12 Information Technology Stocks Moving In Monday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
In Monday's pre-market session, 12 Information Technology stocks showed significant movement. Gainers included Verb Tech, AEye, MultiSensor AI Holdings, OMNIQ, MariaDB, and HashiCorp with increases ranging from 11.32% to 24.1%. Losers were MMTEC, Focus Universal, WaveDancer, Vislink Technologies, Information Servs Gr, and Varonis Systems, with decreases between 4.99% and 10.0%.
March 18, 2024 | 1:05 pm
News sentiment analysis
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NEGATIVE IMPACT
Focus Universal stock fell 9.57% to $0.48, with a market cap of $31.1 million.
Focus Universal's pre-market decline suggests potential concerns among investors, possibly due to company-specific issues or broader market trends.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
MMTEC stock decreased by 10.0% to $1.98, with a market cap of $394.3 million.
The 10% pre-market decrease in MTC's stock price could reflect negative investor sentiment or adverse company news, impacting its short-term performance.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
AEye stock rose 21.73% to $1.4, with a market cap of $8.7 million.
AEye's significant pre-market gain suggests positive sentiment among investors, possibly driven by favorable news or industry trends.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Verb Tech shares surged 24.1% to $0.55, with a market cap of $11.6 million.
The substantial pre-market increase in VERB's stock price indicates strong investor interest, potentially due to positive company developments or market conditions favoring tech stocks.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90