12 Information Technology Stocks Moving In Monday's After-Market Session
Portfolio Pulse from Benzinga Insights
In Monday's after-market session, several information technology stocks experienced significant movements. U-BX Technology, Movella Holdings, Quantum, Bit Origin, Meta Materials, and ARB IOT Group were among the gainers, with increases ranging from 3.72% to 7.5%. Conversely, Moatable, E2open Parent Holdings, Marin Software, Duos Technologies Group, CalAmp, and Ascent Solar Technologies were the losers, with declines ranging from 3.58% to 7.6%. Notably, Duos Technologies Group's Q4 earnings report was released.
April 01, 2024 | 8:30 pm
News sentiment analysis
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POSITIVE IMPACT
Movella Holdings stock rose by 6.8% to $0.06, with a market value of $2.8 million.
Movella Holdings' stock price increase indicates a positive reaction from the market, though the low market cap suggests limited impact.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 90
POSITIVE IMPACT
U-BX Technology shares increased by 7.5% to $4.9, with a market value of $132.3 million.
The significant after-market increase in U-BX Technology's stock price suggests positive investor sentiment, potentially due to favorable market conditions or company-specific news not detailed in the article.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
NEGATIVE IMPACT
Duos Technologies Group's shares fell 3.6% to $3.75 after the Q4 earnings report was released.
The decline in Duos Technologies Group's stock price following the Q4 earnings report suggests the market's negative reaction to the financial results.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 95