10 Information Technology Stocks Moving In Tuesday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
In Tuesday's pre-market session, several information technology stocks saw significant movement. Borqs Technologies, Fabrinet, Infobird Co, Rubicon Technologies, Hitek Global, and Telos saw gains, while Tingo Group, MicroCloud Hologram, Inpixon, and NOVONIX experienced losses.
August 22, 2023 | 1:06 pm
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POSITIVE IMPACT
Borqs Technologies shares increased by 27.8% to $0.2 during Tuesday's pre-market session.
The significant increase in Borqs Technologies' share price indicates positive investor sentiment, which could lead to further short-term gains.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Fabrinet stock rose 22.35% to $142.89. The company's Q4 earnings were released yesterday.
The rise in Fabrinet's stock price following its Q4 earnings release suggests that the results were well-received by investors, potentially leading to further short-term gains.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
MicroCloud Hologram shares decreased by 7.58% to $4.15.
The decrease in MicroCloud Hologram's share price indicates negative investor sentiment, which could lead to further short-term losses.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100
NEGATIVE IMPACT
Tingo Group stock fell 30.9% to $0.82 during Tuesday's pre-market session.
The significant drop in Tingo Group's stock price indicates negative investor sentiment, which could lead to further short-term losses.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100