12 Information Technology Stocks Moving In Friday's After-Market Session
Portfolio Pulse from Benzinga Insights
In Friday's after-market session, several information technology stocks saw significant movement. Argo Blockchain, Palo Alto Networks, Infobird Co, SpringBig Holdings, NextNav, and Rekor Systems were among the gainers, with increases ranging from 4.14% to 13.2%. On the other hand, NAPCO Security Techs, Sigma Additive Solutions, Soluna Holdings, SatixFy Communications, Cemtrex, and WeTrade Group experienced declines, with decreases ranging from 5.41% to 28.4%.
August 18, 2023 | 9:32 pm
News sentiment analysis
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NEGATIVE IMPACT
NAPCO Security Techs shares declined by 28.4% to $27.5 during Friday's after-market session. The company's market cap stands at $1.0 billion.
The significant drop in NAPCO Security Techs' stock price indicates negative investor sentiment, which could lead to further short-term losses.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Sigma Additive Solutions stock fell 16.49% to $0.24. The market value of their outstanding shares is at $2.6 million. The Q2 earnings report was released 4 days ago.
The release of Q2 earnings and the subsequent fall in stock price suggest negative investor response, which could drive further short-term losses.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Argo Blockchain stock rose 13.2% to $1.2 during Friday's after-market session. The company's market cap stands at $64.2 million.
The significant increase in Argo Blockchain's stock price indicates positive investor sentiment, which could lead to further short-term gains.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Palo Alto Networks shares moved upwards by 8.08% to $226.64. The market value of their outstanding shares is at $69.3 billion. Q4 earnings were released.
The release of Q4 earnings and the subsequent rise in stock price suggest positive investor response, which could drive further short-term gains.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100