12 Communication Services Stocks Moving In Friday's After-Market Session
Portfolio Pulse from Benzinga Insights
In Friday's after-market session, several Communication Services stocks showed notable movements. Fangdd Network Group (DUO) led the gainers with a 71.9% increase, while Sound Group (SOGP) experienced the largest drop among the losers, falling by 5.7%. Other notable companies include Grom Social Enterprises (GROM), PLAYSTUDIOS (MYPS), and Altice USA (ATUS) with varying degrees of gains and losses.
March 08, 2024 | 9:31 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Fangdd Network Group's stock soared by 71.9% to $1.04, with a market cap of $3.9 million.
The significant surge in DUO's stock price could attract more investor attention and potentially lead to short-term momentum.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Grom Social Enterprises shares rose 6.54% to $1.14, with a market cap of $2.2 million.
GROM's positive movement could suggest investor confidence, potentially leading to further short-term gains.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 90
POSITIVE IMPACT
PLAYSTUDIOS stock increased by 4.2% to $2.23, with a market cap of $298.8 million.
The gain in MYPS's stock could reflect positive investor sentiment towards the company's prospects, supporting short-term growth.
CONFIDENCE 75
IMPORTANCE 75
RELEVANCE 90
NEGATIVE IMPACT
Altice USA shares decreased by 3.28% to $2.66, with a market cap of $1.2 billion.
The decrease in ATUS's stock price might be due to market reactions to recent company news or sector trends, impacting short-term performance.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 90
NEGATIVE IMPACT
Sound Group's stock fell by 5.7% to $3.3, with a market value of $17.4 million.
The decline in SOGP's stock price could indicate negative sentiment or reactions to recent news, affecting short-term performance.
CONFIDENCE 80
IMPORTANCE 80
RELEVANCE 100