11 Information Technology Stocks Moving In Monday's Intraday Session
Portfolio Pulse from Benzinga Insights
During Monday's intraday session, several information technology stocks experienced significant movements. SilverSun Technologies (SSNT) saw a substantial increase of 196.4%, while Meta Materials (MMAT) faced a sharp decline of 31.7%. Other notable gainers include Mawson Infra Gr (MIGI), WiSA Technologies (WISA), BTCS (BTCS), WeTrade Group (WETG), and Consensus Cloud Solutions (CCSI). On the losing side, FOXO Technologies (FOXO), VIA optronics (VIAO), MicroAlgo (MLGO), and Rubicon Technologies (RBT) saw their stock prices fall.
December 04, 2023 | 5:31 pm
News sentiment analysis
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NEGATIVE IMPACT
FOXO Technologies stock fell by 11.69% to $0.36, with a market cap of $2.3 million.
FOXO's stock decline could be a reaction to negative market sentiment or company-specific issues, suggesting a bearish short-term impact.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
MicroAlgo stock fell 9.7% to $2.98, with a market cap of $130.6 million.
MLGO's stock price decline could be due to adverse events or market conditions, which may lead to further short-term depreciation.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Meta Materials stock declined by 31.7% to $0.08, with a market cap of $36.8 million.
The substantial drop in MMAT's stock price indicates negative sentiment or disappointing news, which could lead to further short-term bearish trends.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100
NEGATIVE IMPACT
Rubicon Technologies stock decreased by 9.14% to $2.09, with a market value of $78.2 million.
RBT's stock price drop suggests negative investor sentiment or unfavorable news, potentially leading to a bearish short-term outlook.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
VIA optronics stock decreased by 9.99% to $0.81, with a market cap of $18.3 million.
The drop in VIAO's stock price may reflect broader market trends or negative news specific to the company, indicating a potential short-term downward trend.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
BTCS stock rose by 24.15% to $1.47, with a market cap of $21.0 million.
The increase in BTCS's stock price may be related to positive cryptocurrency market trends or company-specific news, suggesting a bullish short-term impact.
CONFIDENCE 80
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Consensus Cloud Solutions shares rose by 17.47% to $22.48, with a market cap of $430.6 million.
The rise in CCSI's stock price may indicate positive industry trends or company news, which could have a favorable short-term impact on the stock.
CONFIDENCE 80
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Mawson Infra Gr shares rose 41.01% to $1.33, with a market cap of $22.0 million.
MIGI's significant price increase could be driven by positive news or market sentiment, potentially leading to further short-term gains.
CONFIDENCE 80
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
SilverSun Technologies stock surged 196.4% to $10.88, with a market cap of $57.1 million.
The dramatic increase in SSNT's stock price suggests a very positive market reaction to recent developments or expectations, which could lead to continued short-term bullish behavior.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
WeTrade Group shares increased by 18.48% to $3.69, with a market cap of $9.6 million.
WETG's stock appreciation could be due to market optimism or positive company performance, potentially leading to further short-term price increases.
CONFIDENCE 80
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
WiSA Technologies stock increased by 40.76% to $0.2, with a market cap of $4.6 million.
The notable rise in WISA's stock price could reflect investor optimism or favorable developments, suggesting a positive short-term outlook.
CONFIDENCE 80
IMPORTANCE 80
RELEVANCE 90