12 Communication Services Stocks Moving In Thursday's After-Market Session
Portfolio Pulse from Benzinga Insights
In Thursday's after-market session, several Communication Services stocks experienced notable movements. Gainers included Treasure Global (TGL), Lytus Technologies Holdings (LYT), Taboola.com (TBLA), Chicken Soup for the Soul (CSSE), DHI Group (DHX), and Grindr (GRND), with increases ranging from 3.32% to 6.2%. Losers were led by Grom Social Enterprises (GROM), Asset Entities (ASST), Brera Holdings (BREA), MultiMetaVerse Holdings (MMV), Nextdoor Holdings (KIND), and Anghami (ANGH), with declines between 2.92% and 7.9%. Grindr's stock rise was attributed to its Q4 earnings release.
March 07, 2024 | 9:31 pm
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NEGATIVE IMPACT
Grom Social Enterprises shares fell 7.9% to $1.17, with a market value of $2.3 million.
The notable after-market decline suggests negative investor sentiment, potentially leading to short-term price depreciation.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 90
POSITIVE IMPACT
Grindr stock increased by 3.32% to $9.0, with a market value of $1.5 billion, following its Q4 earnings release.
The positive reaction to Grindr's Q4 earnings indicates strong performance or outlook, likely driving short-term investor interest and stock price increase.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 95
POSITIVE IMPACT
Treasure Global shares rose by 6.2% to $5.35, with a market value of $5.9 million.
The significant after-market gain suggests positive investor sentiment, potentially leading to short-term price appreciation.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 90