12 Information Technology Stocks Moving In Tuesday's Intraday Session
Portfolio Pulse from Benzinga Insights
In Tuesday's intraday session, several Information Technology stocks showed significant movement. ARB IOT Group and MicroCloud Hologram were among the top gainers, with shares rising 93.5% and 75.7% respectively. NETSOL Technologies also saw a notable increase after announcing Q2 earnings. On the downside, Gryphon Digital Mining and Teradata were among the biggest losers, with shares dropping 31.9% and 23.08% respectively. Teradata's decline followed its Q4 earnings release, while ARM Holdings saw a decrease after its Q3 earnings report.
February 13, 2024 | 5:31 pm
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NEGATIVE IMPACT
Gryphon Digital Mining's shares fell 31.9% to $2.79, with a market cap of $50.3 million.
The significant drop in Gryphon Digital Mining's stock price could indicate negative market sentiment or disappointing company news.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100
NEGATIVE IMPACT
Teradata's shares declined 23.08% to $37.53 following its Q4 earnings release, with a market cap of $3.6 billion.
The decline in Teradata's stock price post-Q4 earnings suggests the market's negative reaction to the financial results or future outlook.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 90
POSITIVE IMPACT
ARB IOT Group's shares surged 93.5% to $2.98, with a market cap of $78.7 million.
The significant rise in ARB IOT Group's stock price indicates strong investor interest, potentially due to positive market sentiment or company-specific news.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
MicroCloud Hologram's shares increased by 75.7% to $30.01, with a market cap of $178.2 million.
The sharp increase in MicroCloud Hologram's stock price could be driven by investor optimism or recent positive developments within the company.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100
POSITIVE IMPACT
NETSOL Technologies' shares rose 22.6% to $2.82 after announcing Q2 earnings, with a market cap of $32.0 million.
NETSOL Technologies' stock price increase following its Q2 earnings announcement suggests positive investor reaction to the financial results.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90