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
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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
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