Shares of technology stocks are trading higher amid a rebound following prior weakness.
Portfolio Pulse from Benzinga Newsdesk
Technology stocks are experiencing a rebound following a period of weakness. The stocks mentioned include ADBE, ICG, MLGO, PGY, VNET, and WRAP.
October 30, 2023 | 4:54 pm
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POSITIVE IMPACT
Adobe Inc. (ADBE) is among the tech stocks experiencing a rebound.
As a tech stock, Adobe Inc. is directly affected by the overall performance of the tech sector. The rebound in tech stocks suggests a positive short-term impact on ADBE's stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Intermediate Capital Group (ICG) is among the tech stocks experiencing a rebound.
As a tech stock, Intermediate Capital Group is directly affected by the overall performance of the tech sector. The rebound in tech stocks suggests a positive short-term impact on ICG's stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Mallgo Inc. (MLGO) is among the tech stocks experiencing a rebound.
As a tech stock, Mallgo Inc. is directly affected by the overall performance of the tech sector. The rebound in tech stocks suggests a positive short-term impact on MLGO's stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Pogy Inc. (PGY) is among the tech stocks experiencing a rebound.
As a tech stock, Pogy Inc. is directly affected by the overall performance of the tech sector. The rebound in tech stocks suggests a positive short-term impact on PGY's stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
21Vianet Group Inc. (VNET) is among the tech stocks experiencing a rebound.
As a tech stock, 21Vianet Group Inc. is directly affected by the overall performance of the tech sector. The rebound in tech stocks suggests a positive short-term impact on VNET's stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Wrap Technologies Inc. (WRAP) is among the tech stocks experiencing a rebound.
As a tech stock, Wrap Technologies Inc. is directly affected by the overall performance of the tech sector. The rebound in tech stocks suggests a positive short-term impact on WRAP's stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100