12 Information Technology Stocks Moving In Friday's Intraday Session
Portfolio Pulse from Benzinga Insights
In Friday's intraday session, notable movements were observed in the Information Technology sector. MMTEC and Minim saw significant gains, while NCR Voyix and SoundHound AI experienced notable declines. Dell Technologies, Everbridge, and NetApp also reported substantial increases following their earnings reports.
March 01, 2024 | 5:34 pm
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NEGATIVE IMPACT
SoundHound AI stock decreased by 14.96% to $6.31 after their Q4 earnings announcement.
The post-earnings drop in SoundHound AI's stock indicates a negative market response, suggesting potential short-term downward pressure.
CONFIDENCE 80
IMPORTANCE 80
RELEVANCE 85
NEGATIVE IMPACT
NCR Voyix stock declined by 19.7% to $11.73 following their Q4 earnings release.
The decline in NCR Voyix's stock price post-earnings suggests the market's negative reaction to their financial performance, potentially leading to further short-term downside.
CONFIDENCE 85
IMPORTANCE 85
RELEVANCE 90
POSITIVE IMPACT
Dell Technologies shares increased by 28.3% to $121.45 following their Q4 earnings report.
The positive reaction to Dell's Q4 earnings report suggests strong financial performance, likely leading to continued investor interest in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 95
POSITIVE IMPACT
Minim stock rose 31.28% to $5.65, with a market cap of $16.3 million.
The significant gain in Minim's stock could indicate investor confidence, potentially leading to further short-term gains.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 85
POSITIVE IMPACT
MMTEC shares surged 134.5% to $3.05, with a market cap of $607.1 million.
The substantial increase in MMTEC's stock price could attract more investors, potentially leading to a short-term positive momentum.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90