12 Information Technology Stocks Moving In Friday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
In Friday's pre-market session, several information technology stocks showed significant movement. Auddia, Porch Group, and Rubicon Technologies were among the top gainers, with their stocks rising due to recent Q4 earnings reports. Conversely, BigBear.ai Holdings, MultiSensor AI Holdings, and Domo experienced notable declines, also influenced by their Q4 earnings outcomes.
March 08, 2024 | 1:09 pm
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POSITIVE IMPACT
Auddia's stock rose by 29.5% to $4.26, with a market cap of $3.4 million.
The significant rise in Auddia's stock price could be attributed to positive investor sentiment following recent company developments or earnings reports.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Porch Group's shares increased by 28.29% to $3.99, with a market value of $394.5 million after Q4 earnings.
Porch Group's stock price increase is likely due to positive reactions to its Q4 earnings report, indicating strong financial performance.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
BigBear.ai Holdings' shares fell 17.8% to $3.09, with a market value of $678.0 million after Q4 earnings.
The decline in BigBear.ai Holdings' stock price could be due to disappointing Q4 earnings, leading to negative investor sentiment.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
Domo's stock declined by 12.86% to $9.9, with a market value of $362.5 million after Q4 earnings.
Domo's stock price decrease is likely a result of investor disappointment with its Q4 earnings report, reflecting concerns over its financial health.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90