12 Information Technology Stocks Moving In Monday's Intraday Session
Portfolio Pulse from Benzinga Insights
The article highlights the intraday movements of 12 information technology stocks on Monday. Notable gainers include Comtech Telecom (CMTL), Cheetah Mobile (CMCM), and Rubicon Technologies (RBT), while significant losers include MMTEC (MTC), Akoustis Technologies (AKTS), and XTI Aerospace (XTIA).
May 20, 2024 | 4:31 pm
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POSITIVE IMPACT
Cheetah Mobile stock rose by 31.59% to $6.04, with a market cap of $180.5 million.
The substantial increase in stock price indicates strong investor interest, likely leading to short-term gains.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Comtech Telecom shares surged by 35.8% to $2.77, with a market cap of $78.8 million.
The significant price increase suggests positive investor sentiment or news, likely leading to short-term gains.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
ICZOOM Group shares rose 22.27% to $2.47, with a market cap of $25.6 million.
The significant price increase suggests positive investor sentiment or news, likely leading to short-term gains.
CONFIDENCE 75
IMPORTANCE 65
RELEVANCE 100
POSITIVE IMPACT
Nvni Group stock moved upwards by 17.02% to $1.64, with a market cap of $46.8 million.
The price increase suggests positive investor sentiment or news, likely leading to short-term gains.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 100
POSITIVE IMPACT
Rubicon Technologies stock rose 27.41% to $0.33, with a market cap of $17.7 million. Q1 earnings were released today.
The stock price increase following the Q1 earnings release suggests positive earnings results, likely leading to short-term gains.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Rekor Systems shares rose 24.24% to $1.64, with a market cap of $139.9 million. Q1 earnings were released 3 days ago.
The stock price increase following the Q1 earnings release suggests positive earnings results, likely leading to short-term gains.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Akoustis Technologies stock declined by 53.54% to $0.17, with a market cap of $16.3 million.
The significant price drop indicates negative news or investor sentiment, likely leading to short-term losses.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100
NEGATIVE IMPACT
Alpine 4 Holdings shares declined by 10.49% to $0.7, with a market cap of $18.9 million.
The price decline suggests negative news or investor sentiment, likely leading to short-term losses.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 100
NEGATIVE IMPACT
Bit Origin shares decreased by 10.22% to $3.16, with a market cap of $19.9 million.
The price decline suggests negative news or investor sentiment, likely leading to short-term losses.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 100
NEGATIVE IMPACT
MMTEC stock fell 83.3% to $1.17, with a market cap of $232.9 million.
The drastic price drop indicates significant negative news or investor sentiment, likely leading to short-term losses.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100
NEGATIVE IMPACT
My Size stock fell 14.78% to $4.27, with a market cap of $2.7 million.
The price drop suggests negative news or investor sentiment, likely leading to short-term losses.
CONFIDENCE 75
IMPORTANCE 65
RELEVANCE 100
NEGATIVE IMPACT
XTI Aerospace stock fell 21.04% to $1.24, with a market cap of $13.4 million.
The price drop suggests negative news or investor sentiment, likely leading to short-term losses.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100