12 Communication Services Stocks Moving In Tuesday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
In Tuesday's pre-market session, several communication services stocks experienced significant movements. Anghami (ANGH) saw a 43.7% increase, while LQR House (LQR) rose by 29.96% following their Q3 earnings report. Society Pass (SOPA) increased by 12.17%, Telecom Argentina (TEO) by 7.19%, Motorsport Games (MSGM) by 6.39%, and Hanryu Holdings (HRYU) by 6.06% after their Q3 earnings. Conversely, Mobile Global Esports (MGAM) fell by 8.6%, DouYu Intl Hldgs (DOYU) by 7.5%, Tremor Intl (TRMR) by 7.25%, Cuentas (CUEN) by 6.16% after their Q3 earnings, Cheer Holding (CHR) by 5.64%, and So-Young Intl (SY) by 5.47% following their Q3 earnings.
November 21, 2023 | 1:06 pm
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POSITIVE IMPACT
Anghami shares soared 43.7% in pre-market trading with a market cap of $59.0 million.
The significant pre-market increase in ANGH's stock price suggests strong investor interest, potentially due to positive developments not detailed in the article.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Hanryu Holdings stock increased by 6.06% to $0.54 after their Q3 earnings, with a market cap of $28.3 million.
HRYU's stock price rise following their Q3 earnings suggests a favorable investor reaction to the financial results.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 90
POSITIVE IMPACT
LQR House stock jumped 29.96% to $0.08 following their Q3 earnings report, with a market cap of $16.1 million.
The rise in LQR's stock price shortly after their Q3 earnings report indicates a positive market reaction to the financial results.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90
POSITIVE IMPACT
Motorsport Games stock rose 6.39% to $2.58, with a market cap of $7.0 million.
The increase in MSGM's stock price indicates a positive investor response, but the article lacks specific triggers for the movement.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
Society Pass shares increased by 12.17% to $0.27 with a market cap of $7.8 million.
SOPA's stock price rise indicates investor interest, although the article does not specify the reason for the increase.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
Telecom Argentina stock moved upwards by 7.19% to $7.0, with a market cap of $3.0 billion.
TEO's stock price increase suggests positive sentiment among investors, though the article does not provide specific reasons.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 80
NEGATIVE IMPACT
Cheer Holding shares fell 5.64% to $0.35, with a market cap of $35.3 million.
CHR's stock price decline suggests a lack of investor confidence, but the article does not explain the reasons behind the drop.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 80
NEGATIVE IMPACT
Cuentas stock decreased by 6.16% to $1.22 after their Q3 earnings, with a market cap of $2.5 million.
The decline in CUEN's stock price following their Q3 earnings indicates a negative market response to the financial results.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 90
NEGATIVE IMPACT
DouYu Intl Hldgs shares declined by 7.5% to $0.89, with a market cap of $284.6 million.
The decrease in DOYU's stock price suggests a negative market reaction, but the article does not provide specific reasons for the decline.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 80
NEGATIVE IMPACT
Mobile Global Esports shares fell by 8.6% to $0.32, with a market cap of $6.5 million.
MGAM's stock price decline indicates negative investor sentiment, although the article does not detail the reasons for the drop.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 80
NEGATIVE IMPACT
So-Young Intl stock decreased by 5.47% to $1.21 following their Q3 earnings, with a market cap of $119.1 million.
SY's stock price drop after their Q3 earnings suggests that the financial results did not meet market expectations.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 90
NEGATIVE IMPACT
Tremor Intl stock declined by 7.25% to $3.38, with a market cap of $244.2 million.
TRMR's stock price drop indicates negative investor sentiment, though the article does not mention specific catalysts for the movement.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 80