12 Communication Services Stocks Moving In Tuesday's Intraday Session
Portfolio Pulse from Benzinga Insights
During Tuesday's intraday session, several communication services stocks experienced significant movements. ZW Data Action Tech (CNET) saw a 17.9% increase, while Fangdd Network Group (DUO) dropped by 14.4%. Other notable gainers include MoneyHero (MNY), FG Group Holdings (FGH), NFT Gaming Co (NFTG), Abits Group (ABTS), and 9F (JFU). On the losing side, Sphere Entertainment (SPHR), VS Media Holdings (VSME), Arena Group Holdings (AREN), AirNet Technology (ANTE), and Leafly Holdings (LFLY) saw declines ranging from 10.1% to 11.61%.
December 05, 2023 | 5:31 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
AirNet Technology (ANTE) shares fell by 10.77% to $0.58, with a market cap of $5.1 million.
The decline in AirNet Technology's stock price may suggest a lack of investor confidence, potentially leading to further short-term losses.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 100
NEGATIVE IMPACT
Arena Group Holdings (AREN) stock declined by 11.2% to $3.04, with a market cap of $72.3 million.
The negative trend in Arena Group Holdings' share price could continue in the short term due to prevailing bearish sentiment.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 100
NEGATIVE IMPACT
Fangdd Network Group (DUO) stock declined by 14.4% to $0.74, with a market cap of $2.8 million.
The substantial drop in share price indicates negative market sentiment or unfavorable news, which could lead to further short-term bearish trends.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Leafly Holdings (LFLY) stock fell by 10.1% to $5.44, with a market cap of $11.8 million.
Leafly Holdings' stock price drop could indicate market concerns, which may result in continued short-term downward pressure.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 100
NEGATIVE IMPACT
Sphere Entertainment (SPHR) shares declined by 11.61% to $29.72, with a market cap of $1.0 billion.
The decline in Sphere Entertainment's share price could reflect negative sentiment or reactions to recent events, suggesting possible further short-term downside.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
VS Media Holdings (VSME) stock declined by 11.49% to $0.78, with a market cap of $17.1 million.
The drop in VS Media Holdings' stock price indicates a negative market reaction that could persist in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 100
POSITIVE IMPACT
Abits Group (ABTS) stock increased by 10.08% to $1.2, with a market cap of $42.6 million.
The positive movement in Abits Group's stock price could indicate short-term bullish momentum.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 100
POSITIVE IMPACT
ZW Data Action Tech (CNET) shares increased by 17.9% to $0.82, with a market cap of $5.9 million.
The significant intraday increase in share price suggests positive investor sentiment or reaction to company-specific news, which could lead to continued short-term bullish behavior.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
FG Group Holdings (FGH) shares increased by 14.07% to $1.54, with a market cap of $30.3 million.
The stock's upward movement may reflect positive investor sentiment, which could persist in the short term.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
9F (JFU) stock increased by 8.74% to $4.35, with a market cap of $51.2 million.
The stock's gain suggests investor optimism, which may continue to drive the price up in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 100
POSITIVE IMPACT
MoneyHero (MNY) shares increased by 14.8% to $3.49, with a market cap of $134.3 million.
The rise in share price could be due to positive developments or investor optimism, potentially leading to further short-term gains.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
NFT Gaming Co (NFTG) shares rose by 10.49% to $0.4, with a market cap of $4.8 million.
The increase in NFT Gaming Co's share price suggests market enthusiasm that could lead to further short-term appreciation.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 100