12 Communication Services Stocks Moving In Thursday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
In Thursday's pre-market session, several communication services stocks experienced significant movements. Charge Enterprises (CRGE) saw a substantial increase of 31.9%, while TuanChe (TC) and Gaxos.AI (GXAI) also posted gains. Paltalk (PALT), Hanryu Holdings (HRYU), and Paramount Global (PARA) experienced moderate increases. Conversely, VS Media Holdings (VSME), Brera Holdings (BREA), FaZe Hldgs (FAZE), PSQ Holdings (PSQH), Rumble (RUM), and Lytus Technologies Hldgs (LYT) saw their stock prices decline.
January 25, 2024 | 1:06 pm
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NEGATIVE IMPACT
Brera Holdings stock fell 7.88% to $1.99, with a market cap of $23.0 million.
The pre-market drop for BREA may reflect a bearish sentiment that could negatively impact the stock price in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
FaZe Hldgs stock decreased by 7.86% to $0.32, with a market cap of $24.9 million.
The decline in FAZE's stock price during pre-market could suggest a negative short-term outlook for the stock.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Lytus Technologies Hldgs shares fell 4.05% to $0.1, with a market cap of $3.8 million.
The drop in LYT's stock price indicates possible negative sentiment, which may result in a short-term downward trend.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
PSQ Holdings stock decreased by 5.62% to $5.71, with a market cap of $157.7 million.
The pre-market decrease in PSQH's stock price may lead to a negative perception among investors, possibly affecting the stock negatively in the short term.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Rumble stock declined by 4.05% to $5.45, with a market cap of $1.5 billion.
RUM's pre-market decline could be a sign of investor concern, potentially leading to short-term price depreciation.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
VS Media Holdings shares declined by 15.3% to $0.55, with a market cap of $12.0 million.
The sharp decline in VSME's stock price could indicate negative sentiment, potentially leading to further short-term losses.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Charge Enterprises stock jumped 31.9% in pre-market trading with a market cap of $41.7 million.
The significant pre-market increase in CRGE's stock price suggests positive investor sentiment which could lead to a short-term uptrend.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Gaxos.AI stock increased by 7.24% to $0.27, with a market cap of $3.1 million.
The rise in GXAI's stock price during pre-market trading could suggest a bullish short-term outlook for the stock.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Hanryu Holdings stock increased by 6.25% to $0.63, with a market cap of $33.1 million.
The pre-market gain for HRYU could be a sign of positive momentum, possibly affecting the stock price positively in the short term.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Paltalk stock moved upwards by 7.03% to $4.11, with a market cap of $37.9 million.
PALT's pre-market increase may attract investor attention, potentially leading to a short-term positive trend in its stock price.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Paramount Global shares moved upwards by 4.79% to $14.0, with a market cap of $9.1 billion.
The increase in PARA's stock price suggests a positive investor outlook, which may lead to short-term gains.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
TuanChe shares rose 14.36% to $0.16 with a market cap of $3.9 million.
The pre-market gain for TC indicates increased investor interest, which may result in a short-term positive impact on the stock price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80