12 Information Technology Stocks Moving In Friday's Intraday Session
Portfolio Pulse from Benzinga Insights
In Friday's intraday session, several information technology stocks experienced significant movements. Soluna Holdings (SLNHP) led the gainers with a 41.3% increase, while ARB IOT Group (ARBB) headed the losers with a 16.7% decline. Other notable gainers included MMTEC (MTC), AMTD Digital (HKD), Crexendo (CXDO), Cyngn (CYN), and MicroCloud Hologram (HOLO). On the losing side were ComSovereign Holding (COMSP), Infobird Co (IFBD), AstroNova (ALOT), Cemtrex (CETXP), and CISO Global (CISO).

November 24, 2023 | 5:30 pm
News sentiment analysis
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NEGATIVE IMPACT
AstroNova's stock decreased by 10.62% to $12.46, with a market cap of $92.5 million.
The decrease in AstroNova's stock price could signal a bearish sentiment, potentially leading to further short-term losses.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 80
NEGATIVE IMPACT
ARB IOT Group's stock fell 16.7% to $0.95, with a market cap of $25.1 million.
The decline in ARB IOT Group's stock price suggests negative sentiment that could continue to affect the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Cemtrex shares declined by 10.24% to $0.76.
Cemtrex's share price drop may indicate a negative market perception, which could lead to further short-term depreciation.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 70
NEGATIVE IMPACT
CISO Global shares declined by 8.65% to $0.13, with a market cap of $23.0 million.
The decline in CISO Global's stock price could reflect ongoing investor concerns, possibly affecting the stock negatively in the short term.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 70
NEGATIVE IMPACT
ComSovereign Holding shares decreased by 14.29% to $1.5.
The drop in ComSovereign Holding's share price could reflect a bearish outlook, possibly leading to further short-term declines.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 80
NEGATIVE IMPACT
Infobird Co's stock fell 12.5% to $1.61, with a market cap of $11.0 million.
Infobird Co's stock price decline may continue in the short term as the market reacts to the negative trend.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
Crexendo's stock increased by 19.23% to $3.1, with a market cap of $80.7 million.
Crexendo's significant stock price increase may lead to further short-term gains as investor interest grows.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 90
POSITIVE IMPACT
Cyngn's stock moved up by 18.79% to $0.26, with a market cap of $10.8 million.
Cyngn's stock price increase could indicate a bullish trend, potentially leading to further short-term appreciation.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 90
POSITIVE IMPACT
AMTD Digital's stock rose 21.1% to $4.82, with a market cap of $921.5 million.
The upward movement in AMTD Digital's stock price indicates a positive market reaction that could persist in the short term.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 90
POSITIVE IMPACT
MicroCloud Hologram's stock rose by 15.96% to $0.81, with a market cap of $41.2 million.
The rise in MicroCloud Hologram's stock price could attract more investors, leading to potential short-term gains.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 90
POSITIVE IMPACT
MMTEC shares jumped 32.62% to $1.3, with a market cap of $258.8 million.
The significant rise in MMTEC's stock price could attract more investors, potentially driving the price up in the short term.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 90
POSITIVE IMPACT
Soluna Holdings shares soared 41.3% to $2.77, indicating strong investor interest.
The substantial increase in share price suggests positive investor sentiment and could lead to continued short-term momentum.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100