12 Information Technology Stocks Moving In Thursday's After-Market Session
Portfolio Pulse from Benzinga Insights
In Thursday's after-market session, several IT stocks experienced significant movements. MMTEC's shares surged by 46.9% following its H1 earnings report released 4 days ago. Cyngn, Vislink Technologies, Sigma Additive Solutions, SMX, and Presto Automation also saw gains. Conversely, AgileThought's stock plummeted by 26.4%, with AuthID, Oblong, ICZOOM Group, Wrap Technologies, and SPI Energy also recording losses. Presto Automation's Q1 earnings report was released 3 days ago, and SPI Energy's Q3 earnings were announced 2 days ago.

November 23, 2023 | 9:30 pm
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POSITIVE IMPACT
Cyngn's shares increased by 9.64% to $0.24, indicating a positive market response.
Cyngn's stock price increase suggests investor confidence, although the reason behind the movement is not specified in the news.
CONFIDENCE 70
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
MMTEC's stock surged by 46.9% to $1.44 after its H1 earnings report, indicating positive investor sentiment.
The significant increase in MMTEC's stock price is likely due to positive investor reaction to the H1 earnings report released 4 days ago, suggesting strong financial performance.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Presto Automation's stock increased by 6.26% to $0.62 following its Q1 earnings report 3 days ago.
The increase in Presto Automation's stock price is likely a result of positive investor reaction to the Q1 earnings report released 3 days ago.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 90
POSITIVE IMPACT
Sigma Additive Solutions' shares rose 7.06% to $3.03, indicating a bullish trend.
Sigma Additive Solutions' stock price increase suggests a favorable investor outlook, though specific catalysts are not mentioned.
CONFIDENCE 70
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
SMX's stock rose 7.0% to $1.07, reflecting potential investor optimism.
The rise in SMX's stock price could be due to investor optimism, but the article does not provide specific reasons for the increase.
CONFIDENCE 70
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Vislink Technologies' stock rose 7.81% to $4.0, potentially due to favorable market conditions.
The increase in Vislink Technologies' stock price may reflect positive investor sentiment or response to market dynamics.
CONFIDENCE 70
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
AgileThought's stock declined by 26.4% to $0.14, reflecting negative market reaction.
The sharp decline in AgileThought's stock price suggests a strong negative market reaction, potentially due to recent company performance or market conditions.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100
NEGATIVE IMPACT
AuthID's stock decreased by 5.77% to $7.52, suggesting bearish market sentiment.
AuthID's stock price decline may indicate negative investor sentiment or reaction to broader market trends.
CONFIDENCE 70
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
ICZOOM Group's stock declined by 4.95% to $12.5, indicating a downturn in investor sentiment.
ICZOOM Group's stock price decrease may reflect negative market sentiment or investor response to recent company developments.
CONFIDENCE 70
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Oblong's shares decreased by 5.43% to $0.2, pointing to negative investor reaction.
The drop in Oblong's stock price suggests a lack of investor confidence, although the specific cause is not detailed in the article.
CONFIDENCE 70
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
SPI Energy's stock decreased by 4.22% to $0.66 following its Q3 earnings release 2 days ago.
The decrease in SPI Energy's stock price is likely due to a negative investor response to the Q3 earnings report released 2 days ago.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 90
NEGATIVE IMPACT
Wrap Technologies' shares fell 4.32% to $2.44, possibly due to adverse market reactions.
The decline in Wrap Technologies' stock price could be attributed to negative investor sentiment, though the article does not specify the reasons.
CONFIDENCE 70
IMPORTANCE 70
RELEVANCE 80