12 Information Technology Stocks Moving In Tuesday's Intraday Session
Portfolio Pulse from Benzinga Insights
During Tuesday's intraday session, several information technology stocks experienced significant movements. Addvantage Technologies (AEY) saw a 21.6% increase, while Phunware (PHUN) rose by 17.68%. Cyngn (CYN) and Canadian Solar (CSIQ) also gained, with rises of 13.62% and 11.78% respectively. Alpine 4 Holdings (ALPP) and Ondas Holdings (ONDS) both saw their stocks increase by over 11%. On the downside, Presto Automation (PRST) dropped by 15.8%, Remark Holdings (MARK) by 13.56%, Nano Labs (NA) by 12.81%, DatChat (DATS) by 10.98%, MicroAlgo (MLGO) by 9.24%, and M-Tron Industries (MPTI) by 9.09%.
January 23, 2024 | 5:30 pm
News sentiment analysis
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NEGATIVE IMPACT
Presto Automation (PRST) shares decreased by 15.8% to $0.27, with a market cap of $17.8 million.
The drop in PRST's stock price could indicate underlying issues or a bearish outlook, which may continue to pressure the stock in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Addvantage Technologies (AEY) stock surged by 21.6% to $2.98, with a market cap of $4.4 million.
The significant surge in AEY's stock price suggests positive investor sentiment and could lead to short-term momentum, attracting more interest from traders.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Phunware (PHUN) stock increased by 17.68% to $0.42, with a market cap of $118.5 million.
PHUN's stock rise is a positive sign for investors and may lead to increased trading activity in the short term as the market reacts to the uptrend.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90