12 Information Technology Stocks Moving In Friday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
In Friday's pre-market session, several Information Technology stocks showed significant movement. Gainers included GRIID Infrastructure, Intellicheck, MariaDB, My Size, UTStarcom Holdings, and Materialise, with increases ranging from 7.63% to 26.4%. On the losing side, Abits Group, Bit Origin, SMX, Canaan, SoundHound AI, and MMTEC saw declines between 6.09% and 14.1%. Notably, Intellicheck's rise followed its Q4 earnings report.

March 22, 2024 | 1:06 pm
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POSITIVE IMPACT
GRIID Infrastructure stock rose by 26.4% to $1.39, with a market value of $91.2 million.
The significant pre-market rise indicates strong investor interest, likely to positively impact short-term stock performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Intellicheck stock increased by 18.28% to $2.07 following its Q4 earnings report, with a market cap of $40.0 million.
The positive reaction to the Q4 earnings report suggests strong results, driving investor optimism and likely boosting short-term stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 95
POSITIVE IMPACT
MariaDB shares increased by 9.12% to $0.22, with a market cap of $14.9 million.
The rise in MariaDB's stock indicates positive market sentiment, potentially leading to short-term gains.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Materialise stock rose by 7.63% to $5.5, with a market value of $324.8 million.
The increase in Materialise's stock suggests a positive market outlook, potentially leading to short-term stock gains.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
My Size shares rose by 8.26% to $0.5, with a market value of $2.3 million.
The increase in My Size's stock suggests investor confidence, potentially leading to short-term positive performance.
CONFIDENCE 80
IMPORTANCE 65
RELEVANCE 75
POSITIVE IMPACT
UTStarcom Holdings stock increased by 7.69% to $2.8, with a market cap of $26.1 million.
The pre-market rise in UTStarcom Holdings' stock indicates positive investor sentiment, likely leading to short-term gains.
CONFIDENCE 80
IMPORTANCE 65
RELEVANCE 75