12 Information Technology Stocks Moving In Tuesday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
In Tuesday's pre-market session, several Information Technology stocks showed significant movement. Infobird Co led the gainers with a 131.2% increase, while Thoughtworks Holding experienced the largest drop among the losers, decreasing by 27.1%. The movements were largely attributed to recent earnings releases and market capitalization adjustments.
February 27, 2024 | 1:06 pm
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NEGATIVE IMPACT
Thoughtworks Holding shares fell 27.1% in pre-market trading, with a market cap of $1.0 billion, following their Q4 earnings release.
The drop in Thoughtworks Holding's stock price following its Q4 earnings release suggests a negative market reaction, likely leading to a short-term negative impact.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100
NEGATIVE IMPACT
Unity Software shares decreased by 15.26% to $28.0, with a market cap of $10.6 billion, following their Q4 earnings release.
Unity Software's stock price decline after Q4 earnings indicates a negative investor response, suggesting a short-term negative impact on its stock price.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Infobird Co shares surged 131.2% in pre-market trading, with a market value of $68.3 million.
The significant surge in Infobird Co's stock price could attract more investors, potentially leading to a short-term positive impact on its stock price.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100