12 Information Technology Stocks Moving In Monday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
Several IT stocks showed significant movement in Monday's pre-market session. Notable gainers included Taoping (NASDAQ:TAOP), Dell Technologies (NYSE:DELL), Nutanix (NASDAQ:NTNX), ZeroFox Holdings (NASDAQ:ZFOX), Auddia (NASDAQ:AUUD), and Remark Hldgs (NASDAQ:MARK). On the other hand, Tingo Group (NASDAQ:TIO), PagerDuty (NYSE:PD), SatixFy Communications (AMEX:SATX), DatChat (NASDAQ:DATS), SMX (Security Matters) (NASDAQ:SMX), and Sigma Additive Solutions (NASDAQ:SASI) experienced declines.
September 04, 2023 | 1:05 pm
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POSITIVE IMPACT
Dell Technologies stock increased by 13.99% to $64.11 after Q2 earnings release.
The increase in DELL's stock price is likely due to the release of their Q2 earnings, which may have been positive and exceeded market expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Nutanix shares moved upwards by 13.56% to $35.32 after Q4 earnings release.
The upward movement in NTNX's share price is likely due to the release of their Q4 earnings, which may have been positive and exceeded market expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Taoping stock rose 136.6% to $5.3 during Monday's pre-market session after H1 earnings release.
The significant rise in TAOP's stock price is likely due to the release of their H1 earnings, which may have exceeded market expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
PagerDuty shares fell 13.01% to $22.41 after Q2 earnings report.
The fall in PD's share price is likely due to the release of their Q2 earnings report, which may have been negative and not met market expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Tingo Group shares declined by 16.3% to $1.08 after Q2 earnings report.
The decline in TIO's share price is likely due to the release of their Q2 earnings report, which may have been negative and not met market expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100