12 Information Technology Stocks Moving In Thursday's Intraday Session
Portfolio Pulse from Benzinga Insights
In Thursday's intraday session, several Information Technology stocks experienced significant movements. Notably, Smith Micro Software (SMSI) surged 27.2%, and MicroCloud Hologram (HOLO) increased by 24.33%. On the downside, WiSA Technologies (WISA) plummeted by 33.5%. Badger Meter (BMI) also stood out with a 15.24% rise following their Q1 earnings release.
April 18, 2024 | 4:31 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Badger Meter shares rose 15.24% to $176.33 following their Q1 earnings release, with a market cap of $5.1 billion.
BMI's significant stock price increase post-Q1 earnings suggests the results exceeded market expectations, likely driving investor optimism about the company's financial health and future prospects.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 90
POSITIVE IMPACT
MicroCloud Hologram stock increased by 24.33% to $2.79, with a market cap of $16.5 million.
HOLO's stock price jump could reflect market optimism around its technology or sector, driving investor interest and potentially indicating further gains.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Smith Micro Software stock rose 27.2% to $2.48, with a market cap of $23.8 million.
The significant rise in SMSI's stock price indicates strong investor confidence, potentially due to positive company developments or market conditions favoring tech stocks.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
WiSA Technologies shares declined by 33.5% to $6.16, with a market cap of $10.8 million.
The sharp decline in WISA's stock price suggests negative market sentiment or disappointing company news, which could impact investor confidence short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90