12 Information Technology Stocks Moving In Thursday's Intraday Session
Portfolio Pulse from Benzinga Insights
In Thursday's intraday session, 12 Information Technology stocks showed significant movement. Notably, Impinj's shares surged 25.4% following their Q1 earnings report. Other gainers included MicroCloud Hologram, VirnetX Holding, WiSA Technologies, Neonode, and ReAlpha Tech Corp, with increases attributed to various factors. Conversely, Brand Engagement Network led the losers with a 30% drop, followed by declines in Cemtrex, Kopin, MMTEC, CommScope Holding Co, and Ostin Technology Group stocks.
April 25, 2024 | 4:31 pm
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NEGATIVE IMPACT
Brand Engagement Network's stock plummeted 30% to $2.61, marking the largest decline.
The significant drop in Brand Engagement Network's stock price could reflect investor reactions to negative news or poor financial performance.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 90
POSITIVE IMPACT
MicroCloud Hologram's shares increased by 17.06% to $2.75, with a market cap of $16.3 million.
The rise in MicroCloud Hologram's shares could be attributed to market dynamics or recent company developments, impacting investor sentiment positively.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Impinj shares surged 25.4% to $151.61, following a positive Q1 earnings report.
Impinj's significant share price increase is directly attributed to its positive Q1 earnings report, indicating strong financial performance and investor confidence.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 90