12 Information Technology Stocks Moving In Thursday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
In Thursday's pre-market session, several information technology stocks showed significant movement. Notably, Movano, Nano Labs, Cipher Mining, Sequans Communications, Sprinklr, and AEye experienced gains, with Sprinklr and AEye recently releasing their Q4 earnings. Conversely, Wetouch Technology, Sobr Safe, Abits Group, D-Wave Quantum, Sonim Technologies, and Hitek Global saw declines, with D-Wave Quantum and Sonim Technologies also reporting their Q4 earnings.
March 28, 2024 | 12:06 pm
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NEGATIVE IMPACT
D-Wave Quantum's shares fell 11.91% to $1.85, with a market cap of $295.8 million, after the Q4 earnings report.
The decline in D-Wave Quantum's stock price post-Q4 earnings suggests the market reacted negatively to the financial results, possibly due to earnings not meeting expectations.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 95
NEGATIVE IMPACT
Sonim Technologies' shares fell 11.08% to $0.6, with a market cap of $25.8 million, following their Q4 earnings report.
The decrease in Sonim Technologies' stock price after the Q4 earnings report indicates a negative investor response, likely due to disappointing earnings figures.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Sprinklr's stock moved upwards by 9.53% to $14.25, with a market cap of $3.9 billion, following their Q4 earnings release.
The increase in Sprinklr's stock price following the Q4 earnings release indicates a positive market reaction to the financial results, suggesting better-than-expected performance.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 95
POSITIVE IMPACT
Movano's stock increased by 13.7% to $0.45, with a market cap of $25.0 million.
The significant pre-market increase in Movano's stock suggests positive investor sentiment, potentially due to speculative trading or recent company developments not detailed in the article.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90