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. DZS, Auddia, Pixelworks, Datasea, BIO-key Intl, and Transact Technologies were among the gainers, with DZS leading at a 19.4% increase. Conversely, CISO Global, Mobix Labs, ZeroFox Holdings, Intrusion, Saverone 2014, and Blend Labs were the losers, with CISO Global dropping by 27.3%. These movements reflect changes in investor sentiment and market dynamics affecting these companies.

January 05, 2024 | 1:05 pm
News sentiment analysis
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NEGATIVE IMPACT
Blend Labs stock decreased by 4.9% to $2.33, suggesting a negative start to the trading day that could influence short-term performance.
The pre-market decline may set a negative tone for the day's trading, possibly leading to further short-term losses if the sentiment persists.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
CISO Global's stock plummeted by 27.3% to $0.08, which may lead to bearish sentiment and further declines in the short term.
Such a significant drop in pre-market trading often reflects negative news or investor sentiment, which could result in continued downward pressure on the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 95
POSITIVE IMPACT
Auddia's stock increased by 19.14% to $0.28, which could attract more attention and drive short-term trading volume.
The notable pre-market rise may lead to increased trading activity as investors react to the positive movement, possibly sustaining the uptrend in the short term.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 85
POSITIVE IMPACT
DZS stock surged 19.4% to $1.97, indicating strong investor interest which could lead to continued short-term momentum.
The significant pre-market gain suggests positive investor sentiment which may continue as the market opens, potentially leading to further short-term gains.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Pixelworks shares climbed 13.25% to $1.41, which may result in a positive short-term outlook if the momentum carries into the regular session.
The pre-market gain could indicate a bullish sentiment that might extend into the regular trading session, potentially benefiting short-term traders.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80