12 Information Technology Stocks Moving In Thursday's Intraday Session
Portfolio Pulse from Benzinga Insights
In Thursday's intraday session, 12 Information Technology stocks showed significant movements. Notable gainers included Minim, Ostin Technology Group, SEALSQ, Mercurity Fintech Holding, Pixelworks, and Intchains Gr, with increases ranging from 11.12% to 39.8%. On the downside, Addvantage Technologies, Remark Holdings, Blackboxstocks, SMX, 8x8, and Airspan Networks Holdings experienced declines between 14.78% and 24.9%. Market capitalizations varied widely among these companies.
February 01, 2024 | 5:31 pm
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POSITIVE IMPACT
Minim shares surged 39.8% to $5.73, with a market cap of $16.5 million.
The significant surge in Minim's stock price indicates strong investor interest, likely due to positive market sentiment or company-specific news.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
Addvantage Technologies shares declined 24.9% to $1.39, with a market cap of $2.0 million.
The sharp decline in Addvantage Technologies' stock price suggests negative investor sentiment or adverse company-specific developments.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
8x8 shares decreased by 14.88% to $2.86 following their Q3 earnings release, with a market cap of $349.3 million.
The decline in 8x8's stock price post-Q3 earnings suggests the market's reaction was negative, possibly due to disappointing earnings results.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 95