12 Information Technology Stocks Moving In Thursday's After-Market Session
Portfolio Pulse from Benzinga Insights
In Thursday's after-market session, several information technology stocks showed significant movement. Dell Technologies, NetApp, and Autodesk reported their quarterly earnings, leading to substantial gains in their stock prices. Conversely, SoundHound AI, Inuvo, and BigBear.ai Holdings experienced declines following their earnings reports. Other notable movers included WiSA Technologies, GSE Systems, Argo Blockchain, Arlo Technologies, Ostin Technology Group, and Peraso.
February 29, 2024 | 9:31 pm
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POSITIVE IMPACT
Autodesk stock increased by 6.53% to $275.05 due to its Q4 earnings release.
The increase in Autodesk's stock price is linked to its Q4 earnings report, indicating a positive market reaction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Dell Technologies stock rose 16.1% to $109.95 after Q4 earnings were announced.
The significant rise in Dell's stock price is directly attributed to its Q4 earnings report, indicating strong performance or better-than-expected results.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
NetApp shares moved upwards by 13.22% to $100.91 following the release of Q3 earnings.
NetApp's stock price increase is a direct response to its Q3 earnings announcement, suggesting positive performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
BigBear.ai Holdings shares decreased by 8.34% to $3.08 after its earnings report.
The decrease in BigBear.ai Holdings' stock price is attributed to its earnings report, indicating a negative investor response.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
Inuvo stock decreased by 13.93% to $0.44 following its Q4 earnings release.
Inuvo's stock price drop is directly related to its Q4 earnings announcement, suggesting negative market reaction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
SoundHound AI shares fell 16.3% to $6.21 after its Q4 earnings were announced.
The decline in SoundHound AI's stock price is a direct consequence of its Q4 earnings report, likely indicating underperformance or disappointing results.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90