12 Communication Services Stocks Moving In Wednesday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
Several communication services stocks showed significant movement in Wednesday's pre-market session. Notable gainers included Roblox, Taboola.com, Turkcell Iletisim, Take-Two Interactive, GDEV, and Mobile Global Esports. On the other hand, LQR House, Gray Television, Cardlytics, Bumble, Troika Media Group, and FaZe Hldgs experienced losses. Most of these movements were associated with the release of Q3 earnings reports.
November 08, 2023 | 1:06 pm
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NEGATIVE IMPACT
Gray Television's stock decreased by 9.14% in the pre-market session following the release of its Q3 earnings report.
The release of a company's earnings report often has a significant impact on its stock price. In this case, the market has reacted negatively to Gray Television's Q3 earnings, leading to a decrease in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
LQR House's stock fell 18.9% in the pre-market session.
The article does not provide a specific reason for the decrease in LQR House's stock price. However, such a significant drop suggests that the market has reacted negatively to some recent news or events related to the company.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Roblox's stock increased by 11.3% in the pre-market session following the release of its Q3 earnings report.
The release of a company's earnings report often has a significant impact on its stock price. In this case, the market has reacted positively to Roblox's Q3 earnings, leading to an increase in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Taboola.com's shares increased by 10.34% in the pre-market session following the release of its Q3 earnings report.
The release of a company's earnings report often has a significant impact on its stock price. In this case, the market has reacted positively to Taboola.com's Q3 earnings, leading to an increase in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100