12 Communication Services Stocks Moving In Monday's After-Market Session
Portfolio Pulse from Benzinga Insights
In Monday's after-market session, several Communication Services stocks showed notable movements. National CineMedia (NCMI) led the gainers with a 13.7% increase following their Q4 earnings release. Other gainers included VS Media Holdings (VSME), Collective Audience (CAUD), Cumulus Media (CMLS), EchoStar (SATS), and Blue Hat Interactive (BHAT). On the losing side, Outbrain (OB) topped the list with a 5.9% decrease, followed by Treasure Global (TGL), DouYu Intl Hldgs (DOYU), Society Pass (SOPA), GD Culture Group (GDC), and Pop Culture Gr (CPOP).
March 18, 2024 | 9:33 pm
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POSITIVE IMPACT
National CineMedia saw a 13.7% increase in its stock price to $4.8 after announcing Q4 earnings.
The significant increase in NCMI's stock price is directly attributed to the positive reception of their Q4 earnings report, indicating strong performance or better-than-expected results.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
EchoStar's stock price went up by 5.03% to $13.34, indicating positive market movement.
The increase in SATS's stock price could be due to positive developments within the company or favorable industry news, reflecting investor confidence.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
VS Media Holdings experienced a 9.84% increase in stock price to $0.39.
VSME's stock price increase suggests positive investor sentiment or favorable news, though specific details are not provided.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Outbrain's stock price decreased by 5.9% to $3.5, leading the losers in Monday's after-market session.
The decrease in OB's stock price could be attributed to negative market sentiment or potentially disappointing news related to the company, leading to a sell-off.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 90