12 Information Technology Stocks Moving In Wednesday's Intraday Session
Portfolio Pulse from Benzinga Insights
In Wednesday's intraday session, 12 Information Technology stocks saw significant movements. Notable gainers included MicroCloud Hologram (HOLO) with a 480.2% increase, and SMX (Security Matters) rising by 93.32%. On the losing end, Presto Automation (PRST) fell by 17.9%, and Phunware (PHUN) dropped by 17.41%. Aviat Networks (AVNW), ePlus (PLUS), and Viasat (VSAT) reported their quarterly earnings, influencing their stock movements.

February 07, 2024 | 5:31 pm
News sentiment analysis
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NEGATIVE IMPACT
Phunware stock decreased by 17.41%, with a market value of $110.0 million.
The drop in PHUN's stock price may lead to negative investor sentiment, potentially impacting its stock price negatively in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
Presto Automation shares fell by 17.9%, with a market cap of $10.3 million.
The decline in PRST's stock price could deter investors, potentially leading to a short-term negative impact on its stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Aviat Networks' stock rose by 23.2% to $37.06 after Q2 earnings, with a market value of $461.6 million.
The positive reaction to AVNW's Q2 earnings suggests strong performance, likely leading to continued investor interest and a positive short-term stock price movement.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 95
POSITIVE IMPACT
MicroCloud Hologram's stock soared by 480.2%, with a market value of $52.0 million.
The significant increase in HOLO's stock price could attract more investors, potentially leading to a short-term positive impact on its stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
SMX (Security Matters) shares surged by 93.32%, with a market cap of $4.9 million.
The dramatic rise in SMX's stock price indicates strong investor interest, likely leading to a positive short-term price movement.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90