12 Information Technology Stocks Moving In Friday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
Several information technology stocks experienced significant movement in Friday's pre-market session. ICZOOM Group, NOVONIX, Datasea, Model N, eGain, and Intrusion saw gains, while MMTEC, PowerFleet, Ostin Technology Group, GSE Systems, Mobilicom, and LightPath Technologies experienced losses. eGain and LightPath Technologies released their Q4 earnings reports yesterday.
September 15, 2023 | 1:05 pm
News sentiment analysis
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POSITIVE IMPACT
eGain's shares rose 9.69% to $6.9 after the Q4 earnings report came out yesterday.
The rise in eGain's share price following its Q4 earnings report suggests the market responded positively to the company's financial results, which could lead to further short-term gains.
CONFIDENCE 95
IMPORTANCE 85
RELEVANCE 100
POSITIVE IMPACT
ICZOOM Group's stock increased by 18.7% to $10.71 during Friday's pre-market session.
The significant increase in ICZOOM Group's stock price indicates positive market sentiment, which could lead to further short-term gains.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
NOVONIX's shares moved upwards by 18.27% to $2.2.
The significant increase in NOVONIX's share price indicates positive market sentiment, which could lead to further short-term gains.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
LightPath Technologies' stock declined by 5.72% to $1.65 after the company's Q4 earnings came out yesterday.
The decline in LightPath Technologies' stock price following its Q4 earnings report suggests the market responded negatively to the company's financial results, which could lead to further short-term losses.
CONFIDENCE 95
IMPORTANCE 85
RELEVANCE 100
NEGATIVE IMPACT
MMTEC's stock decreased by 13.3% to $0.39 during Friday's pre-market session.
The significant decrease in MMTEC's stock price indicates negative market sentiment, which could lead to further short-term losses.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
PowerFleet's stock declined by 10.32% to $2.0.
The significant decrease in PowerFleet's stock price indicates negative market sentiment, which could lead to further short-term losses.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100