12 Information Technology Stocks Moving In Tuesday's Intraday Session
Portfolio Pulse from Benzinga Insights
The article highlights the intraday movements of 12 information technology stocks on Tuesday. Notable gainers include Sobr Safe (NASDAQ:SOBR) with a 101.4% increase and AEye (NASDAQ:LIDR) with a 23.13% rise. On the losing side, SMX (NASDAQ:SMX) fell by 17.0% and Signing Day Sports (AMEX:SGN) declined by 13.05%.
May 28, 2024 | 4:31 pm
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POSITIVE IMPACT
Cerence (NASDAQ:CRNC) shares rose 16.35% to $3.73, indicating strong market performance.
The notable increase in CRNC's share price suggests positive market sentiment, likely leading to short-term gains.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
AEye (NASDAQ:LIDR) shares moved upwards by 23.13% to $4.29, reflecting a positive market response.
The significant rise in LIDR's share price suggests positive developments or investor sentiment, likely leading to short-term gains.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Neonode (NASDAQ:NEON) shares increased by 22.95% to $3.0, indicating strong market performance.
The notable increase in NEON's share price suggests positive market sentiment, likely leading to short-term gains.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Oblong (NASDAQ:OBLG) shares moved upwards by 22.78% to $0.22, reflecting a positive market response.
The significant rise in OBLG's share price suggests positive developments or investor sentiment, likely leading to short-term gains.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Sobr Safe (NASDAQ:SOBR) shares rose 101.4% to $0.45 during Tuesday's session, significantly increasing its market value.
The substantial increase in SOBR's share price indicates strong positive sentiment or news, likely leading to further short-term gains.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
SilverSun Technologies (NASDAQ:SSNT) stock rose 15.69% to $18.5, reflecting a positive market response.
The significant rise in SSNT's share price suggests positive developments or investor sentiment, likely leading to short-term gains.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Abits Group (NASDAQ:ABTS) shares decreased by 9.24% to $0.59, reflecting a negative market response.
The significant decline in ABTS's share price suggests negative developments or investor sentiment, likely leading to short-term losses.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Datasea (NASDAQ:DTSS) shares decreased by 10.75% to $4.9, indicating a negative market response.
The notable decrease in DTSS's share price suggests negative market sentiment, likely leading to short-term losses.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
MMTEC (NASDAQ:MTC) shares decreased by 12.82% to $0.41, indicating a negative market response.
The notable decrease in MTC's share price suggests negative market sentiment, likely leading to short-term losses.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Signing Day Sports (AMEX:SGN) shares declined by 13.05% to $0.25, reflecting a negative market response.
The significant decline in SGN's share price suggests negative developments or investor sentiment, likely leading to short-term losses.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
SMX (Security Matters) (NASDAQ:SMX) stock fell 17.0% to $0.16, indicating a negative market response.
The substantial decrease in SMX's share price indicates strong negative sentiment or news, likely leading to further short-term losses.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100
NEGATIVE IMPACT
Saverone 2014 (NASDAQ:SVRE) stock declined by 11.79% to $0.52, reflecting a negative market response.
The significant decline in SVRE's share price suggests negative developments or investor sentiment, likely leading to short-term losses.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80