12 Information Technology Stocks Moving In Wednesday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
In Wednesday's pre-market session, 12 Information Technology stocks showed significant movements. Gainers included Minim, Nano Labs, MicroCloud Hologram, MariaDB, AEye, and CISO Global with increases ranging from 8.03% to 39.3%. Losers were Luna Innovations, ReAlpha Tech Corp, Bit Origin, Socket Mobile, Identiv, and Phunware, with declines between 6.26% and 23.3%. Notably, Nano Labs, Identiv, and Phunware had their Q4 earnings reports released.
March 13, 2024 | 1:05 pm
News sentiment analysis
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NEGATIVE IMPACT
Identiv stock fell 8.71% to $6.5, with a market cap of $150.6 million, following their Q4 earnings report.
The negative reaction to Identiv's Q4 earnings report suggests concerns among investors, likely leading to short-term stock depreciation.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 95
NEGATIVE IMPACT
Luna Innovations stock fell 23.3% to $4.8, with a market value of $166.5 million.
The sharp decline in Luna Innovations' stock price could indicate negative market sentiment, likely affecting the stock negatively in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
Phunware stock declined by 6.26% to $9.75, with a market value of $76.7 million, following their Q4 earnings report.
The decline in Phunware's stock post-Q4 earnings indicates investor disappointment, potentially leading to short-term negative impact.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 95
POSITIVE IMPACT
Minim shares surged 39.3% in pre-market trading, with a market value of $20.1 million.
The significant pre-market surge in Minim's stock price indicates strong investor interest, likely driving short-term positive momentum.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Nano Labs shares rose 16.66% to $2.17, with a market cap of $141.7 million following their Q4 earnings report.
The positive reaction to Nano Labs' Q4 earnings report suggests favorable investor sentiment, potentially leading to short-term stock appreciation.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 95