12 Information Technology Stocks Moving In Friday's Intraday Session
Portfolio Pulse from Benzinga Insights
Several Information Technology stocks experienced significant movement during Friday's intraday session. MicroCloud Hologram, Neonode, Knowles, Akoustis Technologies, Gartner, and DigitalOcean Holdings saw gains, with Knowles, Gartner, and DigitalOcean Holdings reporting Q3 earnings. In contrast, Inseego, BILL Holdings, Fortinet, Ubiquiti, Ostin Technology Group, and My Size saw losses, with Inseego, BILL Holdings, and Fortinet reporting Q3 or Q1 earnings.
November 03, 2023 | 5:30 pm
News sentiment analysis
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BILL Holdings shares declined by 25.66% to $66.52. The market value of their outstanding shares is at $7.1 billion. The Q1 earnings report came out yesterday.
The significant drop in BILL Holdings' share price, combined with the recent release of their Q1 earnings report, suggests negative market sentiment and potential for further short-term losses.
CONFIDENCE 95
IMPORTANCE 85
RELEVANCE 100
NEGATIVE IMPACT
Fortinet shares decreased by 14.39% to $49.3. The company's market cap stands at $38.7 billion. The Q3 earnings report came out yesterday.
The significant drop in Fortinet's share price, combined with the recent release of their Q3 earnings report, suggests negative market sentiment and potential for further short-term losses.
CONFIDENCE 95
IMPORTANCE 85
RELEVANCE 100
NEGATIVE IMPACT
Inseego shares fell 31.3% to $0.36 during Friday's session. The market value of their outstanding shares is at $41.8 million. The Q3 earnings came out yesterday.
The significant drop in Inseego's share price, combined with the recent release of their Q3 earnings report, suggests negative market sentiment and potential for further short-term losses.
CONFIDENCE 95
IMPORTANCE 85
RELEVANCE 100
NEGATIVE IMPACT
My Size stock decreased by 10.83% to $0.86. The company's market cap stands at $3.8 million.
The significant drop in My Size's share price indicates negative market sentiment, which could lead to further short-term losses.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Ostin Technology Group shares declined by 10.86% to $0.72. The market value of their outstanding shares is at $10.0 million.
The significant drop in Ostin Technology Group's share price indicates negative market sentiment, which could lead to further short-term losses.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Ubiquiti stock fell 11.91% to $109.79. The market value of their outstanding shares is at $6.6 billion.
The significant drop in Ubiquiti's share price indicates negative market sentiment, which could lead to further short-term losses.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Akoustis Technologies shares moved upwards by 17.44% to $0.64. The company's market cap stands at $46.6 million.
The significant rise in Akoustis Technologies' share price indicates positive market sentiment, which could lead to further short-term gains.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
DigitalOcean Holdings shares increased by 16.53% to $24.74. The company's market cap stands at $2.1 billion. The Q3 earnings came out yesterday.
The rise in DigitalOcean Holdings' share price, combined with the recent release of their Q3 earnings report, suggests positive market sentiment and potential for further short-term gains.
CONFIDENCE 95
IMPORTANCE 85
RELEVANCE 100
POSITIVE IMPACT
MicroCloud Hologram shares rose 27.1% to $0.75 during Friday's session. The market value of their outstanding shares is at $38.1 million.
The significant rise in MicroCloud Hologram's share price indicates positive market sentiment, which could lead to further short-term gains.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Gartner shares moved upwards by 16.57% to $393.53. The market value of their outstanding shares is at $31.0 billion. The Q3 earnings report came out today.
The rise in Gartner's share price, combined with the release of their Q3 earnings report, suggests positive market sentiment and potential for further short-term gains.
CONFIDENCE 95
IMPORTANCE 85
RELEVANCE 100
POSITIVE IMPACT
Knowles shares rose 17.83% to $15.92. The market value of their outstanding shares is at $1.4 billion. The Q3 earnings report came out yesterday.
The rise in Knowles' share price, combined with the recent release of their Q3 earnings report, suggests positive market sentiment and potential for further short-term gains.
CONFIDENCE 95
IMPORTANCE 85
RELEVANCE 100
POSITIVE IMPACT
Neonode stock moved upwards by 19.32% to $1.42. The market value of their outstanding shares is at $21.8 million.
The significant rise in Neonode's share price indicates positive market sentiment, which could lead to further short-term gains.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100