10 Communication Services Stocks Moving In Thursday's Intraday Session
Portfolio Pulse from Benzinga Insights
In Thursday's intraday session, several Communication Services stocks experienced significant movements. HWH International, TuanChe, Leafly Holdings, and Treasure Global were among the gainers, with HWH International leading with a 48.4% increase. Conversely, Able View Global, Hanryu Holdings, MediaCo Holding, Paramount Global, Oriental Culture Holding, and Onfolio Holdings were among the losers, with Able View Global experiencing a 13.2% decline.
April 04, 2024 | 4:31 pm
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NEGATIVE IMPACT
Able View Global shares declined 13.2% to $1.65, with a market cap of $69.0 million.
The decline in Able View Global's shares indicates negative market sentiment or investor reactions to recent news, suggesting a short-term bearish trend for the stock.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 85
NEGATIVE IMPACT
Paramount Global shares fell 9.17% to $12.28, with a market cap of $8.0 billion.
The decrease in Paramount Global's stock price could be due to negative news or sector-wide downturns, indicating potential short-term downward pressure on the stock.
CONFIDENCE 80
IMPORTANCE 65
RELEVANCE 75
POSITIVE IMPACT
HWH International stock surged 48.4% in Thursday's session, with a market cap of $37.8 million.
The substantial increase in HWH International's stock price indicates strong investor interest or positive market sentiment towards the company, likely driving short-term upward momentum.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
TuanChe shares rose 19.69% to $1.98, with a market cap of $3.2 million.
TuanChe's significant share price increase reflects positive investor sentiment, potentially due to favorable company news or sector trends, suggesting a short-term bullish outlook.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80