12 Information Technology Stocks Moving In Monday's After-Market Session
Portfolio Pulse from Benzinga Insights
In Monday's after-market session, several information technology stocks experienced significant movements. Crexendo, Edgio, UTime, MMTEC, Cipher Mining, and Indie Semiconductor were among the gainers, with increases ranging from 2.84% to 12.3%. On the losing side, Saverone 2014, DatChat, SilverSun Technologies, Neonode, Alpha Technology Group, and Spectaire Holdings saw their stock prices decline between 4.05% and 9.6%.

December 18, 2023 | 9:31 pm
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POSITIVE IMPACT
Cipher Mining's stock went up by 2.84% to $3.22, with a market cap of $827.7 million.
The rise in Cipher Mining's stock price suggests a positive investor response, which may lead to a short-term uptrend in the stock.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
Crexendo shares surged 12.3% to $4.38, with a market cap of $114.0 million.
The significant after-market gain for Crexendo could indicate positive investor sentiment or reaction to company-specific news, likely leading to a short-term positive impact on the stock price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
POSITIVE IMPACT
Edgio stock increased by 4.99% to $0.41, with a market cap of $92.4 million.
Edgio's after-market rise suggests a positive short-term outlook, potentially due to investor confidence or favorable developments within the company.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
Indie Semiconductor shares grew by 2.84% to $8.7, with a market cap of $1.4 billion.
Indie Semiconductor's after-market gain could be driven by positive market sentiment or company news, likely leading to a short-term positive impact on its stock price.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
MMTEC shares rose 3.12% to $0.77, with a market cap of $152.6 million.
MMTEC's stock price increase could reflect investor optimism, potentially translating into a short-term positive impact on the stock.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 70
POSITIVE IMPACT
UTime stock climbed 4.31% to $0.22, with a market cap of $3.0 million.
The increase in UTime's stock price, despite its small market cap, could attract investor attention, potentially leading to a short-term positive impact.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 70
NEGATIVE IMPACT
Alpha Technology Group shares declined by 4.32% to $9.09, with a market cap of $136.3 million.
The decrease in Alpha Technology Group's stock price could be a sign of investor concern, potentially leading to a short-term negative impact on the stock.
CONFIDENCE 70
IMPORTANCE 55
RELEVANCE 75
NEGATIVE IMPACT
DatChat stock fell by 7.7% to $1.8, with a market cap of $3.7 million.
DatChat's stock price decrease suggests negative market reaction, which could result in a short-term downward trend for the stock.
CONFIDENCE 80
IMPORTANCE 65
RELEVANCE 85
NEGATIVE IMPACT
Neonode shares decreased by 4.93% to $1.93, with a market cap of $29.6 million.
Neonode's after-market drop may be due to negative sentiment or company-specific issues, suggesting a short-term bearish impact on the stock.
CONFIDENCE 70
IMPORTANCE 55
RELEVANCE 75
NEGATIVE IMPACT
Spectaire Holdings shares dropped 4.05% to $1.66, with a market cap of $25.4 million.
Spectaire Holdings' stock price decline indicates possible negative investor sentiment, which could negatively affect the stock in the short term.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 70
NEGATIVE IMPACT
SilverSun Technologies shares fell 4.95% to $9.23, with a market cap of $48.5 million.
The decline in SilverSun Technologies' stock price could reflect investor concerns or a negative outlook, potentially leading to a short-term negative impact.
CONFIDENCE 70
IMPORTANCE 55
RELEVANCE 75
NEGATIVE IMPACT
Saverone 2014 shares dropped 9.6% to $0.52, with a market cap of $5.5 million.
The sharp decline in Saverone 2014's stock price could indicate negative investor sentiment or adverse news, likely leading to a short-term negative impact on the stock.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90