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. Baijiayun Group led the gainers with a 14.8% increase, while MMTEC experienced the largest drop among the losers, declining by 10.5%. Other notable companies such as Wrap Technologies, Sonim Technologies, and Evolv Technologies also saw their stock prices increase. Conversely, companies like DZS, Greenidge Generation Holdings, and Pixelworks faced declines.
May 03, 2024 | 8:31 pm
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POSITIVE IMPACT
Baijiayun Group's stock rose by 14.8% to $1.55, showcasing a significant positive movement.
The substantial increase in Baijiayun Group's stock price indicates a positive market response, likely driven by investor optimism or favorable company developments.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Wrap Technologies saw a 5.6% increase in its stock price to $1.78, indicating positive market activity.
The increase in Wrap Technologies' stock price suggests investor confidence and potential growth prospects for the company.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
MMTEC's stock experienced a 10.5% decline to $2.13, marking it as the largest loser in the session.
The significant drop in MMTEC's stock price could reflect investor concerns or negative market reactions to recent company developments.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90