12 Information Technology Stocks Moving In Monday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
In Monday's pre-market session, several information technology stocks showed significant movement. Valens Semiconductor (VLN) and Alkami Technology (ALKT) were among the gainers, with increases of 10.2% and 8.92% respectively. On the losing side, Soluna Holdings (SLNH) and TeraWulf (WULF) saw declines of 15.4% and 9.29%. Other notable movers included BIO-key Intl (BKYI), Rubicon Technologies (RBT), Sobr Safe (SOBR), Credo Technology Group (CRDO), Argo Blockchain (ARBK), Powerbridge Technologies (PBTS), Cyngn (CYN), and BIT Mining (BTCM).
December 11, 2023 | 1:06 pm
News sentiment analysis
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NEGATIVE IMPACT
Soluna Holdings stock fell by 15.4% to $3.12 in pre-market trading with a market cap of $5.0 million.
The substantial pre-market decline may reflect investor concerns or negative news, suggesting a possible short-term downtrend.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
NEGATIVE IMPACT
TeraWulf shares decreased by 9.29% to $1.66, with a market cap of $399.9 million.
The pre-market decrease suggests negative market sentiment or adverse company-specific news, which could lead to a short-term decrease in stock price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
POSITIVE IMPACT
Alkami Technology shares increased by 8.92% to $24.5, with a market cap of $2.3 billion.
The pre-market rise indicates a bullish outlook for the stock, potentially due to favorable developments or market conditions.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
POSITIVE IMPACT
Valens Semiconductor stock rose by 10.2% in pre-market trading with a market cap of $268.6 million.
The significant pre-market gain suggests positive investor sentiment or reaction to recent company news, which could lead to a short-term uptrend.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90