12 Information Technology Stocks Moving In Thursday's Intraday Session
Portfolio Pulse from Benzinga Insights
In Thursday's intraday session, several information technology stocks experienced significant movements. FOXO Technologies (FOXO) saw a 36.2% increase, while Amtech Systems (ASYS) dropped by 30.9% following their Q4 earnings release. Other notable gainers include Canaan (CAN), Maxeon Solar Technologies (MAXN), Ebix (EBIX), Auddia (AUUD), and Akoustis Technologies (AKTS). On the losing side, Cepton (CPTN), Saverone 2014 (SVRE), ICZOOM Group (IZM), MariaDB (MRDB), and Casa Systems (CASA) saw their stock prices fall.
December 14, 2023 | 5:31 pm
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POSITIVE IMPACT
Akoustis Technologies' stock rose 20.64% to $0.75, with a market cap of $54.6 million.
The significant rise in Akoustis Technologies' stock price could lead to further short-term interest from investors.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 70
POSITIVE IMPACT
Auddia's stock increased by 21.25% to $0.31, with a market value of $6.1 million.
The rise in Auddia's stock price could indicate a short-term bullish trend for the stock.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 70
POSITIVE IMPACT
Canaan's stock increased by 30.26% to $1.72, with a market cap of $294.1 million.
The substantial increase in stock price could attract more investor interest, potentially leading to further short-term gains.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
Ebix shares rose 22.39% to $5.63, with a market value of $173.9 million.
The increase in Ebix's stock price suggests positive market activity that could have short-term implications.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
FOXO Technologies' stock rose 36.2% to $0.4, with a market value of $2.5 million.
The significant rise in stock price indicates strong investor interest, which could lead to short-term momentum.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
POSITIVE IMPACT
Maxeon Solar Technologies' stock rose 26.41% to $5.79, with a market value of $305.5 million.
The notable rise in stock price could be due to positive investor sentiment, possibly continuing in the short term.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80
NEGATIVE IMPACT
Amtech Systems' stock declined by 30.9% to $4.14, following their Q4 earnings release, with a market value of $58.6 million.
The sharp decline post-earnings suggests a negative market reaction to the Q4 results, likely affecting the stock in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90