12 Information Technology Stocks Moving In Wednesday's Intraday Session
Portfolio Pulse from Benzinga Insights
In Wednesday's intraday session, several Information Technology stocks experienced significant movements. Notably, SMX, AEye, Edgio, TeraWulf, Oblong, and Cemtrex saw their stock prices increase, with TeraWulf's rise attributed to its Q4 earnings report. Conversely, Airship AI Holdings, XTI Aerospace, WaveDancer, Semilux International, VIA optronics, and Auddia faced declines in their stock prices.
March 20, 2024 | 5:31 pm
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POSITIVE IMPACT
AEye stock increased by 34.28% to $1.41, with a market cap of $8.8 million.
The substantial rise in AEye's stock price could reflect investor optimism or reaction to company-specific news.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
POSITIVE IMPACT
SMX shares surged 42.9% to $0.2, with a market cap of $5.5 million.
The significant price surge indicates strong investor interest, potentially due to positive developments or market sentiment.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
POSITIVE IMPACT
TeraWulf's stock rose 24.37% to $2.14, with a market cap of $638.7 million, following its Q4 earnings report.
The increase in TeraWulf's stock price is directly linked to its Q4 earnings report, indicating positive investor reception.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 95
NEGATIVE IMPACT
Airship AI Holdings shares fell 22.9% to $9.85, with a market cap of $224.6 million.
The decline in Airship AI Holdings' stock price suggests negative market sentiment or reactions to recent company developments.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
NEGATIVE IMPACT
VIA optronics shares decreased by 11.01% to $0.81, with a market value of $18.4 million.
The drop in VIA optronics' stock price could be due to investor concerns or negative market trends affecting the company.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90