12 Communication Services Stocks Moving In Friday's Intraday Session
Portfolio Pulse from Benzinga Insights
In Friday's intraday session, several communication services stocks experienced significant movements. iClick Interactive Asia (ICLK) led the gainers with a 26.3% increase, while LQR House (LQR) saw the largest decline among the losers, dropping 24.2%. Other notable movers included MoneyHero (MNY), Innovid (CTV), and MediaCo Holding (MDIA) with substantial gains, and GDEV, Cuentas (CUEN), and GD Culture Group (GDC) with notable losses. Market capitalizations were also highlighted, with Cuentas recently releasing Q3 earnings.
November 24, 2023 | 5:31 pm
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NEGATIVE IMPACT
Cuentas shares fell by 13.05% to $1.2, with a market cap of $3.2 million. The company recently reported Q3 earnings.
The decline following the Q3 earnings report could indicate investor disappointment or concerns, potentially leading to further short-term declines.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
GDEV's stock decreased by 14.49% to $2.48, with a market cap of $489.5 million.
The drop in stock price suggests negative market sentiment, which could continue to affect the stock in the short term.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
LQR House's stock plummeted by 24.2% to $0.03, with a market cap of $6.2 million.
The sharp decline in stock price could reflect underlying issues or negative sentiment, likely leading to further short-term downside.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Innovid's stock climbed 16.28% to $1.53, with a market cap of $215.7 million.
The stock's upward movement suggests positive investor sentiment, which may persist in the short term.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
iClick Interactive Asia's stock surged 26.3% to $3.79, with a market cap of $37.9 million.
The substantial increase in stock price indicates strong investor interest, which could lead to continued short-term momentum.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
MoneyHero's shares increased by 17.82% to $2.38, with a market cap of $91.6 million.
The significant rise in share price could attract more investor attention, potentially leading to further short-term gains.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100