11 Communication Services Stocks Moving In Monday's After-Market Session
Portfolio Pulse from Benzinga Insights
In Monday's after-market session, several communication services stocks experienced movement. Gainers included NFT (MI), LQR House (LQR), Taboola.com (TBLA), Salem Media Group (SALM), VS Media Holdings (VSME), and Hanryu Holdings (HRYU), with increases ranging from 4.41% to 8.5%. Losers were Charge Enterprises (CRGE), Lytus Technologies Hldgs (LYT), Abits Group (ABTS), NFT Gaming Co (NFTG), and Grom Social Enterprises (GROM), with declines between 3.67% and 14.1%.
January 15, 2024 | 9:31 pm
News sentiment analysis
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NEGATIVE IMPACT
Abits Group (ABTS) shares dropped by 6.43% to $1.02, with a market cap of $36.2 million.
The decline in after-market trading could signal a negative trend that may affect the stock in the short term.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 90
NEGATIVE IMPACT
Charge Enterprises (CRGE) stock fell by 14.1% to $0.2, with a market cap of $41.9 million.
The significant drop could reflect negative sentiment, potentially leading to further short-term depreciation.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 90
NEGATIVE IMPACT
Grom Social Enterprises (GROM) stock fell by 3.67% to $1.05, with a market value of $2.0 million.
The stock's after-market decline may suggest a bearish sentiment that could persist in the short term.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 90
NEGATIVE IMPACT
Lytus Technologies Hldgs (LYT) stock decreased by 9.89% to $0.09, with a market cap of $3.6 million.
The after-market decline may continue into the next trading day, indicating a bearish short-term outlook.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 90
NEGATIVE IMPACT
NFT Gaming Co (NFTG) shares declined by 4.32% to $0.28, with a market value of $3.3 million.
The negative after-market performance could lead to further short-term downside for the stock.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 90
POSITIVE IMPACT
Hanryu Holdings (HRYU) stock went up by 4.41% to $0.79, with a market cap of $41.8 million.
The increase in after-market trading could suggest a positive outlook, potentially leading to short-term gains.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 90
POSITIVE IMPACT
LQR House (LQR) shares increased by 7.92% to $3.95, with a market cap of $13.2 million.
The after-market rise indicates potential continued investor interest, possibly driving the stock higher in the short term.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 90
POSITIVE IMPACT
NFT (MI) shares rose 8.5% to $0.21, with a market cap of $7.3 million.
The significant after-market gain suggests positive investor sentiment, which could lead to a short-term price increase.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 90
POSITIVE IMPACT
Salem Media Group (SALM) stock increased by 4.88% to $0.35, with a market cap of $9.5 million.
The positive movement could attract more attention, potentially leading to a short-term uptrend.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 90
POSITIVE IMPACT
Taboola.com (TBLA) stock rose by 5.04% to $4.37, with a market cap of $1.3 billion.
The company's larger market cap and after-market gains could lead to further short-term appreciation.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 90
POSITIVE IMPACT
VS Media Holdings (VSME) shares rose by 4.75% to $0.42, with a market cap of $9.1 million.
The after-market gain could indicate a bullish sentiment that may continue into the next trading session.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 90