11 Communication Services Stocks Moving In Monday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
In Monday's pre-market session, several communication services stocks experienced significant movements. Gainers included Asset Entities, Mobiquity Technologies, Telecom Argentina, DHI Group, LiveOne, and Salem Media Group with increases ranging from 6.86% to 50.3%. Conversely, Cuentas, LQR House, Anghami, Gamer Pakistan, and Chicken Soup for the Soul saw their shares decline between 4.2% and 7.4%.
November 27, 2023 | 1:07 pm
News sentiment analysis
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NEGATIVE IMPACT
Anghami stock fell 6.05% to $2.64, with a market cap of $68.6 million.
The pre-market decline may reflect investor concerns, possibly leading to further short-term downward pressure.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Chicken Soup for the Soul stock declined by 4.2% to $0.29, with a market value of $9.1 million.
The pre-market drop suggests a lack of investor confidence, which may result in further short-term declines.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 100
NEGATIVE IMPACT
Cuentas shares decreased by 7.4% to $1.13 in pre-market trading, with a market cap of $3.0 million.
The pre-market decline suggests negative sentiment that could continue to affect the stock in the short term.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Gamer Pakistan stock decreased by 4.23% to $0.67, with a market cap of $17.1 million.
The pre-market decline could be a sign of negative market sentiment, potentially leading to more losses.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 100
NEGATIVE IMPACT
LQR House shares decreased by 6.69% to $0.03, with a market value of $6.0 million.
A drop in pre-market trading could indicate bearish sentiment, potentially leading to further declines.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 100
POSITIVE IMPACT
Asset Entities shares surged 50.3% to $0.5 in pre-market trading with a market cap of $6.9 million.
A 50.3% increase in pre-market trading suggests a strong positive sentiment which could lead to further short-term gains.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
DHI Group's stock rose 7.03% to $2.74, with a market cap of $128.2 million.
The pre-market gain suggests investor confidence, which may lead to further short-term increases.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
LiveOne stock moved upwards by 6.93% to $1.08, with a market value of $94.6 million.
The pre-market rise could indicate a positive trend that may persist in the short term.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Mobiquity Technologies' stock rose 41.57% to $0.63, with a market value of $1.7 million.
The substantial pre-market rise indicates strong investor interest, potentially leading to further short-term appreciation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Salem Media Group stock increased by 6.86% to $0.64, with a market cap of $17.4 million.
The increase in pre-market trading could reflect positive investor sentiment, potentially leading to more gains.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Telecom Argentina shares increased by 7.88% to $8.35, with a market cap of $3.5 billion.
A 7.88% increase is significant, suggesting potential for continued short-term growth.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100