12 Communication Services Stocks Moving In Friday's Intraday Session
Portfolio Pulse from Benzinga Insights
In Friday's intraday session, several communication services stocks experienced significant movements. Gaxos.AI, Pop Culture Gr, MoneyHero, WiMi Hologram Cloud, and Trade Desk were among the gainers, with Gaxos.AI leading with a 307.8% increase. On the downside, Roku, Telephone and Data, 9F, United States Cellular, BuzzFeed, and Yelp saw declines, with Roku dropping 23.6%. Earnings reports influenced many of these movements, notably for Trade Desk, Roku, Telephone and Data, United States Cellular, and Yelp.
February 16, 2024 | 5:31 pm
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NEGATIVE IMPACT
Roku stock declined by 23.6% to $72.19 after its Q4 earnings report, with a market cap of $10.2 billion.
Roku's significant stock price decline following its Q4 earnings report suggests the market reacted negatively to its financial results or future outlook.
CONFIDENCE 90
IMPORTANCE 95
RELEVANCE 90
NEGATIVE IMPACT
Telephone and Data shares fell 23.08% to $14.19 after its Q4 earnings, with a market cap of $1.6 billion.
The decline in Telephone and Data's stock price post-Q4 earnings indicates a negative market response to its financial performance or outlook.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 90
NEGATIVE IMPACT
United States Cellular's stock decreased by 15.23% to $35.37 after its Q4 earnings, with a market cap of $3.0 billion.
The drop in United States Cellular's stock price following its Q4 earnings report suggests a negative investor reaction to the company's financial results.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 90
NEGATIVE IMPACT
Yelp's stock decreased by 14.76% to $37.84 after its Q4 earnings, with a market cap of $2.5 billion.
Yelp's stock price decline post-Q4 earnings indicates a negative market response to its financial performance or future projections.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 90
POSITIVE IMPACT
Gaxos.AI shares surged 307.8% to $1.04, with a market cap of $12.3 million.
The significant surge in Gaxos.AI's stock price, without specific news in the article, suggests a highly positive market reaction possibly to recent developments or speculative trading.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Trade Desk shares rose 18.95% to $90.06 following their Q4 earnings report, with a market cap of $44.1 billion.
The positive movement in Trade Desk's stock price following its Q4 earnings report indicates a favorable investor response to the company's financial performance.
CONFIDENCE 90
IMPORTANCE 95
RELEVANCE 90