12 Information Technology Stocks Moving In Wednesday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
In Wednesday's pre-market session, several IT stocks showed significant movement. AgileThought (AGIL) saw a substantial increase of 64.6%, while Edgio (EGIO) and DatChat (DATS) also experienced notable gains. Conversely, Meta Materials (MMAT), Powerbridge Technologies (PBTS), and Autodesk (ADSK) were among the stocks that declined, with Autodesk's drop following its Q3 earnings release.
November 22, 2023 | 1:06 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Autodesk's stock fell 6.86% to $202.75 following its Q3 earnings release, with a market cap of $43.3 billion.
The drop in ADSK stock post-Q3 earnings suggests a negative market reaction to the earnings report, which could lead to a short-term downward trend.
CONFIDENCE 90
IMPORTANCE 95
RELEVANCE 100
NEGATIVE IMPACT
Meta Materials shares fell by 8.9% to $0.08, with a market value of $39.5 million for outstanding shares.
The decline in MMAT shares could indicate negative market reaction, possibly leading to further short-term depreciation.
CONFIDENCE 80
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
Powerbridge Technologies stock decreased by 8.5% to $0.54, with a market value of $2.5 million for outstanding shares.
The pre-market decline for PBTS may reflect investor concerns, potentially leading to further short-term negative performance.
CONFIDENCE 75
IMPORTANCE 75
RELEVANCE 85
POSITIVE IMPACT
AgileThought's stock surged 64.6% in pre-market trading with a market value of $7.1 million for outstanding shares.
The significant pre-market gain for AGIL indicates strong investor interest, which could lead to continued upward momentum in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
DatChat shares increased by 14.4% to $2.0, with their market value at $4.2 million.
The upward movement in DATS shares could attract more investors, potentially leading to a short-term uptrend.
CONFIDENCE 75
IMPORTANCE 75
RELEVANCE 85
POSITIVE IMPACT
Edgio's stock rose 19.46% to $0.62 with a market cap of $139.9 million.
The pre-market increase for EGIO suggests positive sentiment that could potentially lead to further short-term gains.
CONFIDENCE 80
IMPORTANCE 80
RELEVANCE 90