12 Information Technology Stocks Moving In Friday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
Several information technology stocks showed significant movement in Friday's pre-market session. Notable gainers included Verb Tech, Smartsheet, Greenidge Generation Hldg, My Size, Lantronix, and Cepton. On the other hand, Arqit Quantum, Sigma Additive Solutions, Actelis Networks, Hitek Global, UTime, and Inpixon experienced losses.
September 08, 2023 | 1:06 pm
News sentiment analysis
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NEGATIVE IMPACT
Arqit Quantum shares decreased by 27.1% to $0.7 during Friday's pre-market session.
The significant pre-market decrease in Arqit Quantum's share price indicates negative investor sentiment, which could lead to further short-term losses.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Smartsheet stock moved upwards by 11.16% to $44.87. The company's Q2 earnings came out yesterday.
Smartsheet's stock price increase is likely due to positive Q2 earnings, which typically boost investor confidence and can lead to short-term price increases.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100
POSITIVE IMPACT
Verb Tech shares rose 15.0% to $1.92 during Friday's pre-market session.
The significant pre-market increase in Verb Tech's share price indicates positive investor sentiment, which could lead to further short-term gains.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100