12 Information Technology Stocks Moving In Thursday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
In Thursday's pre-market session, several information technology stocks saw significant movement. Gainers included Datasea (DTSS), Ascent Solar Technologies (ASTI), Iveda Solutions (IVDA), SMX (Security Matters) (SMX), Inpixon (INPX), and T Stamp (IDAI). Losers included EMCORE (EMKR), Wolfspeed (WOLF), Mercurity Fintech Holding (MFH), Cyngn (CYN), Zenvia (ZENV), and WeTrade Group (WETG).
August 17, 2023 | 1:06 pm
News sentiment analysis
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POSITIVE IMPACT
Ascent Solar Technologies' shares moved upwards by 22.02% to $0.08.
The rise in Ascent Solar Technologies' share price suggests positive market sentiment, which could drive further short-term increases.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Datasea's stock moved upwards by 46.8% to $0.8 during Thursday's pre-market session.
The significant increase in Datasea's stock price indicates positive investor sentiment, which could lead to further short-term gains.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
EMCORE's stock decreased by 34.0% to $0.5 during Thursday's pre-market session.
The significant drop in EMCORE's stock price indicates negative investor sentiment, which could lead to further short-term losses.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Wolfspeed's stock decreased by 16.97% to $44.15. The company's Q4 earnings came out yesterday.
The decrease in Wolfspeed's stock price following their Q4 earnings release suggests that the results did not meet market expectations, which could lead to further short-term losses.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100