12 Communication Services Stocks Moving In Tuesday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
Several communication services stocks experienced significant movement in Tuesday's pre-market session. Globalstar (GSAT), Treasure Global (TGL), NFT Gaming Co (NFTG), Grom Social Enterprises (GROM), GRAVITY Co (GRVY), and Kanzhun (BZ) saw gains, with Globalstar leading with a 21.7% increase. On the other hand, MultiMetaVerse Holdings (MMV), Direct Digital Holdings (DRCT), LiveOne (LVO), Cineverse (CNVS), Takung Art (TKAT), and Oriental Culture Holding (OCG) experienced losses, with MultiMetaVerse Holdings leading the decline with a 19.2% decrease.
August 29, 2023 | 1:06 pm
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POSITIVE IMPACT
Kanzhun stock increased by 7.88% in Tuesday's pre-market session following the release of Q2 earnings.
The release of Q2 earnings and the subsequent increase in Kanzhun's stock price suggests positive investor reaction to the earnings report, which could drive further short-term gains.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Globalstar stock rose by 21.7% in Tuesday's pre-market session.
The significant increase in Globalstar's stock price indicates positive investor sentiment, which could lead to further short-term gains.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
MultiMetaVerse Holdings stock fell by 19.2% in Tuesday's pre-market session.
The significant decrease in MultiMetaVerse Holdings' stock price indicates negative investor sentiment, which could lead to further short-term losses.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100