12 Information Technology Stocks Moving In Thursday's After-Market Session
Portfolio Pulse from Benzinga Insights
In Thursday's after-market session, several information technology stocks experienced movement. Gainers included Near Intelligence, Stronghold Digital Mining, Edgio, AEye, Blend Labs, and CPS Technologies with increases ranging from 2.96% to 5.0%. Losers were Cyngn, HashiCorp, Comtech Telecom, BIO-key Intl, Marin Software, and Powerbridge Technologies with declines between 4.2% and 13.7%. HashiCorp and Comtech Telecom's drops were associated with their Q3 and Q1 earnings releases, respectively.
December 07, 2023 | 9:30 pm
News sentiment analysis
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NEGATIVE IMPACT
BIO-key Intl shares fell by 6.95% to $0.17, with a market cap of $2.3 million.
The after-market decline could suggest a short-term bearish trend for BKYI's stock.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 80
NEGATIVE IMPACT
Comtech Telecom's stock declined by 10.8% to $11.15 after Q1 earnings, with a market cap of $314.4 million.
The post-earnings drop indicates a negative investor response, which could negatively affect CMTL's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
NEGATIVE IMPACT
Cyngn shares fell by 13.7% to $0.34, with a market cap of $14.3 million.
The significant drop in after-market trading could indicate a negative short-term outlook for CYN's stock.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 80
NEGATIVE IMPACT
HashiCorp shares dropped 13.66% to $21.5 after Q3 earnings, with a market cap of $4.1 billion.
The decline following the Q3 earnings report suggests a negative market reaction, likely leading to a short-term downward trend.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
NEGATIVE IMPACT
Marin Software shares decreased by 6.57% to $0.34, with a market cap of $6.1 million.
The drop in after-hours trading may lead to a negative short-term impact on MRIN's stock price.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 80
NEGATIVE IMPACT
Powerbridge Technologies shares fell by 4.2% to $1.12, with a market cap of $5.2 million.
The after-market decline could indicate a short-term negative trend for PBTS's stock price.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 80
POSITIVE IMPACT
Blend Labs stock increased by 3.12% to $1.65, with a market cap of $409.5 million.
The after-market gain could be a positive sign for BLND's stock price in the short term.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 80
POSITIVE IMPACT
CPS Technologies shares increased by 2.96% to $2.43, with a market cap of $35.2 million.
The after-market increase may lead to a short-term positive impact on CPSH's stock price.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 80
POSITIVE IMPACT
Edgio's stock went up by 4.58% to $0.42, with a market cap of $95.1 million.
The increase in after-market trading could lead to a short-term positive impact on EGIO's stock price.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 80
POSITIVE IMPACT
AEye stock rose by 4.21% to $0.13, with the company's market cap at $24.6 million.
The positive movement in after-hours could suggest a short-term bullish trend for LIDR.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 80
POSITIVE IMPACT
Near Intelligence shares rose by 5.0% in after-market trading with a market cap of $8.6 million.
The after-market gain suggests positive investor sentiment, potentially leading to a short-term price increase.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 80
POSITIVE IMPACT
Stronghold Digital Mining stock increased by 4.91% to $5.12, with a market cap of $45.2 million.
The after-market rise could indicate a short-term positive trend for SDIG's stock price.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 80