12 Communication Services Stocks Moving In Wednesday's After-Market Session
Portfolio Pulse from Benzinga Insights
In Wednesday's after-market session, several Communication Services stocks experienced notable movements. Gainers included Chicken Soup for the Soul (CSSE), Phoenix New Media (FENG), Angi (ANGI), Leafly Holdings (LFLY), Society Pass (SOPA), and AirNet Technology (ANTE), with increases ranging from 2.4% to 5.0%. Conversely, Hanryu Holdings (HRYU), Global Mofy Metaverse (GMM), Ucloudlink Group (UCL), Weibo (WB), Fangdd Network Group (DUO), and Asset Entities (ASST) saw declines between 4.06% and 7.1%.
March 27, 2024 | 8:31 pm
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POSITIVE IMPACT
Angi shares increased by 4.24% to $2.7, with a market value of $1.3 billion.
ANGI's share price increase could reflect investor optimism, potentially due to company developments or positive trends in the Communication Services sector.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
POSITIVE IMPACT
AirNet Technology stock rose by 2.4% to $1.7, with a market cap of $7.6 million.
The positive movement in ANTE shares could be attributed to investor optimism, possibly driven by company-specific news or positive sector trends.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
POSITIVE IMPACT
Chicken Soup for the Soul shares rose by 5.0% to $0.17, with a market cap of $5.3 million.
The 5.0% increase in CSSE shares indicates positive investor sentiment, potentially due to company-specific news or broader market trends affecting the Communication Services sector.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
POSITIVE IMPACT
Phoenix New Media stock increased by 4.32% to $1.69, with a market value of $20.4 million.
The rise in FENG shares suggests positive market reaction, possibly driven by favorable news or sector-wide movements.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
POSITIVE IMPACT
Leafly Holdings shares rose by 2.97% to $3.12, with a market value of $6.7 million.
The increase in LFLY shares indicates a positive response from the market, possibly due to favorable news or sector trends.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
POSITIVE IMPACT
Society Pass stock increased by 2.47% to $0.16, with a market cap of $5.1 million.
SOPA's share price gain suggests investor confidence, potentially due to positive company news or favorable market conditions in the sector.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90