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 Brand Engagement Network (NASDAQ:BNAI), Banzai International (NASDAQ:BNZI), Alarum Technologies (NASDAQ:ALAR), Upland Software (NASDAQ:UPLD), Neonode (NASDAQ:NEON), and Ooma (NYSE:OOMA). Significant losers include Sobr Safe (NASDAQ:SOBR), AmpliTech Gr (NASDAQ:AMPG), CXApp (NASDAQ:CXAI), Digital Turbine (NASDAQ:APPS), MicroCloud Hologram (NASDAQ:HOLO), and Inuvo (AMEX:INUV).
May 29, 2024 | 4:31 pm
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POSITIVE IMPACT
Alarum Technologies (NASDAQ:ALAR) stock moved upwards by 12.44% to $39.64, with a market cap of $261.8 million.
The significant price increase indicates strong investor interest or positive news, likely leading to short-term upward momentum.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Brand Engagement Network (NASDAQ:BNAI) stock rose 91.5% to $2.43, with a market cap of $81.0 million.
The significant price increase indicates strong investor interest or positive news, likely leading to short-term upward momentum.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Banzai International (NASDAQ:BNZI) shares moved upwards by 18.49% to $0.21, with a market cap of $4.4 million.
The notable price increase suggests positive sentiment or news, likely leading to short-term upward momentum.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Neonode (NASDAQ:NEON) shares rose 11.72% to $3.24, with a market cap of $49.7 million.
The notable price increase suggests positive sentiment or news, likely leading to short-term upward momentum.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Ooma (NYSE:OOMA) shares moved upwards by 11.39% to $8.8, with a market cap of $232.5 million. The company's Q1 earnings came out yesterday.
The price increase following the Q1 earnings release suggests positive investor reaction, likely leading to short-term upward momentum.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Upland Software (NASDAQ:UPLD) shares moved upwards by 11.81% to $3.08, with a market cap of $84.8 million.
The notable price increase suggests positive sentiment or news, likely leading to short-term upward momentum.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
AmpliTech Gr (NASDAQ:AMPG) shares fell 18.74% to $1.1, with a market cap of $10.6 million. The company's Q1 earnings came out yesterday.
The price decrease following the Q1 earnings release suggests negative investor reaction, likely leading to short-term downward momentum.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Digital Turbine (NASDAQ:APPS) shares declined by 12.28% to $1.97, with a market cap of $200.4 million. Q4 earnings came out yesterday.
The price decrease following the Q4 earnings release suggests negative investor reaction, likely leading to short-term downward momentum.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
CXApp (NASDAQ:CXAI) shares declined by 15.38% to $2.29, with a market cap of $34.8 million. Q1 earnings came out 4 days ago.
The price decrease following the Q1 earnings release suggests negative investor reaction, likely leading to short-term downward momentum.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
MicroCloud Hologram (NASDAQ:HOLO) shares decreased by 10.43% to $1.55, with a market cap of $9.2 million.
The notable price decrease suggests negative sentiment or news, likely leading to short-term downward momentum.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Inuvo (AMEX:INUV) stock decreased by 8.25% to $0.27, with a market cap of $38.1 million.
The notable price decrease suggests negative sentiment or news, likely leading to short-term downward momentum.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Sobr Safe (NASDAQ:SOBR) shares decreased by 24.6% to $0.32, with a market cap of $6.4 million.
The significant price decrease indicates strong negative sentiment or adverse news, likely leading to short-term downward momentum.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100