12 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. Gainers included Asset Entities, TuanChe, Paramount Global, Lytus Technologies Holdings, Onfolio Holdings, and Starbox Group Holdings with increases ranging from 6.08% to 11.8%. Conversely, losers comprised MediaCo Holding, Hanryu Holdings, Global Mofy Metaverse, Baosheng Media Group, Netflix, and Chicken Soup for the Soul, with declines between 4.93% and 9.2%. Netflix's drop was highlighted alongside its Q1 earnings report release.
April 19, 2024 | 12:08 pm
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POSITIVE IMPACT
Asset Entities stock increased by 11.8% to $0.45, leading the gainers in the pre-market session.
The significant percentage increase for Asset Entities, despite its small market cap, suggests positive investor sentiment or reaction to company-specific news, potentially impacting short-term stock performance.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Netflix stock declined by 6.32% to $572.0 following its Q1 earnings report.
Netflix's stock movement is directly tied to its Q1 earnings report, indicating a negative investor reaction to the financial results. Given Netflix's significant market cap and influence in the sector, this news is highly relevant and important for investors.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 90