12 Information Technology Stocks Moving In Tuesday's After-Market Session
Portfolio Pulse from Benzinga Insights
After Tuesday's after-market session, several information technology stocks experienced significant movements. Infrared Cameras Holdings (MSAI) and Impinj (PI) were notable gainers, with MSAI rising 20% and PI increasing by 11.68%. Other gainers included Meta Materials (MMAT), LG Display Co (LPL), Arqit Quantum (ARQQ), and GSI Technology (GSIT). On the losing side, Phunware (PHUN) saw a sharp decline of 63.3%, while Remark Holdings (MARK), DatChat (DATS), Spectaire Holdings (SPEC), Rubicon Technologies (RBT), and Plexus (PLXS) also experienced declines.

January 16, 2024 | 9:31 pm
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NEGATIVE IMPACT
Phunware's stock plummeted by 63.3% to $0.15, with a market cap of $27.7 million.
A 63.3% decline is a drastic movement, likely driven by negative news or events, which could continue to pressure the stock in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Infrared Cameras Holdings' stock rose by 20% in after-market trading, with a market cap of $43.0 million.
A 20% increase in after-market trading is a significant positive movement, indicating strong investor interest which could lead to a short-term uptrend.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Impinj stock increased by 11.68% to $91.36, with a market cap of $2.4 billion.
The 11.68% rise in Impinj's stock price suggests positive sentiment that could carry into the next trading session, potentially leading to further gains.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100