12 Information Technology Stocks Moving In Thursday's Intraday Session
Portfolio Pulse from Benzinga Insights
In Thursday's intraday session, several Information Technology stocks experienced significant movements. Notably, CompoSecure, Dave, OneSpan, GSI Technology, GSE Systems, and SoundHound AI saw substantial gains, largely attributed to their recent Q4 earnings reports. Conversely, Methode Electronics, Infobird Co, MMTEC, Airship AI Holdings, CPS Technologies, and Cyngn faced declines, with earnings reports influencing several of these movements.
March 07, 2024 | 5:31 pm
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NEGATIVE IMPACT
CPS Technologies' shares fell 18.66% to $2.05 after its Q4 earnings report.
CPS Technologies' stock decline is a direct result of its Q4 earnings report, reflecting investor dissatisfaction with the company's financial performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
Methode Electronics' shares dropped 36.2% to $13.41 following its Q3 earnings release.
The decline in Methode Electronics' stock is closely linked to its Q3 earnings announcement, indicating a negative market reaction to its financial outcomes.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
CompoSecure's stock surged 36.2% to $6.4 following its Q4 earnings report.
The significant increase in CompoSecure's stock price is directly attributed to its recent Q4 earnings report, indicating a positive investor response to the company's financial performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Dave's stock rose 22.58% to $38.76, buoyed by its Q4 earnings report released two days ago.
Dave's stock appreciation is a direct consequence of its Q4 earnings report, suggesting strong financial health and investor confidence.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90