12 Information Technology Stocks Moving In Monday's Intraday Session
Portfolio Pulse from Benzinga Insights
During Monday's intraday session, several information technology stocks experienced significant movements. Powerbridge Technologies (PBTS), Hitek Global (HKIT), SoundHound AI (SOUN), Rigetti Computing (RGTI), AEye (LIDR), and GSI Technology (GSIT) saw their stocks rise, with PBTS leading the gainers with a 150.4% increase. On the other hand, Airspan Networks Hldgs (MIMO), XIAO-I (AIXI), AgileThought (AGIL), Ebix (EBIX), Bridgeline Digital (BLIN), and One Stop Systems (OSS) experienced declines, with MIMO leading the losers with a 36.3% decrease.
August 14, 2023 | 5:31 pm
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POSITIVE IMPACT
Powerbridge Technologies' stock rose 150.4% during Monday's session, trading at a volume of 62.3 million shares, 5623.2% of its average full-day volume over the last 100 days.
The significant increase in PBTS's stock price and trading volume indicates strong investor interest, which could potentially drive the stock price even higher in the short term.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
Airspan Networks Hldgs' shares declined by 36.3% during Monday's session, trading at a volume of 7.6 million shares, 155.3% of its average full-day volume over the last 100 days.
The significant decrease in MIMO's stock price and the increase in trading volume suggest that investors are selling off their shares, which could potentially drive the stock price even lower in the short term.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100