12 Information Technology Stocks Moving In Monday's Intraday Session
Portfolio Pulse from Benzinga Insights
In Monday's intraday session, several Information Technology stocks experienced significant movements. Notable gainers included Bit Origin, Airship AI Holdings, AuthID, Mercurity Fintech Holding, AEye, and Sequans Communications, with increases ranging from 13.33% to 17.1%. On the downside, Luna Innovations, MicroStrategy, SMX (Security Matters), MicroCloud Hologram, Data Storage, and MMTEC saw declines between 11.82% and 17.4%. These movements reflect notable volatility within the IT sector, impacting the market value of these companies.
March 18, 2024 | 5:31 pm
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NEGATIVE IMPACT
MicroStrategy's stock declined by 17.16% to $1476.67, with a market cap of $25.0 billion.
MicroStrategy's significant stock price decline could reflect market reactions to company-specific news or broader market trends affecting tech stocks.
CONFIDENCE 80
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Bit Origin's stock rose by 17.1% to $5.32, with a market cap of $33.4 million.
The significant rise in Bit Origin's stock price indicates strong investor interest, potentially due to positive company developments or broader sector movements.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90