12 Information Technology Stocks Moving In Wednesday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
In Wednesday's pre-market session, several information technology stocks showed significant movement. MariaDB (MRDB) led the gainers with a 16.3% increase, while ComSovereign Holding (COMS) experienced the largest drop among the losers, falling 7.4%. Other notable gainers included Marin Software (MRIN), Infobird Co (IFBD), Sobr Safe (SOBR), Remark Holdings (MARK), and CalAmp (CAMP). On the losing side, Inuvo (INUV), Freshworks (FRSH), Mobilicom (MOB), Viavi Solutions (VIAV), and FOXO Technologies (FOXO) also saw their stock prices decline.
December 20, 2023 | 1:07 pm
News sentiment analysis
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NEGATIVE IMPACT
ComSovereign Holding shares fell 7.4% in pre-market trading with a market value of $2.4 million.
The pre-market decline in ComSovereign Holding's stock price indicates negative investor sentiment, which could lead to further short-term depreciation.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
NEGATIVE IMPACT
Freshworks stock fell 5.93% to $23.03, with a market value of $6.8 billion.
The notable pre-market drop for Freshworks could suggest a bearish outlook for the day, potentially impacting the stock negatively in the short term.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80
NEGATIVE IMPACT
Viavi Solutions stock declined by 4.8% to $9.33, with a market value of $2.0 billion.
The pre-market decrease in Viavi Solutions' stock price could be a sign of short-term negative momentum for the stock.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
MariaDB shares surged 16.3% in pre-market trading with a market cap of $28.6 million.
The significant pre-market increase in MariaDB's stock price suggests positive investor sentiment, which could lead to a short-term uptrend as the market opens.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90