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. ATN International (ATNI) led the gainers with a 27.8% increase following its Q4 earnings report. Other notable gainers included Nextdoor Holdings (KIND), GDEV, Chicken Soup for the Soul (CSSEP), Gaxos.AI (GXAI), and MoneyHero (MNY). On the losing side, Pop Culture Gr (CPOP) and Treasure Global (TGL) saw the largest declines, while Gray Television (GTN) also dropped significantly after its Q4 earnings release. Sound Group (SOGP) and FaZe Hldgs (FAZE) were among other notable losers.
February 23, 2024 | 5:31 pm
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POSITIVE IMPACT
ATN International surged 27.8% after its Q4 earnings, indicating strong performance.
The significant rise in ATNI's stock price is directly linked to its recent Q4 earnings report, suggesting positive investor reaction to the company's financial performance.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
Pop Culture Gr experienced a 32% drop, leading the losers in Friday's session, indicating significant market disapproval.
The drastic decline in CPOP's stock price suggests a strong negative reaction from the market, possibly due to internal company issues or broader market trends.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Gray Television's stock fell over 20% after its Q4 earnings were released, indicating a negative market reaction.
Gray Television's significant stock price decline is a direct consequence of its Q4 earnings release, reflecting investor disappointment or concerns over the company's financial health.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
Treasure Global's shares declined by 26.34%, reflecting significant investor concern or dissatisfaction.
Treasure Global's notable stock price drop could be attributed to negative investor sentiment, possibly due to disappointing company performance or market conditions.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80