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. Viant Technology, Phunware, CommScope Holding Co, Casa Systems, Sonim Technologies, and Intrusion experienced gains, with Viant Technology leading at an 8.9% increase following their Q4 earnings report. Conversely, GitLab, SEMrush Holdings, ARB IOT Group, MicroStrategy, Presto Automation, and inTest faced declines, with GitLab dropping 11.6% after their Q4 earnings announcement.
March 04, 2024 | 9:32 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
GitLab shares fell 11.6% to $65.85 after their Q4 earnings were announced, with a market cap of $10.2 billion.
The decline in GitLab's stock price can be directly linked to their Q4 earnings announcement, suggesting the results may have not met investor expectations.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
SEMrush Holdings shares dropped 7.7% to $12.0 following their Q4 earnings announcement, with a market value of $1.7 billion.
SEMrush Holdings' stock price decline is a direct consequence of their Q4 earnings release, likely indicating disappointing results or outlook.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Viant Technology shares surged 8.9% to $10.0 after their Q4 earnings report, with a market value of $155.4 million.
The positive movement in Viant Technology's stock price is directly attributed to the release of their Q4 earnings report, indicating strong performance or better-than-expected results.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90