12 Information Technology Stocks Moving In Friday's After-Market Session
Portfolio Pulse from Benzinga Insights
In Friday's after-market session, several Information Technology stocks showed notable movements. Intellicheck (IDN) led the gainers with a 7.5% increase following its Q4 earnings release, while Meta Materials (MMAT) experienced the largest drop among the losers, declining by 6.3%. Other notable movers included Cemtrex (CETX), Hitek Global (HKIT), Indie Semiconductor (INDI), and Smith Micro Software (SMSI) on the gainers' side, and MariaDB (MRDB), My Size (MYSZ), Bridgeline Digital (BLIN), CalAmp (CAMP), and Arqit Quantum (ARQQ) among the losers.
March 22, 2024 | 9:32 pm
News sentiment analysis
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POSITIVE IMPACT
Cemtrex's shares increased by 5.98% to $4.48, indicating positive market response.
Cemtrex's stock price increase suggests a positive investor response, potentially due to company developments or favorable market conditions.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Hitek Global's stock rose by 4.69% to $1.56, reflecting investor optimism.
The increase in Hitek Global's stock price may be attributed to positive investor sentiment, possibly driven by company news or broader market trends.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Intellicheck's stock rose by 7.5% to $3.29 after announcing its Q4 earnings, indicating positive investor response.
The increase in Intellicheck's stock price is likely due to positive investor sentiment following the company's Q4 earnings announcement. Earnings reports are critical events that can significantly impact stock prices.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Indie Semiconductor's shares increased by 4.55% to $6.48, indicating a positive reaction from the market.
The rise in Indie Semiconductor's stock price suggests a favorable investor response, likely due to recent company achievements or positive market dynamics.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Smith Micro Software's stock increased by 4.41% to $0.38, showing investor confidence.
The increase in Smith Micro Software's stock price is likely due to positive investor sentiment, possibly influenced by company news or favorable industry trends.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Meta Materials' stock declined by 6.3% to $2.23, marking it as the largest loser in the after-market session.
The decline in Meta Materials' stock price suggests negative market reaction, possibly due to recent company performance or market conditions affecting investor sentiment.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90