday.
The decline in Maxeon Solar Technologies' stock price can be attributed to the recent release of its Q2 earnings, which may have disappointed the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Bitdeer Technologies shares rose 43.7% to $13.35. The company's market value is at $1.4 billion.
The rise in Bitdeer Technologies' share price suggests positive market sentiment towards the company, potentially due to favorable business developments or financial performance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Airspan Networks Hldgs shares moved upwards by 108.7% to $0.32 during Friday's regular session. The company's Q2 earnings were released 2 days ago.
The significant increase in Airspan Networks Hldgs's share price can be attributed to the recent release of its Q2 earnings, which likely exceeded market expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Rigetti Computing shares rose 37.5% to $2.25. The company's Q2 earnings report was released yesterday.
The increase in Rigetti Computing's share price is likely due to the recent release of its Q2 earnings report, which may have been positively received by the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100