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. MicroCloud Hologram, Verb Tech, Red Cat Holdings, Rekor Systems, Smith Micro Software, and Mercurity Fintech Holding were among the gainers, with increases ranging from 11.88% to 48.7%. On the downside, Canaan, VIA optronics, Spectaire Holdings, X3 Holdings, Infosys, and DatChat experienced declines between 5.73% and 22.4%. Infosys's drop was notable following its Q4 earnings release.
April 18, 2024 | 12:09 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Canaan's shares fell 22.4% in pre-market trading, with a market cap of $201.7 million.
Canaan's significant pre-market decline could reflect investor concerns or negative news impacting the stock.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 85
NEGATIVE IMPACT
Infosys stock declined by 7.97% to $15.6 following its Q4 earnings release, with a market cap of $64.5 billion.
The decline in INFY's stock price post-Q4 earnings indicates the market's reaction may have been negative to the earnings report or did not meet investor expectations.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 95
POSITIVE IMPACT
MicroCloud Hologram's stock surged 48.7% in pre-market trading, with a market cap of $19.7 million.
The significant pre-market increase in HOLO's stock price suggests strong investor interest, potentially due to positive developments or expectations.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90