11 Communication Services Stocks Moving In Monday's After-Market Session
Portfolio Pulse from Benzinga Insights
In Monday's after-market session, several Communication Services stocks experienced notable movements. HWH International, Stran & Co, TrueCar, Urban One, and Cineverse were among the gainers, with increases ranging from 4.68% to 11.2%. On the downside, Gamer Pakistan, PLAYSTUDIOS, Sify Technologies, Global Mofy Metaverse, AirNet Technology, and Brera Holdings saw declines between 3.02% and 4.6%. PLAYSTUDIOS' drop was highlighted by the release of their Q4 earnings.
March 11, 2024 | 9:34 pm
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POSITIVE IMPACT
Cineverse stock increased by 4.68% to $1.34, with a market value of $17.8 million.
Cineverse's after-market gain suggests a positive sentiment that could drive short-term price appreciation.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
POSITIVE IMPACT
HWH International stock rose by 11.2% in after-market trading, with a market value of $27.2 million.
The significant after-market gain suggests positive investor sentiment, potentially leading to short-term upward price momentum.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
POSITIVE IMPACT
Stran & Co shares increased by 7.91% to $1.5, with a market value of $27.8 million.
The after-market rise indicates a positive outlook from investors, likely to influence short-term price growth.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
POSITIVE IMPACT
TrueCar shares rose 4.9% to $3.85, with a market cap of $351.0 million.
The increase in TrueCar's shares suggests investor confidence, potentially leading to further short-term gains.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
POSITIVE IMPACT
Urban One shares increased by 4.83% to $2.6, with a market cap of $127.0 million.
The positive movement in Urban One's stock price could indicate a bullish short-term outlook among investors.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
NEGATIVE IMPACT
PLAYSTUDIOS shares decreased by 4.55% to $2.1 after Q4 earnings release, with a market cap of $281.4 million.
The decline following the Q4 earnings release suggests a negative market reaction, likely impacting short-term stock performance.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 95