12 Communication Services Stocks Moving In Monday's After-Market Session
Portfolio Pulse from Benzinga Insights
In Monday's after-market session, several Communication Services stocks showed notable movements. EverQuote, Vimeo, Innovid, Angi, Gaia, and PSQ Holdings were among the gainers, with EverQuote leading by a 14.4% increase after their Q1 earnings report. On the downside, National CineMedia, NFT, Grindr, Taboola.com, iClick Interactive Asia, and LQR House faced declines, with National CineMedia dropping 10.9% following their Q1 earnings release.
May 06, 2024 | 8:31 pm
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NEGATIVE IMPACT
National CineMedia's stock fell 10.9% to $4.3 after their Q1 earnings, with a market cap of $417.3 million.
The decline in National CineMedia's stock price can be attributed to negative investor reaction to their Q1 earnings report, possibly due to disappointing results or outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
EverQuote stock surged 14.4% to $24.43 after announcing Q1 earnings, with a market cap of $848.3 million.
The significant increase in EverQuote's stock price is directly attributed to the positive reception of their Q1 earnings report, indicating strong performance or optimistic future guidance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Vimeo shares increased by 5.26% to $4.0 following their Q1 earnings report, with a market cap of $675.2 million.
Vimeo's stock price rise is likely due to investor optimism following their Q1 earnings announcement, suggesting favorable results or future outlook.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 85