12 Communication Services Stocks Moving In Wednesday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
In Wednesday's pre-market session, several communication services stocks experienced significant movements. VS Media Holdings, FaZe Hldgs, Gaxos.AI, GDEV, Netflix, and Lizhi were among the gainers, with Netflix notably rising 8.49% after its Q4 earnings release. Conversely, Gamer Pakistan, Treasure Global, Cineverse, NextPlay Technologies, AT&T, and PSQ Holdings were the losers, with AT&T dropping 4.02% following its Q4 earnings report.
January 24, 2024 | 1:06 pm
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POSITIVE IMPACT
FaZe Hldgs stock increased by 11.12% to $0.36, with a market cap of $27.5 million.
The pre-market rise indicates positive momentum that may attract investor interest in the short term.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
Netflix stock moved upwards by 8.49% to $534.0 after releasing its Q4 earnings, with a market cap of $233.7 billion.
The positive reaction to Netflix's Q4 earnings suggests strong investor approval, likely leading to a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
VS Media Holdings stock rose 31.5% to $0.43, with a market cap of $9.4 million.
The significant pre-market gain suggests positive investor sentiment, which could lead to continued short-term upward momentum.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
NEGATIVE IMPACT
AT&T stock fell 4.02% to $16.5 after its Q4 earnings report, with a market value of $117.9 billion.
The decline in AT&T's stock price post-Q4 earnings indicates a negative market reaction, which could lead to further short-term downside.
CONFIDENCE 85
IMPORTANCE 85
RELEVANCE 100