12 Information Technology Stocks Moving In Wednesday's After-Market Session
Portfolio Pulse from Benzinga Insights
In Wednesday's after-market session, several Information Technology stocks showed significant movement. Presto Automation (PRST) led the gainers with a 50.1% increase, while SentinelOne (S) experienced the largest drop among the losers, declining by 11.4%. Notably, Turtle Beach (HEAR) and SentinelOne (S) released their Q4 earnings reports, influencing their stock movements.
March 13, 2024 | 9:32 pm
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POSITIVE IMPACT
Turtle Beach stock rose 21.94% to $13.45 following their Q4 earnings report.
The positive movement in HEAR's stock price post-Q4 earnings suggests the market reacted favorably to their financial results.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 90
POSITIVE IMPACT
Presto Automation stock surged 50.1% to $0.34, with a market cap of $30.3 million.
The significant surge in PRST's stock price, especially in the after-market session, indicates strong investor interest, potentially due to positive developments or expectations.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
SentinelOne stock fell 11.4% to $24.76 after their Q4 earnings were announced.
The decline in S's stock price following the Q4 earnings release indicates a negative market reaction to their financial performance or outlook.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 90