12 Communication Services Stocks Moving In Monday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
In Monday's pre-market session, several communication services stocks showed notable movements. Gainers included NFT (MI), Gaxos.AI (GXAI), Beasley Broadcast Group (BBGI), Altice USA (ATUS), Treasure Global (TGL), and TuanChe (TC) with increases ranging from 5.34% to 11.7%. Losers were WiMi Hologram Cloud (WIMI), BuzzFeed (BZFD), Baosheng Media Gr (BAOS), LQR House (LQR), Entravision Comms (EVC), and MoneyHero (MNY), with decreases ranging from 4.35% to 9.0%. Beasley Broadcast Group's rise was attributed to its Q4 earnings release.
February 12, 2024 | 1:06 pm
News sentiment analysis
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NEGATIVE IMPACT
BuzzFeed (BZFD) shares declined by 8.63% to $0.17, with a market cap of $25.8 million.
The pre-market decrease indicates negative market sentiment, potentially leading to short-term stock price decline.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 90
NEGATIVE IMPACT
WiMi Hologram Cloud (WIMI) stock fell 9.0% to $0.89, with a market value of $77.3 million.
The pre-market decline suggests negative investor sentiment, likely leading to short-term depreciation.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 90
POSITIVE IMPACT
Altice USA (ATUS) shares increased by 6.86% to $2.18, with a market value of $991.3 million.
The pre-market gain indicates positive market sentiment, potentially leading to short-term stock price growth.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 90
POSITIVE IMPACT
Beasley Broadcast Group (BBGI) shares up 6.98% to $0.89 after Q4 earnings, with a market value of $26.6 million.
The rise following Q4 earnings suggests positive investor response to financial results, likely leading to short-term appreciation.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 95
POSITIVE IMPACT
Gaxos.AI (GXAI) shares increased by 8.91% to $0.23, with a market value of $2.7 million.
The pre-market increase suggests a positive outlook, possibly leading to short-term upward movement.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 90
POSITIVE IMPACT
NFT (MI) shares rose 11.7% to $0.19, with a market value of $6.6 million.
The significant pre-market rise indicates positive investor sentiment, potentially leading to short-term gains.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 90