12 Information Technology Stocks Moving In Thursday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
In Thursday's pre-market session, several information technology stocks showed significant movement. LAES led the gainers with a 92.2% rise, while ARBB experienced the largest drop among the losers, declining by 8.2%. Other notable gainers include FKWL, WULF, BTDR, QMCO, and GREE. On the losing side, BTCT, CLSK, KERN, SDIG, and SAI also saw their share prices fall.
December 28, 2023 | 1:06 pm
News sentiment analysis
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NEGATIVE IMPACT
ARB IOT Group shares fell by 8.2% to $2.13, with a market cap of $56.3 million, signaling negative market sentiment.
The decline in ARBB's pre-market session could indicate bearish sentiment, possibly leading to further short-term depreciation.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
BTC Digital shares declined by 6.87% to $4.75, with a market cap of $7.2 million, hinting at investor caution.
BTCT's pre-market drop may continue as investors show caution, potentially leading to a decrease in its short-term price.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 85
POSITIVE IMPACT
Franklin Wireless stock rose by 13.26% to $3.5, with a market cap of $41.2 million, reflecting positive momentum.
The pre-market increase for FKWL indicates a positive short-term outlook, potentially leading to further gains.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
POSITIVE IMPACT
LAES shares soared 92.2% to $2.21 in pre-market trading with a market cap of $19.9 million, indicating strong investor interest.
The substantial pre-market gain for LAES suggests positive investor sentiment which could lead to continued short-term upward price movement.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
TeraWulf stock increased by 10.76% to $3.19, with a market cap of $768.5 million, suggesting investor confidence.
WULF's pre-market rise may attract more investors, potentially driving the price up in the short term.
CONFIDENCE 80
IMPORTANCE 65
RELEVANCE 85