12 Information Technology Stocks Moving In Monday's Intraday Session
Portfolio Pulse from Benzinga Insights
In Monday's intraday session, notable movements were observed in the information technology sector. Phunware, BigBear.ai Holdings, Super Micro Computer, Data Storage, MicroStrategy, and Perfect were among the gainers, with Phunware leading at a 116.0% increase. On the downside, Bit Origin, Minim, Eastman Kodak, ReAlpha Tech Corp, D-Wave Quantum, and Datasea experienced declines, with Bit Origin dropping 30.0%. These movements reflect significant volatility and investor interest in the IT sector.
March 04, 2024 | 5:34 pm
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POSITIVE IMPACT
Phunware stock surged 116.0% to $15.29, with a market cap of $120.3 million.
The significant surge in Phunware's stock price indicates strong investor interest, potentially due to positive company developments or market conditions favoring tech stocks.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100
NEGATIVE IMPACT
Bit Origin shares fell 30.0% to $4.01, with a market cap of $25.2 million.
The 30.0% decline in Bit Origin's stock price suggests negative market sentiment or unfavorable news affecting the company, leading to a bearish outlook in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100