12 Communication Services Stocks Moving In Friday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
The article highlights the pre-market movements of 12 communication services stocks on Friday. Fangdd Network Group (DUO) saw the highest increase, while MediaCo Holding (MDIA) experienced the largest decline.
May 17, 2024 | 12:07 pm
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POSITIVE IMPACT
ZW Data Action Technologies (CNET) shares increased by 6.97% to $0.75 in Friday's pre-market session.
The increase in CNET's stock price suggests positive sentiment, likely leading to a short-term upward trend.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 70
POSITIVE IMPACT
Pop Culture Group (CPOP) stock increased by 7.56% to $1.99 in Friday's pre-market session.
The rise in CPOP's stock price indicates positive sentiment, likely leading to a short-term upward trend.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 70
POSITIVE IMPACT
Fangdd Network Group (DUO) stock surged by 278.6% to $1.51 in Friday's pre-market session, significantly increasing its market value.
The substantial increase in DUO's stock price indicates strong investor interest, likely leading to a positive short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Reddit (RDDT) shares increased by 11.38% to $62.8 in Friday's pre-market session.
The increase in RDDT's stock price indicates strong investor confidence, likely leading to a positive short-term impact.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Snail (SNAL) shares rose 10.99% to $1.06 in Friday's pre-market session, following the release of its Q1 earnings report.
The positive movement in SNAL's stock price following its Q1 earnings report suggests favorable investor reaction, likely leading to a short-term upward trend.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90
POSITIVE IMPACT
Starbox Group Holdings (STBX) stock rose by 12.99% to $0.23 in Friday's pre-market session.
The rise in STBX's stock price suggests positive sentiment, likely leading to a short-term upward trend.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 80
NEGATIVE IMPACT
Brera Holdings (BREA) shares declined by 7.8% to $1.05 in Friday's pre-market session.
The decline in BREA's stock price suggests negative sentiment, likely leading to a short-term downward trend.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 80
NEGATIVE IMPACT
Chicken Soup for the Soul (CSSE) stock fell 5.58% to $0.31 in Friday's pre-market session.
The decline in CSSE's stock price indicates negative sentiment, likely leading to a short-term downward trend.
CONFIDENCE 75
IMPORTANCE 50
RELEVANCE 70
NEGATIVE IMPACT
iQIYI (IQ) shares fell 4.5% to $5.53 in Friday's pre-market session, following the release of its Q1 earnings report.
The negative movement in IQ's stock price following its Q1 earnings report suggests unfavorable investor reaction, likely leading to a short-term downward trend.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90
NEGATIVE IMPACT
MediaCo Holding (MDIA) shares decreased by 11.8% to $1.34 in Friday's pre-market session.
The significant decline in MDIA's stock price indicates negative sentiment, likely leading to a short-term downward trend.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Telkom Indonesia (TLK) stock declined by 3.85% to $19.0 in Friday's pre-market session.
The decline in TLK's stock price indicates negative sentiment, likely leading to a short-term downward trend.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
VEON (VEON) shares decreased by 6.76% to $24.01 in Friday's pre-market session, following the release of its Q1 earnings report.
The negative movement in VEON's stock price following its Q1 earnings report suggests unfavorable investor reaction, likely leading to a short-term downward trend.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90