12 Communication Services Stocks Moving In Wednesday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
In Wednesday's pre-market session, several communication services stocks experienced significant movements. Super League Enterprise (SLE), Asset Entities (ASST), and Treasure Global (TGL) were among the gainers after releasing their earnings reports, with increases of 20.4%, 16.19%, and 14.81% respectively. Conversely, Kubient (KBNT), Fluent (FLNT), and NextPlat (NXPL) were among the losers post-earnings, with declines of 30.6%, 17.64%, and 12.69% respectively.
November 15, 2023 | 1:06 pm
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POSITIVE IMPACT
Asset Entities' shares increased by 16.19% to $0.39 following their Q3 earnings announcement.
Asset Entities' stock price movement is likely a result of their recent Q3 earnings release, indicating a positive short-term outlook.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Super League Enterprise's stock rose 20.4% to $1.59 after their Q3 earnings report.
The significant pre-market increase in SLE's stock price is likely due to positive reception of their Q3 earnings report, suggesting a short-term bullish impact.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Treasure Global's stock increased by 14.81% to $0.31 after releasing Q1 earnings.
The positive movement in TGL's stock price can be attributed to the market's favorable response to their Q1 earnings, suggesting a short-term positive impact.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
Fluent's stock declined by 17.64% to $0.48 after their Q3 earnings were released.
The decline in FLNT's stock price is a direct reaction to their Q3 earnings report, suggesting a negative short-term impact on the stock.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
Kubient's shares fell by 30.6% to $0.1 in the pre-market session.
Kubient's significant stock price drop in the pre-market is likely due to negative investor sentiment following their earnings report, indicating a short-term bearish impact.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
NextPlat's shares dropped by 12.69% to $1.79 following their Q3 earnings announcement.
NextPlat's stock price decrease is likely due to investor disappointment with their Q3 earnings, pointing to a short-term negative impact.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90