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. Mawson Infra Gr (MIGI), Movella Holdings (MVLA), Oblong (OBLG), BIO-key Intl (BKYI), BIT Mining (BTCM), and CISO Global (CISO) saw gains, while Richardson Electronics (RELL), Nvni Group (NVNI), Intrusion (INTZ), Verb Tech (VERB), BTCS (BTCS), and Powerbridge Technologies (PBTS) experienced declines. Notably, Richardson Electronics' Q2 earnings were released.
January 10, 2024 | 9:30 pm
News sentiment analysis
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NEGATIVE IMPACT
BTCS shares decreased by 3.47% to $1.95, with a market cap of $28.0 million.
The decline may be related to broader crypto market volatility, which could negatively impact the stock in the short term.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80
NEGATIVE IMPACT
Intrusion's stock fell 4.09% to $0.23, with a market cap of $7.9 million.
The decline in after-market hours could reflect a negative sentiment, possibly affecting the stock negatively in the short term.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 80
NEGATIVE IMPACT
Nvni Group stock decreased by 4.19% to $2.29, with a market cap of $63.5 million.
The drop in after-market trading could indicate investor concern, potentially leading to a short-term negative price movement.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80
NEGATIVE IMPACT
Powerbridge Technologies shares fell by 3.2% to $1.16, with a market cap of $5.4 million.
The stock's decline in after-market trading could indicate negative investor sentiment, potentially leading to a short-term decrease in stock price.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 80
NEGATIVE IMPACT
Richardson Electronics stock fell by 8.0% to $11.5 after Q2 earnings release, with a market cap of $164.1 million.
The decline following the Q2 earnings report suggests a negative market reaction, likely leading to a short-term negative impact on the stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
Verb Tech shares decreased by 3.57% to $0.13, with a market cap of $2.6 million.
The after-market decline may suggest a lack of investor confidence, potentially leading to further short-term downside.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 80
POSITIVE IMPACT
BIO-key Intl stock increased by 3.55% to $2.33, with a market cap of $2.1 million.
The positive movement could suggest investor confidence, potentially leading to further short-term gains.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 80
POSITIVE IMPACT
BIT Mining shares rose by 2.86% to $5.02, with a market cap of $55.7 million.
The gain could reflect a positive sentiment in the crypto sector, which may lead to a short-term positive impact on the stock.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
CISO Global stock increased by 2.79% to $0.14, with a market cap of $25.1 million.
The after-market rise could indicate growing interest in the security sector, potentially benefiting CISO in the short term.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 80
POSITIVE IMPACT
Mawson Infra Gr stock rose by 6.2% to $3.74, with a market cap of $62.2 million.
The after-market gain suggests positive investor sentiment which could lead to a short-term price increase.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
Movella Holdings shares increased by 5.71% to $0.57, with a market cap of $29.0 million.
The rise in after-market trading indicates potential continued interest and a possible short-term uptrend.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
Oblong's stock went up by 4.95% to $0.15, with a market cap of $2.5 million.
The increase in price may attract more attention to the stock, potentially leading to a short-term positive impact.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 80