10 Communication Services Stocks Moving In Monday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
In Monday's pre-market session, several Communication Services stocks showed notable movements. Gainers included Onfolio Holdings (ONFO) with a 16.2% increase, HWH International (HWH) up by 12.12%, and Loop Media (LPTV) rising by 8.8%. On the losing side, MediaCo Holding (MDIA) dropped by 11.4%, Global Mofy Metaverse (GMM) fell by 6.95%, and Fangdd Network Group (DUO) decreased by 5.46%. Other notable mentions are GD Culture Group (GDC), Lytus Technologies Holdings (LYT), Trump Media & Technology (DJT), and DouYu Intl Holdings (DOYU).
April 22, 2024 | 12:07 pm
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POSITIVE IMPACT
Onfolio Holdings shares surged 16.2% in pre-market trading, indicating strong investor interest.
The significant pre-market increase in ONFO's stock price suggests positive investor sentiment, potentially leading to short-term upward momentum.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
MediaCo Holding experienced an 11.4% decrease in its stock price during pre-market trading, indicating potential concerns among investors.
The notable pre-market decline in MDIA's stock price could reflect negative investor sentiment or reactions to recent company news, likely leading to short-term downward pressure.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90