12 Information Technology Stocks Moving In Tuesday's Intraday Session
Portfolio Pulse from Benzinga Insights
Information Technology stocks showed significant movement in Tuesday's intraday session, with notable gainers including MMTEC, Maxeon Solar Technologies, Interlink Electronics, MicroCloud Hologram, Intrusion, and LivePerson, experiencing increases ranging from 20.4% to 53.6%. On the downside, AEye, Jamf Holding, Taoping, CVD Equipment, WaveDancer, and Auddia saw declines between 10.06% and 17.7%. Earnings releases played a role in the price movements for several companies.
May 14, 2024 | 4:31 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
MicroCloud Hologram's shares increased by 34.74%, with a market value of $16.0 million, reflecting positive investor sentiment.
HOLO's stock price rise suggests positive investor sentiment, potentially due to innovative product offerings or market trends.
CONFIDENCE 80
IMPORTANCE 65
RELEVANCE 85
POSITIVE IMPACT
Intrusion's stock rose 22.95% to $2.25, with a market value of $7.8 million following its Q1 earnings release.
The increase in INTZ's stock price post-earnings suggests the market reacted positively to the company's Q1 financial performance.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 90
POSITIVE IMPACT
Interlink Electronics rose 35.32%, with a market value of $60.2 million, suggesting investor optimism.
The increase in LINK's stock price indicates investor optimism, possibly due to positive company performance or favorable industry trends.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 85
POSITIVE IMPACT
LivePerson shares increased by 20.4% to $0.8, with a market value of $70.4 million, possibly influenced by its recent Q1 earnings.
LPSN's stock price increase following its Q1 earnings release suggests a positive market response to the company's financial results.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 85
POSITIVE IMPACT
Maxeon Solar Technologies experienced a 45.74% increase, with a market value of $190.0 million, highlighting positive market sentiment.
The substantial rise in MAXN's stock price could be attributed to positive market sentiment or favorable developments within the company or industry.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90
POSITIVE IMPACT
MMTEC shares surged 53.6% with a market value of $1.4 billion, indicating strong investor confidence.
The significant surge in MMTEC's stock price reflects strong investor confidence, potentially due to favorable market conditions or company-specific news.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
Jamf Holding's shares declined by 13.43% to $17.67, with a market value of $2.2 billion, potentially due to its Q1 earnings.
JAMF's stock price decline following its Q1 earnings release indicates a negative market response to the company's financial results.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 85
NEGATIVE IMPACT
AEye's stock fell 17.7% to $2.05, with a market cap of $13.3 million, following its Q1 earnings release.
The decline in LIDR's stock price post-earnings suggests the market reacted negatively to the company's Q1 financial performance.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 90