12 Information Technology Stocks Moving In Friday's After-Market Session
Portfolio Pulse from Benzinga Insights
In Friday's after-market session, several Information Technology stocks showed notable movements. ARB IOT Group, Quantum, EMCORE, Banzai International, WaveDancer, and Axcelis Technologies were among the gainers, with increases ranging from 4.54% to 11.9%. Conversely, Sobr Safe, VIA optronics, X3 Holdings, Rekor Systems, GRIID Infrastructure, and Red Cat Holdings experienced declines between 2.68% and 11.5%.
April 19, 2024 | 8:31 pm
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POSITIVE IMPACT
ARB IOT Group's stock rose by 11.9% to $1.32, with a market cap of $34.8 million.
The significant after-market gain for ARBB suggests positive investor sentiment, potentially leading to short-term upward price momentum.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
POSITIVE IMPACT
Quantum's shares increased by 7.09% to $0.43, with a market cap of $40.7 million.
The rise in QMCO's stock price indicates a positive market reaction, likely contributing to short-term bullish behavior.
CONFIDENCE 80
IMPORTANCE 65
RELEVANCE 90
NEGATIVE IMPACT
Sobr Safe's shares fell by 11.5% to $0.23, with a market cap of $4.6 million.
The significant drop in SOBR's stock price could indicate negative investor sentiment, likely leading to short-term downward pressure.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90