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
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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
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