12 Information Technology Stocks Moving In Monday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
The article highlights the pre-market movements of 12 information technology stocks on Monday. Notable gainers include Presto Automation (PRST), Rubicon Technologies (RBT), and TROOPS (TROO), while significant losers include Akoustis Technologies (AKTS), Cemtrex (CETX), and Cyngn (CYN).
May 20, 2024 | 12:06 pm
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POSITIVE IMPACT
Presto Automation shares rose 19.4% to $0.26 following the release of its Q3 earnings report.
The significant price increase is directly tied to the release of the Q3 earnings report, indicating positive market reception.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Rubicon Technologies stock rose 17.76% to $0.3 after the release of its Q1 earnings report.
The stock's rise is attributed to the positive market reaction to the Q1 earnings report.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
TROOPS stock increased by 17.57% to $1.19 in the pre-market session.
The stock's significant increase suggests positive investor sentiment, though no specific catalyst was mentioned.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Akoustis Technologies stock declined by 15.7% to $0.3 in the pre-market session.
The significant decline indicates negative investor sentiment, though no specific catalyst was mentioned.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Cemtrex stock declined by 12.43% to $0.43 following the release of its Q2 earnings report four days ago.
The decline is likely due to a negative market reaction to the Q2 earnings report released four days ago.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Cyngn shares fell 11.73% to $0.1 in the pre-market session.
The significant decline suggests negative investor sentiment, though no specific catalyst was mentioned.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100