12 Information Technology Stocks Moving In Monday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
In Monday's pre-market session, several IT stocks showed significant movement. Inpixon (INPX) saw a substantial increase of 56.1%, while SMX (Security Matters) rose by 33.61%. UTime (WTO) and Pixelworks (PXLW) also experienced gains of 19.04% and 18.84%, respectively. Conversely, SEALSQ (LAES) dropped by 27.1%, and other stocks such as Alpine 4 Holdings (ALPP), BIO-key Intl (BKYI), SAI.TECH Global (SAI), Agora (API), and Cipher Mining (CIFR) saw declines ranging from 5.7% to 8.77%.
January 15, 2024 | 1:05 pm
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NEGATIVE IMPACT
Alpine 4 Holdings stock fell 8.77% to $0.67, with a market cap of $17.9 million.
The pre-market decline in ALPP may continue into the regular session, reflecting investor concerns or broader market trends affecting the stock.
CONFIDENCE 80
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
SEALSQ (LAES) stock declined by 27.1% to $2.31, with a market cap of $20.8 million.
The sharp decline in LAES stock price could indicate negative market sentiment or a reaction to specific news, likely leading to further short-term downward pressure.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Inpixon stock rose significantly by 56.1% to $0.07, with a market cap of $13.5 million.
The substantial pre-market gain for INPX indicates strong investor interest, which could lead to increased trading volume and continued upward price movement in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
SMX (Security Matters) shares increased by 33.61% to $0.48, with a market cap of $2.7 million.
The significant pre-market rise in SMX shares suggests positive sentiment that could lead to further short-term gains, although the low market cap indicates potential volatility.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 100