12 Communication Services Stocks Moving In Friday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
In Friday's pre-market session, several communication services stocks experienced significant movements. Manchester United (MANU) saw a 7.4% increase, while Society Pass (SOPA) rose 6.34% following their Q3 earnings report. System1 (SST) and Treasure Global (TGL) also gained, with TGL's Q1 earnings report being a potential factor. Conversely, Kore Group Holdings (KORE) and NFT Gaming Co (NFTG) were among the stocks that declined, with KORE dropping 9.9% and NFTG by 6.67%. Other notable decliners included LiveOne (LVO), The9 (NCTY), Hanryu Holdings (HRYU), and WiMi Hologram Cloud (WIMI).
November 17, 2023 | 1:07 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Kore Group Holdings shares declined by 9.9% to $0.63, with a market cap of $54.6 million.
The significant pre-market decline in KORE's stock price indicates negative sentiment, which could lead to further short-term downside.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
NEGATIVE IMPACT
NFT Gaming Co stock declined by 6.67% to $0.28, with a market value of $3.3 million.
NFT Gaming Co's pre-market drop suggests bearish investor sentiment, potentially leading to a short-term negative trend in the stock price.
CONFIDENCE 75
IMPORTANCE 65
RELEVANCE 85
POSITIVE IMPACT
Manchester United shares increased by 7.4% to $19.8, with a market value of $3.2 billion.
The significant pre-market increase in MANU's stock price suggests positive investor sentiment, which could lead to a short-term uptrend.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
POSITIVE IMPACT
Society Pass shares rose 6.34% to $0.28, with a market value of $8.2 million following their Q3 earnings report.
The rise in SOPA's stock price post-Q3 earnings indicates a positive reaction to the earnings report, potentially leading to short-term gains.
CONFIDENCE 75
IMPORTANCE 75
RELEVANCE 85
POSITIVE IMPACT
System1 stock moved upwards by 5.93% to $1.25, with a market value of $118.0 million.
System1's pre-market gain could attract investor attention, potentially leading to a short-term positive impact on the stock price.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
Treasure Global shares increased by 5.77% to $0.26, with a market value of $7.0 million after their Q1 earnings report.
The increase in TGL's stock price following the Q1 earnings report suggests a positive investor response, which may lead to short-term price appreciation.
CONFIDENCE 70
IMPORTANCE 65
RELEVANCE 85