12 Information Technology Stocks Moving In Thursday's Intraday Session
Portfolio Pulse from Benzinga Insights
During Thursday's intraday session, several information technology stocks experienced significant movements. T Stamp, SatixFy Communications, WM Tech, Cemtrex, My Size, and BK Technologies saw gains, while Hitek Global, EMCORE, WeTrade Group, Wolfspeed, Infobird Co, and Tucows experienced losses. Trading volumes for most of these stocks were significantly higher than their average full-day volumes over the last 100 days.
August 17, 2023 | 5:31 pm
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NEGATIVE IMPACT
EMCORE's stock decreased by 36.37% to $0.48 during Thursday's regular session.
The decline in EMCORE's stock price may be due to negative market sentiment or recent company developments.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Hitek Global's stock declined by 39.3% to $10.69 during Thursday's regular session.
The decline in Hitek Global's stock price may be due to negative market sentiment or recent company developments.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Infobird Co's stock declined by 11.74% to $0.32 during Thursday's regular session.
The decline in Infobird Co's stock price may be due to negative market sentiment or recent company developments.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Tucows' shares fell 10.65% to $19.14 during Thursday's regular session.
The decline in Tucows' stock price may be due to negative market sentiment or recent company developments.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
WeTrade Group's stock declined by 16.91% to $8.9 during Thursday's regular session.
The decline in WeTrade Group's stock price may be due to negative market sentiment or recent company developments.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Wolfspeed's shares decreased by 16.46% to $44.42 during Thursday's regular session. The company's Q4 earnings were released yesterday.
The decline in Wolfspeed's stock price can be attributed to the recent release of its Q4 earnings, which likely did not meet market expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
BK Technologies' stock rose 11.73% to $10.0 during Thursday's regular session.
The rise in BK Technologies' stock price may be due to positive market sentiment or recent company developments.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Cemtrex's shares moved upwards by 12.92% to $5.33 during Thursday's regular session.
The rise in Cemtrex's stock price may be due to positive market sentiment or recent company developments.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
T Stamp's stock moved upwards by 27.7% to $3.18 during Thursday's regular session. The company's Q2 earnings were released 3 days ago.
The rise in T Stamp's stock 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
WM Tech's shares moved upwards by 14.5% to $1.15 during Thursday's regular session.
The rise in WM Tech's stock price may be due to positive market sentiment or recent company developments.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
My Size's shares rose 11.92% to $1.59 during Thursday's regular session. The company's Q2 earnings report was released 3 days ago.
The rise in My Size's stock 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
SatixFy Communications' shares rose 23.68% to $0.37 during Thursday's regular session.
The rise in SatixFy Communications' stock price may be due to positive market sentiment or recent company developments.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100