11 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 showed notable movements. Global Mofy Metaverse (GMM) led the gainers with a 27.0% increase following their FY earnings release. Other gainers included Asset Entities (ASST), Brera Holdings (BREA), BuzzFeed (BZFD), and Taboola.com (TBLA). On the losing side, Gaxos.AI (GXAI) experienced the largest decline at 17.6%, followed by Arena Group Holdings (AREN), Chicken Soup for the Soul (CSSE), Pop Culture Gr (CPOP), Starbox Group Hldgs (STBX), and Hanryu Holdings (HRYU).
February 01, 2024 | 1:06 pm
News sentiment analysis
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Gaxos.AI (GXAI) shares declined by 17.6% in Thursday's pre-market session, marking the largest drop among the listed companies.
GXAI's significant pre-market decline is notable and may reflect investor reactions to recent company news or market conditions affecting its valuation.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Asset Entities (ASST) stock rose 8.27% to $0.5, with a market value of their outstanding shares at $6.9 million.
ASST's pre-market gain suggests positive investor sentiment or reactions to recent company developments.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Brera Holdings (BREA) shares rose 8.04% to $1.17, with a market value of $13.5 million.
The increase in BREA's stock price could be driven by positive market sentiment or company-specific news.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
BuzzFeed (BZFD) shares increased by 7.53% to $0.2, with a market cap of $29.6 million.
BZFD's pre-market rise indicates investor optimism or favorable news impacting the stock.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Global Mofy Metaverse (GMM) shares surged 27.0% in pre-market trading following their FY earnings announcement.
The significant pre-market increase in GMM's stock price is directly attributed to the positive reception of their FY earnings report, indicating strong performance or outlook.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Taboola.com (TBLA) stock rose 6.56% to $5.03, with a market cap of $1.5 billion.
The positive movement in TBLA's stock price suggests investor confidence or positive developments for the company.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80