12 Information Technology Stocks Moving In Wednesday's Intraday Session
Portfolio Pulse from Benzinga Insights
The article highlights the intraday movements of various Information Technology stocks on Wednesday. Notable gainers include Akoustis Technologies, Maxeon Solar Technologies, and First Solar, while significant losers include MMTEC, Viasat, and GDS Holdings.
May 22, 2024 | 4:31 pm
News sentiment analysis
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NEGATIVE IMPACT
GDS Holdings stock decreased by 10.33% to $8.34 after its Q1 earnings report.
The drop in share price following the Q1 earnings report suggests negative market sentiment, likely leading to short-term declines.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
MMTEC stock declined by 29.7% to $0.63, reducing its market cap.
The significant drop in share price suggests negative sentiment or news, likely leading to further short-term declines.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Viasat stock fell by 14.79% to $16.05 following its Q4 earnings report.
The decline in share price following the Q4 earnings report indicates negative market reaction, likely leading to short-term declines.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Akoustis Technologies shares surged by 156.6% to $0.35, significantly increasing its market value.
The substantial increase in share price indicates strong positive sentiment or news, likely leading to further short-term gains.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
First Solar shares increased by 17.51% to $249.26, enhancing its market value.
The notable increase in share price indicates strong market confidence, likely leading to short-term gains.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Maxeon Solar Technologies shares rose by 28.41% to $3.48, boosting its market value.
The significant rise in share price suggests positive market sentiment, likely leading to short-term gains.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100