12 Communication Services Stocks Moving In Friday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
In Friday's pre-market session, Meta Platforms (META) and Snap (SNAP) were among the top gainers in the Communication Services sector, with META up 16.3% following its Q4 earnings report. Conversely, Charter Communications (CHTR) and Liberty Broadband (LBRDA) were notable losers, with CHTR down 7.95% after its Q4 earnings. Other stocks also experienced significant movements.
February 02, 2024 | 1:06 pm
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NEGATIVE IMPACT
Charter Communications shares fell 7.95% following its Q4 earnings report, indicating investor concerns.
The drop in Charter Communications' stock price is a direct reaction to its Q4 earnings, likely due to results not meeting investor expectations.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100
NEGATIVE IMPACT
Liberty Broadband's stock fell 7.1% in pre-market trading, reflecting negative market sentiment.
Liberty Broadband's pre-market decline may be influenced by broader market trends or sector-specific news not detailed in the article.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Meta Platforms surged 16.3% in pre-market trading after announcing its Q4 earnings, indicating strong performance.
The significant pre-market increase for Meta Platforms is directly tied to its Q4 earnings report, suggesting positive investor sentiment and potential for continued short-term growth.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Snap shares rose 6.17% in pre-market trading, reflecting positive market sentiment.
Snap's pre-market gain suggests investor confidence, potentially due to overall market conditions or company-specific factors not detailed in the news.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80