12 Information Technology Stocks Moving In Thursday's Intraday Session
Portfolio Pulse from Benzinga Insights
In Thursday's intraday session, several information technology stocks experienced significant movements. Minim (MINM) saw a dramatic increase of 572.4% to $6.12, while SemiLEDs (LEDS), Strong Global (SGE), Powerbridge Technologies (PBTS), Nortech Systems (NSYS), and BIO-key Intl (BKYI) also posted gains. Conversely, Nvni Group (NVNI), Pure Storage (PSTG), FOXO Technologies (FOXO), SEALSQ (LAES), Fastly (FSLY), and QuickLogic (QUIK) experienced declines, with PSTG notably dropping after its Q3 earnings release.
November 30, 2023 | 5:30 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
FOXO Technologies shares dropped 11.91% to $0.28, with a market cap of $1.7 million.
The drop in FOXO Technologies' stock price could lead to short-term bearish sentiment among investors, potentially resulting in further decreases as the market reacts to the negative trend.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Fastly shares declined by 10.03% to $16.7, with a market cap of $2.1 billion.
The decline in Fastly's stock price suggests a negative market reaction to recent developments, which could lead to short-term bearish sentiment and further downward pressure on the stock.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
SEALSQ shares fell by 11.15% to $1.1, with a market cap of $9.9 million.
The decrease in SEALSQ's stock price may lead to short-term bearish sentiment among investors, potentially resulting in further decreases as the market reacts to the negative trend.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Nvni Group shares fell by 14.5% to $2.0, with a market cap of $55.4 million.
The decline in Nvni Group's stock price may lead to short-term bearish sentiment among investors, potentially resulting in further decreases as the market reacts to the negative trend.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Pure Storage shares fell 13.04% to $32.98 following the release of their Q3 earnings.
The decline in Pure Storage's stock price suggests a negative investor response to the Q3 earnings report, which could lead to short-term bearish sentiment and further downward pressure on the stock.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100
NEGATIVE IMPACT
QuickLogic shares decreased by 9.82% to $11.68, with a market cap of $162.5 million.
The decrease in QuickLogic's stock price may lead to short-term bearish sentiment among investors, potentially resulting in further decreases as the market reacts to the negative trend.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
BIO-key Intl stock rose by 14.84% to $0.2, with a market cap of $2.6 million.
The increase in BIO-key Intl's stock price could lead to short-term interest from investors, potentially resulting in further price increases as the market capitalizes on the momentum.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
SemiLEDs stock increased by 22.0% to $1.33, with a market cap of $6.5 million.
SemiLEDs' significant stock price increase could attract more investor interest in the short term, potentially leading to further gains as the market responds to the positive momentum.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Minim shares soared 572.4% to $6.12, with a market cap of $11.6 million.
The extraordinary rise in Minim's stock price is likely to continue attracting investor attention in the short term, potentially leading to further gains as traders capitalize on the momentum.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Nortech Systems shares increased by 15.35% to $9.69, with a market cap of $26.5 million.
Nortech Systems' stock price gain may attract additional investor interest in the short term, potentially leading to further increases as the market responds to the positive movement.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Powerbridge Technologies shares increased by 15.74% to $0.81, with a market cap of $3.7 million.
The rise in Powerbridge Technologies' stock price could lead to short-term interest from investors, potentially resulting in further price increases as the market capitalizes on the momentum.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Strong Global shares rose by 17.37% to $1.62, with a market cap of $12.7 million.
The increase in Strong Global's stock price may continue to draw investor interest in the short term, potentially leading to additional gains as the market reacts to the positive trend.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80