12 Information Technology Stocks Moving In Thursday's After-Market Session
Portfolio Pulse from Benzinga Insights
The article highlights the performance of various Information Technology stocks during Thursday's after-market session. Notable gainers include VerifyMe, Iveda Solutions, Auddia, Abits Group, Edgio, and CommScope Holding. On the losing side, Domo, Ascent Solar Technologies, Workday, Intuit, Lantronix, and Akoustis Technologies saw declines.
May 23, 2024 | 8:30 pm
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POSITIVE IMPACT
Auddia stock increased by 8.29% to $1.57, raising its market cap to $4.3 million.
The stock's rise suggests positive investor sentiment, likely leading to short-term gains.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
Iveda Solutions shares rose 8.77% to $0.73 following the release of their Q1 earnings report.
The positive movement is likely driven by the recent Q1 earnings report, suggesting favorable investor sentiment.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
VerifyMe shares surged by 17.4% to $1.75, significantly boosting its market value to $17.8 million.
The significant price increase indicates strong investor interest, likely leading to positive short-term momentum.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Domo shares fell by 11.7% to $6.3 following the release of their Q1 earnings report.
The significant decline is likely due to disappointing Q1 earnings, indicating negative short-term sentiment.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Intuit stock decreased by 5.76% to $624.14 after releasing their Q3 earnings report.
The decline indicates that the Q3 earnings report may have fallen short of investor expectations, leading to negative short-term sentiment.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 85
NEGATIVE IMPACT
Workday stock decreased by 9.17% to $237.0 after releasing their Q1 earnings report.
The decline suggests that the Q1 earnings report did not meet investor expectations, leading to negative short-term sentiment.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90