12 Information Technology Stocks Moving In Wednesday's After-Market Session
Portfolio Pulse from Benzinga Insights
In Wednesday's after-market session, several Information Technology stocks experienced movement. Ascent Solar Technologies, Oblong, Sonim Technologies, Auddia, SMX, and SAI.TECH Global saw gains, while Signing Day Sports, Infobird Co, Argo Blockchain, MMTEC, CCC Intelligent Solutions, and CISO Global faced declines. The movements were reflected in percentage changes and updated market caps for each company.

January 03, 2024 | 9:30 pm
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NEGATIVE IMPACT
Argo Blockchain stock decreased by 5.3% to $3.58, with a market cap of $192.2 million.
The drop in Argo Blockchain's stock price may be influenced by the volatile nature of the crypto market, suggesting a negative short-term impact.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80
NEGATIVE IMPACT
CCC Intelligent Solutions stock fell 3.76% to $10.5, with a market value of $6.3 billion.
The decrease in CCCS's stock price suggests a negative short-term impact, possibly due to market corrections or investor reactions to news.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80
NEGATIVE IMPACT
CISO Global shares decreased by 3.68% to $0.1, with a market value of $18.3 million.
The decline in CISO's stock price after-market may reflect investor concerns, potentially leading to a short-term negative trend.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 80
NEGATIVE IMPACT
Infobird Co shares decreased by 7.7% to $0.72, with a market cap of $5.3 million.
The decline in share price could reflect negative investor sentiment, potentially leading to a short-term decrease in stock value.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80
NEGATIVE IMPACT
MMTEC stock declined by 4.42% to $1.73, with a market value of $344.5 million.
The after-market decline could signal short-term bearish sentiment among investors, potentially leading to further stock price drops.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80
NEGATIVE IMPACT
Signing Day Sports shares fell 11.1% to $1.03, with a market cap of $13.6 million.
The significant drop in after-market trading could indicate a negative short-term impact on the stock price.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
Ascent Solar Technologies stock rose by 6.0% to $0.89, with a market cap of $3.0 million.
The after-market gain suggests positive investor sentiment, which could lead to a short-term uptick in stock price.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 80
POSITIVE IMPACT
Auddia stock increased by 4.15% to $0.24, with a market cap of $4.7 million.
The positive movement in after-market trading could suggest a short-term positive trend for the stock.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 80
POSITIVE IMPACT
Oblong shares increased by 5.02% to $0.16, with a market cap of $2.7 million.
The percentage increase indicates a positive reaction from the market, potentially leading to a short-term rise in the stock price.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 80
POSITIVE IMPACT
SAI.TECH Global shares increased by 3.76% to $1.06, with a market cap of $25.2 million.
The increase in share price after-market suggests a short-term positive outlook for the stock.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 80
POSITIVE IMPACT
SMX stock rose by 4.04% to $0.6, with a market cap of $3.4 million.
The after-market gain could lead to a short-term positive impact on the stock price.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 80
POSITIVE IMPACT
Sonim Technologies shares rose by 4.28% to $0.81, with a market cap of $34.7 million.
The increase in share price could indicate short-term bullish sentiment among investors.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 80