12 Communication Services Stocks Moving In Wednesday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
The article highlights the pre-market movements of 12 communication services stocks on Wednesday. Notable gainers include Gamer Pakistan (GPAK), AST SpaceMobile (ASTS), and Vivid Seats (SEAT). Significant losers include Sify Technologies (SIFY), Onfolio Holdings (ONFO), and JOYY (YY).
May 29, 2024 | 12:06 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
AST SpaceMobile (ASTS) stock increased by 15.19% to $6.14 in pre-market trading, with a market cap of $857.2 million.
The substantial price increase indicates strong investor interest, likely leading to short-term gains.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Gamer Pakistan (GPAK) stock surged by 17.2% to $0.29 in pre-market trading, increasing its market value to $7.4 million.
The significant price increase suggests positive sentiment or news, likely leading to short-term gains.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Vivid Seats (SEAT) stock moved upwards by 6.99% to $5.2 in pre-market trading, with a market cap of $683.4 million.
The price increase suggests positive market sentiment, likely leading to short-term gains.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Onfolio Holdings (ONFO) shares fell 15.04% to $1.13 in pre-market trading, with a market cap of $5.7 million.
The substantial price drop suggests negative market sentiment, likely leading to short-term losses.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Sify Technologies (SIFY) shares decreased by 19.6% to $1.35 in pre-market trading, with a market cap of $247.4 million.
The significant price drop indicates negative sentiment or news, likely leading to short-term losses.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
JOYY (YY) stock decreased by 8.43% to $29.9 in pre-market trading, with a market cap of $1.7 billion. The Q1 earnings report was released yesterday.
The price drop following the Q1 earnings report suggests the results were below market expectations, likely leading to short-term losses.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80