12 Communication Services Stocks Moving In Friday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
In Friday's pre-market session, several communication services stocks showed significant movement. Pop Culture Gr (CPOP) led the gainers with a 272.9% increase, while Trade Desk (TTD) also saw a notable rise of 18.68% following their Q4 earnings release. On the losing side, Roku (ROKU) experienced a 16.7% decrease after their Q4 earnings, and Yelp (YELP) dropped by 9.89%. Other stocks mentioned include MultiMetaVerse Holdings (MMV), Leafly Holdings (LFLY), AirNet Technology (ANTE), Grom Social Enterprises (GROM), Brera Holdings (BREA), Arena Group Holdings (AREN), ZW Data Action Tech (CNET), and Cheer Holding (CHR).
February 16, 2024 | 1:06 pm
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NEGATIVE IMPACT
Roku (ROKU) stock decreased by 16.7% to $78.7 during Friday's pre-market session after their Q4 earnings were released.
The decline in ROKU's stock price post-Q4 earnings suggests the market's negative reaction to the financial results, potentially leading to short-term bearish sentiment.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100
NEGATIVE IMPACT
Yelp (YELP) shares decreased by 9.89% to $40.0, with a market cap of $2.7 billion, following their Q4 earnings release.
YELP's stock price drop after Q4 earnings indicates investor disappointment or concerns, potentially affecting short-term performance.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Pop Culture Gr (CPOP) stock surged 272.9% to $4.96 in Friday's pre-market session, with a market cap of $12.0 million.
The significant surge in CPOP's stock price could attract more investor attention, potentially leading to short-term price volatility.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Trade Desk (TTD) shares rose 18.68% to $89.86, with a market cap of $44.0 billion, following their Q4 earnings release.
Positive Q4 earnings likely contributed to the stock's rise, indicating strong performance and potentially more gains.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100