12 Information Technology Stocks Moving In Tuesday's After-Market Session
Portfolio Pulse from Benzinga Insights
In Tuesday's after-market session, several information technology stocks experienced significant movements. Quantum (QMCO) led the gainers with an 11.2% rise, while BIT Mining (BTCM) saw the largest decline among the losers, dropping 7.0%. Other notable movers included Marin Software (MRIN), Airspan Networks Holdings (MIMO), Infobird Co (IFBD), Edgio (EGIO), and Remark Holdings (MARK) with gains, and VerifyMe (VRME), Argo Blockchain (ARBK), Akoustis Technologies (AKTS), CISO Global (CISO), and Rekor Systems (REKR) with losses.
December 19, 2023 | 9:31 pm
News sentiment analysis
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NEGATIVE IMPACT
Akoustis Technologies stock declined by 3.17% to $0.72, with a market cap of $52.1 million.
The decline in Akoustis Technologies' stock after-market may indicate a negative short-term price direction.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 70
NEGATIVE IMPACT
Argo Blockchain stock declined by 3.52% to $1.92, with a market cap of $102.7 million.
The after-market drop in Argo Blockchain's stock price could suggest a short-term bearish trend.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 70
NEGATIVE IMPACT
BIT Mining stock declined by 7.0% to $4.64, with a market cap of $51.5 million.
The after-market decline for BIT Mining indicates negative investor sentiment, which could lead to a short-term decrease in stock price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
NEGATIVE IMPACT
CISO Global shares fell 3.06% to $0.09, with a market cap of $16.5 million.
CISO Global's after-market loss could foreshadow a short-term downward trend in its stock price.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 70
NEGATIVE IMPACT
Rekor Systems stock decreased by 3.02% to $2.9, with a market value of $200.5 million.
The after-market decline in Rekor Systems' stock suggests a possible short-term decrease in its stock price.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 70
NEGATIVE IMPACT
VerifyMe stock declined by 3.81% to $1.01, with a market cap of $10.0 million.
VerifyMe's after-market decline may lead to a negative short-term price movement.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 70
POSITIVE IMPACT
Edgio stock rose 6.54% to $0.41, with a market cap of $92.4 million.
Edgio's after-market rise may indicate a short-term positive momentum for the stock.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
Infobird Co shares increased by 8.06% to $1.34, with a market cap of $9.2 million.
The increase in Infobird Co's stock price after-market could be a sign of a short-term positive trend.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
Remark Holdings stock moved upwards by 6.48% to $0.46, with a market cap of $9.6 million.
The gain in Remark Holdings' stock after-market suggests a potential short-term upward trend.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
Airspan Networks Holdings shares increased by 8.64% to $0.09, with a market cap of $6.7 million.
Airspan Networks' after-market gain could suggest a positive short-term outlook for the stock.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
Marin Software stock moved upwards by 9.21% to $0.41, with a market cap of $7.4 million.
The rise in Marin Software's stock price after-market may indicate a short-term bullish trend for the stock.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
Quantum shares rose 11.2% to $0.36, with a market cap of $33.8 million.
The significant after-market gain for Quantum suggests positive investor sentiment which could lead to a short-term price increase.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90