12 Information Technology Stocks Moving In Wednesday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
In Wednesday's pre-market session, several information technology stocks showed significant movement. MariaDB (MRDB) and MicroCloud Hologram (HOLO) led the gainers with over 100% and 57% increases, respectively. Aviat Networks (AVNW), Genasys (GNSS), Enphase Energy (ENPH), and Cirrus Logic (CRUS) also posted gains, with Aviat Networks, Enphase Energy, and Cirrus Logic's recent earnings reports contributing to their stock movements. On the losing side, ePlus (PLUS) and MeridianLink (MLNK) experienced notable declines, alongside Rekor Systems (REKR), Minim (MINM), Addvantage Technologies (AEY), and CCSC Technology (CCTG), with ePlus's drop attributed to its Q3 earnings report.

February 07, 2024 | 1:05 pm
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NEGATIVE IMPACT
ePlus stock decreased by 13.5% to $67.7 following its Q3 earnings report, with a market cap of $1.8 billion.
The decline in PLUS's stock price post-Q3 earnings suggests investor disappointment, potentially leading to further short-term declines.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Aviat Networks shares rose 22.6% to $36.88 after Q2 earnings, with a market cap of $459.4 million.
Positive Q2 earnings likely contributed to AVNW's stock price increase, indicating potential for further short-term growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
MicroCloud Hologram stock rose 57.61% to $2.38, with a market cap of $14.1 million.
HOLO's significant pre-market gain could lead to increased trading activity and potentially more gains in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100
POSITIVE IMPACT
MariaDB stock surged 116% to $0.52, with a market cap of $35.2 million.
The significant surge in MRDB's stock price could attract more investor attention and potentially lead to short-term price volatility.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100