12 Information Technology Stocks Moving In Monday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
In Monday's pre-market session, several IT stocks showed significant movement. Peraso, MMTEC, Cyngn, GSI Technology, HeartCore Enterprises, and ComSovereign Holding were gainers, with Peraso, Cyngn, and OMNIQ releasing Q3 earnings reports. Auddia, Gorilla Tech Gr, Bit Origin, Aurora Mobile, MicroAlgo, and OMNIQ were among the losers.
November 13, 2023 | 1:06 pm
News sentiment analysis
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NEGATIVE IMPACT
Auddia's stock fell 14.2% to $0.16 in pre-market trading, with a market cap of $3.2 million.
Auddia's stock decline in pre-market trading could indicate investor concerns or negative market reactions, although the specific reason wasn't mentioned.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Bit Origin's stock decreased by 7.63% to $2.06, with a market cap of $6.9 million.
Bit Origin's stock price decline may reflect investor caution or a negative response to market conditions, as no specific catalyst was mentioned.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Gorilla Tech Gr shares decreased by 7.95% to $0.77, with a market cap of $53.1 million.
The drop in Gorilla Tech Gr's stock price suggests a negative market sentiment or investor reaction, despite the lack of specific news.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Aurora Mobile's stock fell by 7.3% to $0.1, with a market cap of $12.3 million.
The decline in Aurora Mobile's stock price could be due to investor sell-off or bearish market trends, absent specific news.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
MicroAlgo shares dropped by 6.69% to $3.07, with a market cap of $134.6 million.
MicroAlgo's stock price decrease suggests a negative trend or investor skepticism, though no specific news was provided.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
OMNIQ shares fell 6.15% to $0.46 in pre-market trading after releasing their Q3 earnings report.
OMNIQ's stock price drop is likely due to a negative reception of their Q3 earnings report, indicating investor disappointment or concerns.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
ComSovereign Holding shares increased by 9.41% to $0.98, with a market cap of $2.6 million.
ComSovereign Holding's stock price rise could be influenced by general market conditions or investor sentiment, as no news was directly linked to the movement.
CONFIDENCE 65
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
Cyngn's stock moved up by 11.56% to $0.19 following their Q3 earnings report released three days ago.
Cyngn's stock is likely experiencing continued positive momentum from its Q3 earnings report, suggesting sustained investor interest.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
GSI Technology shares increased by 10.13% to $2.37, with a market cap of $59.7 million.
The rise in GSI Technology's shares may be attributed to general market movements or investor trading strategies, as no specific catalyst was mentioned.
CONFIDENCE 65
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
HeartCore Enterprises' stock rose by 9.45% to $0.46, with a market cap of $9.5 million.
The increase in HeartCore Enterprises' stock price may be due to market trends or investor expectations, absent specific news.
CONFIDENCE 65
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
MMTEC shares rose 17.82% to $1.19, with a market cap of $236.9 million, though no specific news was mentioned.
MMTEC's stock price increase may be driven by market speculation or momentum, as no direct news was provided to justify the rise.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 70
POSITIVE IMPACT
Peraso's stock increased by 32.4% to $0.28 in pre-market trading after releasing their Q3 earnings report.
The significant pre-market increase in Peraso's stock price is likely due to a positive reception of their Q3 earnings report, indicating investor optimism.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100