12 Communication Services Stocks Moving In Thursday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
In Thursday's pre-market session, several communication services stocks experienced significant movements. WiMi Hologram Cloud (WIMI) and 36KR Holdings (KRKR) were among the gainers, with WIMI rising 28.4% and KRKR up 13.49%, following their Q3 earnings release. Conversely, Troika Media Group (TRKA) and Able View Global (ABLV) were among the losers, with TRKA dropping 67.0% and ABLV down 19.32%.
December 07, 2023 | 1:07 pm
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POSITIVE IMPACT
36KR Holdings' stock increased by 13.49% to $0.74, with a market cap of $29.0 million, following their Q3 earnings release.
The rise in KRKR's stock price is likely due to the company's Q3 earnings release, which may have exceeded investor expectations.
CONFIDENCE 80
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
WiMi Hologram Cloud's stock surged 28.4% in pre-market trading, with a market cap of $80.0 million.
The significant pre-market increase in WIMI's stock price suggests positive investor sentiment, potentially due to favorable Q3 earnings or other positive news not detailed in the article.
CONFIDENCE 80
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
Able View Global's shares fell by 19.32% to $2.13, with a market cap of $90.2 million.
ABLV's stock price drop suggests negative investor sentiment, which could be due to disappointing company performance or other negative factors not detailed in the article.
CONFIDENCE 80
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
Troika Media Group's stock plummeted 67.0% to $0.63, with a market cap of $10.5 million.
The dramatic pre-market decline in TRKA's stock price indicates a strong negative reaction from investors, possibly due to adverse news or events not specified in the article.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 90