12 Information Technology Stocks Moving In Monday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
In Monday's pre-market session, 12 Information Technology stocks showed significant movement. Gainers included Ascent Solar Technologies, Signing Day Sports, Squarespace, Mawson Infra Gr, Information Servs Gr, and Rubicon Technologies with notable increases. Losers comprised Alpha Technology Group, Soluna Holdings, AEye, BTCS, SAI.TECH Global, and Cyngn, all experiencing declines. Squarespace, Information Servs Gr, and Cyngn's movements were attributed to their recent Q1 earnings reports.
May 13, 2024 | 12:06 pm
News sentiment analysis
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NEGATIVE IMPACT
Cyngn shares decreased by 6.49% to $0.07, with a market cap of $7.7 million, following their Q1 earnings release.
The decline in Cyngn's stock price post-Q1 earnings indicates a negative market reaction to their financial performance, suggesting potential short-term downside.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 85
POSITIVE IMPACT
Ascent Solar Technologies stock rose 22.9% to $0.12, with a market cap of $2.5 million.
The significant pre-market increase in ASTI's stock price suggests positive investor sentiment, potentially leading to short-term gains.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 90
POSITIVE IMPACT
Information Servs Gr stock increased by 9.51% to $3.28, with a market cap of $158.5 million, after their Q1 earnings.
The positive movement in Information Servs Gr's stock price post-Q1 earnings suggests investor approval of their financial results, likely leading to short-term appreciation.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90
POSITIVE IMPACT
Squarespace shares rose 12.59% to $43.0, with a market cap of $5.9 billion, following their Q1 earnings report.
The rise in Squarespace's stock price post-Q1 earnings indicates a positive market reaction to their financial performance, suggesting further short-term upside.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 95