12 Information Technology Stocks Moving In Friday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
Several IT stocks showed significant movement in Friday's pre-market session. DigitalOcean Holdings (DOCN), Research Frontiers (REFR), CalAmp (CAMP), Sprout Social (SPT), eGain (EGAN), and Mawson Infra Gr (MIGI) saw gains, with DOCN leading with a 27.2% increase. On the other hand, Inseego (INSG), BILL Holdings (BILL), Fortinet (FTNT), Ubiquiti (UI), WaveDancer (WAVD), and My Size (MYSZ) experienced losses, with INSG falling by 29.5%. Most of these movements were influenced by the release of Q3 earnings reports.
November 03, 2023 | 1:05 pm
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POSITIVE IMPACT
DigitalOcean Holdings' stock rose 27.2% following the release of their Q3 earnings report.
The significant rise in DigitalOcean Holdings' stock price can be attributed to the release of their Q3 earnings report, which likely exceeded market expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Inseego's shares fell 29.5% during the pre-market session following the release of their Q3 earnings report.
The significant drop in Inseego's stock price can be attributed to the release of their Q3 earnings report, which likely did not meet market expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100