12 Information Technology Stocks Moving In Wednesday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
The article highlights the pre-market movements of various information technology stocks on Wednesday. Notable gainers include Brand Engagement Network (BNAI), Banzai International (BNZI), Ooma (OOMA), D-Wave Quantum (QBTS), My Size (MYSZ), and Auddia (AUUD). Significant losers include Sobr Safe (SOBR), Actelis Networks (ASNS), Digital Turbine (APPS), Oblong (OBLG), Minim (MINM), and Akoustis Technologies (AKTS).
May 29, 2024 | 12:06 pm
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POSITIVE IMPACT
Auddia (AUUD) stock increased by 8.52% to $1.4 in pre-market trading, raising its market cap to $3.9 million.
The price increase suggests positive investor sentiment, likely leading to short-term gains.
CONFIDENCE 80
IMPORTANCE 65
RELEVANCE 100
POSITIVE IMPACT
Brand Engagement Network (BNAI) shares surged by 85.0% to $2.35 in pre-market trading, significantly boosting its market cap to $78.3 million.
The significant price increase indicates strong investor interest, likely leading to further short-term gains.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Banzai International (BNZI) stock rose 19.17% to $0.21 in pre-market trading, increasing its market cap to $4.5 million.
The notable price increase suggests positive sentiment, likely leading to short-term gains.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
My Size (MYSZ) stock rose by 8.98% to $3.88 in pre-market trading, increasing its market cap to $2.4 million.
The price increase indicates positive sentiment, likely leading to short-term gains.
CONFIDENCE 80
IMPORTANCE 65
RELEVANCE 100
POSITIVE IMPACT
Ooma (OOMA) stock moved up by 14.81% to $9.07 in pre-market trading following the release of Q1 earnings.
The positive movement following the Q1 earnings release indicates strong financial performance, likely leading to further short-term gains.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100
POSITIVE IMPACT
D-Wave Quantum (QBTS) stock increased by 12.14% to $1.57 in pre-market trading, raising its market cap to $273.8 million.
The price increase suggests positive investor sentiment, likely leading to short-term gains.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Akoustis Technologies (AKTS) stock fell 7.84% to $0.19 in pre-market trading, reducing its market cap to $21.1 million.
The price drop suggests negative sentiment, likely leading to short-term declines.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Digital Turbine (APPS) shares declined by 12.51% to $1.96 in pre-market trading following the release of Q4 earnings.
The negative movement following the Q4 earnings release indicates weak financial performance, likely leading to further short-term declines.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100
NEGATIVE IMPACT
Actelis Networks (ASNS) shares fell 13.87% to $0.42 in pre-market trading, reducing its market cap to $1.4 million.
The notable price drop suggests negative sentiment, likely leading to short-term declines.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Minim (MINM) stock fell 9.41% to $3.37 in pre-market trading, reducing its market cap to $9.4 million.
The price drop indicates negative sentiment, likely leading to short-term declines.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Oblong (OBLG) stock declined by 11.42% to $0.19 in pre-market trading, reducing its market cap to $3.9 million.
The price drop suggests negative sentiment, likely leading to short-term declines.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Sobr Safe (SOBR) stock declined by 29.7% to $0.3 in pre-market trading, reducing its market cap to $5.9 million.
The significant price drop indicates negative sentiment, likely leading to further short-term declines.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100