12 Information Technology Stocks Moving In Monday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
In Monday's pre-market session, several Information Technology stocks showed significant movement. Ascent Solar Technologies, MicroCloud Hologram, Peraso, Meta Materials, Rimini Street, and HashiCorp were among the gainers, with increases ranging from 7.59% to 58.6%. On the downside, Banzai International, Mawson Infra Gr, Gryphon Digital Mining, BIT Mining, KVH Industries, and XIAO-I experienced declines between 4.82% and 8.7%. BIT Mining's drop was highlighted alongside its Q4 earnings report release.
February 26, 2024 | 1:05 pm
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POSITIVE IMPACT
Ascent Solar Technologies shares surged 58.6% to $0.96, with a market cap of $3.6 million.
The significant pre-market surge in ASTI shares indicates strong investor interest, likely driving short-term price momentum upwards.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
MicroCloud Hologram shares rose 21.63% to $8.04, with a market cap of $47.7 million.
The sharp rise in HOLO shares suggests positive investor sentiment, potentially leading to further short-term gains.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 90
NEGATIVE IMPACT
BIT Mining shares decreased by 6.01% to $3.6 following its Q4 earnings report, with a market cap of $40.0 million.
The decline in BTCM shares post-Q4 earnings suggests the market's negative reaction to the report, likely affecting short-term price direction negatively.
CONFIDENCE 95
IMPORTANCE 85
RELEVANCE 95