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. Datasea, Taoping, Soluna Holdings, CCSC Technology, Iris Energy, and Cleanspark were among the gainers, with Datasea leading by surging 200.7%. On the downside, BlackLine, ARB IOT Group, Focus Universal, Akamai Techs, XIAO-I, and Quantum experienced declines, with BlackLine dropping 10.8%. Earnings reports influenced several of these movements.
February 14, 2024 | 1:05 pm
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POSITIVE IMPACT
Cleanspark's stock increased by 15.85% in pre-market trading, following their Q1 earnings release 4 days ago.
Cleanspark's recent earnings report appears to have had a lasting positive impact, contributing to a significant pre-market stock price increase.
CONFIDENCE 75
IMPORTANCE 85
RELEVANCE 90
POSITIVE IMPACT
Datasea shares surged 200.7% in pre-market trading after their Q2 earnings report was released.
The significant surge in Datasea's stock price is directly attributed to the positive reception of their Q2 earnings report, indicating strong performance or outlook.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100
NEGATIVE IMPACT
Akamai Techs stock fell 5.64% in pre-market trading after their Q4 earnings report was released.
The drop in Akamai Techs' stock price is likely due to investor reactions to their Q4 earnings report, suggesting the results or future outlook did not meet expectations.
CONFIDENCE 75
IMPORTANCE 85
RELEVANCE 90
NEGATIVE IMPACT
BlackLine stock decreased by 10.8% following the release of their Q4 earnings report.
The decline in BlackLine's stock price can be attributed to investor reactions to their Q4 earnings report, possibly indicating less favorable results or outlook.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100