12 Information Technology Stocks Moving In Monday's After-Market Session
Portfolio Pulse from Benzinga Insights
In Monday's after-market session, several Information Technology stocks showed significant movement. Zoom Video Communications (ZM) led the gainers with a 12.2% increase following their Q4 earnings release. Other notable gainers included Banzai International (BNZI), Synchronoss Technologies (SNCR), and Aware (AWRE). On the losing side, Unity Software (U) experienced a 16% drop after their Q4 earnings report, followed by declines in PowerSchool Holdings (PWSC), Ascent Solar Technologies (ASTI), and others.

February 26, 2024 | 9:31 pm
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POSITIVE IMPACT
Zoom Video Communications shares surged 12.2% after announcing Q4 earnings, indicating strong performance.
The significant increase in Zoom's stock price is directly related to the positive reception of their Q4 earnings report. This suggests investor confidence in the company's financial health and future prospects.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 90
NEGATIVE IMPACT
PowerSchool Holdings experienced a 12.58% decrease in stock price after their Q4 earnings, suggesting potential investor dissatisfaction.
The decline in PowerSchool Holdings' stock price post-Q4 earnings could indicate that the earnings report did not meet investor expectations or raised concerns about the company's future growth.
CONFIDENCE 75
IMPORTANCE 75
RELEVANCE 80
NEGATIVE IMPACT
Unity Software's stock declined 16% following their Q4 earnings report, reflecting investor concerns.
Unity Software's significant stock price drop post-Q4 earnings indicates investor disappointment or concern over the company's reported financials or future outlook.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 90