12 Information Technology Stocks Moving In Monday's Intraday Session
Portfolio Pulse from Benzinga Insights
In Monday's intraday session, several information technology stocks experienced significant movements. Notably, Strong Global (SGE) saw a 100.8% increase, while Perficient (PRFT) rose by 52.8% following their Q1 earnings release. Other gainers included DatChat (DATS), Upland Software (UPLD), Marathon Digital Holdings (MARA), and My Size (MYSZ). On the downside, Meta Materials (MMAT) and ReAlpha Tech Corp (AIRE) led the losers, with declines of 20.4% and 10.55%, respectively. Other stocks that fell include Luna Innovations (LUNA), MicroCloud Hologram (HOLO), Saverone 2014 (SVRE), and UTStarcom Holdings (UTSI).
May 06, 2024 | 4:31 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
ReAlpha Tech Corp shares decreased by 10.55% to $0.89, with a market cap of $39.4 million.
AIRE's stock price drop could be attributed to unfavorable news or market reactions, indicating a potential reassessment of the company's value by investors.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100
NEGATIVE IMPACT
Meta Materials shares fell by 20.4% to $2.67, with a market value of $16.8 million.
The decline in MMAT's stock price suggests negative market sentiment or reactions to recent company developments, impacting investor confidence.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Perficient stock increased by 52.8% to $73.52 following the release of Q1 earnings, with a market cap of $2.5 billion.
The sharp increase in PRFT's stock price is directly linked to the positive reception of their Q1 earnings report, indicating strong performance or better-than-expected results.
CONFIDENCE 95
IMPORTANCE 95
RELEVANCE 100
POSITIVE IMPACT
Strong Global shares soared 100.8% to $2.29, with a market value of $18.0 million.
The significant rise in SGE's stock price likely reflects investor optimism, potentially due to unmentioned catalysts or market conditions favoring the company.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100