12 Information Technology Stocks Moving In Friday's After-Market Session
Portfolio Pulse from Benzinga Insights
In Friday's after-market session, several Information Technology stocks showed notable movements. Amtech Systems (ASYS) and Verb Tech (VERB) were among the gainers, with ASYS reporting a 6.4% increase following their Q1 earnings release, and VERB rising by 5.1%. EMCORE (EMKR) also gained, up 4.71% after its Q1 earnings report. On the losing side, Applied Digital (APLD) dropped 10.2%, while Taoping (TAOP) and Casa Systems (CASA) saw declines of 7.21% and 6.61%, respectively. Other notable movements included Nutanix (NTNX), Akoustis Technologies (AKTS), X3 Holdings (XTKG), Argo Blockchain (ARBK), Auddia (AUUD), and BTCS (BTCS).
February 09, 2024 | 9:30 pm
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NEGATIVE IMPACT
Applied Digital shares fell 10.2% to $4.74, with a market cap of $578.4 million.
The significant drop in APLD shares could indicate market concerns or reactions to external factors not detailed in the article.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Amtech Systems stock rose by 6.4% to $3.66 after announcing Q1 earnings.
The positive movement in ASYS stock is directly tied to the announcement of their Q1 earnings, indicating investor optimism.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Verb Tech shares increased by 5.1% to $0.15, with a market cap of $3.1 million.
The increase in VERB shares suggests positive market reaction, possibly due to speculative trading given its low market cap.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80