11 Communication Services Stocks Moving In Friday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
In Friday's pre-market session, several communication services stocks showed notable movements. MediaCo Holding (MDIA) led the gainers with an 84.9% increase, while HWH International (HWH) experienced the largest drop among the losers, declining by 11.3%. Other notable movers included TuanChe (TC), Asset Entities (ASST), and Cinemark Holdings (CNK) on the gainers' side, and Able View Global (ABLV), MultiMetaVerse Holdings (MMV), and Altice USA (ATUS) among the losers.
April 05, 2024 | 12:10 pm
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POSITIVE IMPACT
Asset Entities' stock rose by 5.0% to $0.45, with a market cap of $6.3 million. The company's Q4 earnings were released 3 days ago.
The rise in ASST's stock following its Q4 earnings release suggests a positive investor response, potentially leading to short-term upward momentum.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 80
POSITIVE IMPACT
Cinemark Holdings' stock increased by 4.74% to $19.65, with a market cap of $2.4 billion.
CNK's pre-market gain could reflect positive market sentiment or reactions to recent news, potentially influencing short-term stock performance.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
MediaCo Holding's stock rose significantly by 84.9% to $2.59, with a market cap of $68.2 million.
The substantial rise in MDIA's stock price could attract more investor attention and potentially lead to short-term price volatility.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
TuanChe's stock rose by 5.26% to $2.2, with a market cap of $3.6 million.
TC's positive movement in pre-market trading could suggest investor optimism, potentially leading to short-term gains.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
HWH International's shares decreased by 11.3% to $2.04, with a market cap of $33.0 million.
The decline in HWH's stock price could indicate negative sentiment or reactions to recent company developments, affecting short-term performance.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100