12 Communication Services Stocks Moving In Friday's After-Market Session
Portfolio Pulse from Benzinga Insights
In Friday's after-market session, several communication services stocks saw significant movements. E W Scripps and Cable One reported Q4 earnings, leading to a 5.1% and 3.15% increase in their stock prices, respectively. Other gainers included VS Media Holdings, Super League Enterprise, Iridium Comms, and FaZe Hldgs. Conversely, Fangdd Network Group, Chicken Soup for the Soul, Kartoon Studios, EverQuote, BuzzFeed, and Zedge experienced declines, with Fangdd Network Group leading the losses at 9%.
February 23, 2024 | 9:31 pm
News sentiment analysis
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NEGATIVE IMPACT
Fangdd Network Group's stock fell by 9% in the after-market session, with a market cap of $2.3 million.
The significant drop in DUO's stock price could indicate negative investor sentiment or reactions to market conditions.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Cable One's stock increased by 3.15% following their Q4 earnings announcement, with a market cap of $2.5 billion.
Cable One's stock price increase is a direct result of their Q4 earnings release, suggesting positive investor sentiment.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
E W Scripps shares rose 5.1% after reporting Q4 earnings, with a market cap of $385.8 million.
The positive movement in SSP's stock price is directly attributed to the release of their Q4 earnings, indicating a positive investor response.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90