12 Information Technology Stocks Moving In Wednesday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
In Wednesday's pre-market session, several IT stocks showed significant movement. BTC Digital, BIO-key Intl, BIT Mining, Bit Digital, The9, and Inpixon were gainers, with increases ranging from 6.24% to 10.4%. On the losing side, MariaDB, Oblong, Universal Security, Argo Blockchain, ARB IOT Group, and Arqit Quantum saw declines between 3.98% and 9.2%.
December 27, 2023 | 1:07 pm
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POSITIVE IMPACT
BIO-key Intl's stock increased by 10.18% in pre-market trading with a market cap of $2.8 million.
The pre-market gain is a strong indicator of positive momentum that may continue into the regular trading session.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
POSITIVE IMPACT
Bit Digital's stock increased by 7.14% in pre-market trading with a market cap of $408.4 million.
The pre-market rise could be indicative of continued investor interest, potentially leading to a higher opening price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
POSITIVE IMPACT
BIT Mining's shares rose by 7.86% in pre-market trading with a market cap of $68.5 million.
The upward movement in pre-market indicates a positive investor outlook which may lead to a short-term uptrend.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
POSITIVE IMPACT
BTC Digital's stock rose by 10.4% in pre-market trading with a market cap of $7.1 million.
The significant pre-market increase suggests positive investor sentiment which could lead to a short-term rise in stock price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
POSITIVE IMPACT
Inpixon's shares moved upwards by 6.24% in pre-market trading with a market cap of $10.3 million.
The increase in pre-market trading could reflect positive sentiment, possibly leading to a short-term uptick in the stock price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
POSITIVE IMPACT
The9's shares increased by 6.59% in pre-market trading with a market cap of $38.4 million.
The pre-market gain suggests bullish sentiment among investors, which might translate into short-term price appreciation.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
NEGATIVE IMPACT
ARB IOT Group's shares decreased by 4.64% in pre-market trading with a market cap of $65.3 million.
The pre-market decrease could indicate a lack of confidence from investors, potentially leading to a decrease in stock price in the near term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
NEGATIVE IMPACT
Argo Blockchain's stock decreased by 4.67% in pre-market trading with a market cap of $175.5 million.
The drop in pre-market trading may be a sign of bearish sentiment, which could negatively affect the stock price shortly.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
NEGATIVE IMPACT
Arqit Quantum's stock declined by 3.98% in pre-market trading with a market cap of $74.9 million.
The pre-market decline may be a precursor to a negative trading day, potentially leading to a short-term drop in stock price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
NEGATIVE IMPACT
MariaDB's shares declined by 9.2% in pre-market trading with a market cap of $22.0 million.
The significant pre-market decline could lead to a negative sentiment and a potential decrease in stock price in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
NEGATIVE IMPACT
Oblong's stock declined by 7.16% in pre-market trading with a market cap of $2.7 million.
The pre-market drop suggests a negative outlook from investors, which could result in a lower stock price in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
NEGATIVE IMPACT
Universal Security's shares decreased by 4.82% in pre-market trading with a market cap of $4.1 million.
The pre-market decline may reflect investor skepticism, potentially leading to a short-term downtrend in the stock price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90