12 Information Technology Stocks Moving In Friday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
In Friday's pre-market session, several information technology stocks showed significant movement. Ansys (ANSS) shares surged by 19.1%, while Cepton (CPTN) and TeraWulf (WULF) also saw notable gains. Conversely, Baijiayun Group (RTC), Peraso (PRSO), and Everspin Technologies (MRAM) were among the stocks that experienced declines.

December 22, 2023 | 1:07 pm
News sentiment analysis
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NEGATIVE IMPACT
Everspin Technologies shares fell by 6.09% to $8.64, with a market cap of $181.6 million.
The pre-market drop for Everspin Technologies may reflect investor concerns or negative news, potentially leading to a short-term decline in its stock price.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 70
NEGATIVE IMPACT
Peraso stock decreased by 7.75% to $0.23, with a market cap of $7.1 million.
Peraso's pre-market decline suggests potential negative drivers affecting the stock, which may result in a short-term negative price movement.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 70
NEGATIVE IMPACT
Baijiayun Group shares fell by 8.0% to $2.08, with a market cap of $182.4 million.
The decline in Baijiayun Group's pre-market shares could indicate negative sentiment or reactions to adverse news, likely leading to a short-term decrease in stock price.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
Ansys shares jumped 19.1% to $361.0, with a market cap of $31.3 billion.
The significant pre-market gain for Ansys suggests positive investor sentiment or a reaction to favorable news, which could lead to a short-term uptick in stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Cepton shares rose by 9.63% to $3.64, with a market cap of $57.6 million.
Cepton's pre-market increase indicates positive momentum that could carry into the regular trading session, potentially boosting the stock price in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
POSITIVE IMPACT
TeraWulf stock increased by 8.65% to $2.26, with a market cap of $544.4 million.
The pre-market gain for TeraWulf may attract investor attention and could lead to a short-term positive impact on the stock price.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80