12 Information Technology Stocks Moving In Thursday's Intraday Session
Portfolio Pulse from Benzinga Insights
The article highlights the intraday movements of various Information Technology stocks on Thursday. Notable gainers include Cemtrex, Sobr Safe, Credo Technology Group, HP, Sonim Technologies, and C3.ai. Significant losers include UiPath, Maxeon Solar Technologies, Tungray Technologies, Strong Global, Nutanix, and Salesforce.
May 30, 2024 | 4:32 pm
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POSITIVE IMPACT
C3.ai stock rose 15.71% to $27.68, with a market cap of $3.3 billion. Q4 earnings were released yesterday.
The stock's rise is likely due to positive Q4 earnings.
CONFIDENCE 95
IMPORTANCE 70
RELEVANCE 90
POSITIVE IMPACT
Cemtrex shares rose 27.3% to $0.5, with a market cap of $5.3 million.
The significant price increase suggests positive investor sentiment or news.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
Credo Technology Group stock increased by 19.33% to $24.13, with a market cap of $3.9 billion. Q4 earnings were released yesterday.
The stock's rise is likely due to positive Q4 earnings.
CONFIDENCE 95
IMPORTANCE 70
RELEVANCE 90
POSITIVE IMPACT
HP shares moved upwards by 19.02% to $39.04, with a market cap of $38.2 billion. Q2 earnings were released yesterday.
The stock's rise is likely due to positive Q2 earnings.
CONFIDENCE 95
IMPORTANCE 70
RELEVANCE 90
POSITIVE IMPACT
Sobr Safe stock increased by 20.42% to $0.37, with a market cap of $7.3 million.
The stock's rise indicates positive market reaction.
CONFIDENCE 85
IMPORTANCE 50
RELEVANCE 70
POSITIVE IMPACT
Sonim Technologies stock rose 17.29% to $0.63, with a market cap of $29.4 million.
The stock's rise indicates positive market reaction.
CONFIDENCE 85
IMPORTANCE 50
RELEVANCE 70
NEGATIVE IMPACT
Salesforce stock decreased by 19.97% to $217.39, with a market cap of $211.1 billion. Q1 earnings were released yesterday.
The stock's decline is likely due to negative Q1 earnings.
CONFIDENCE 95
IMPORTANCE 70
RELEVANCE 90
NEGATIVE IMPACT
Maxeon Solar Technologies stock fell 30.55% to $2.16, with a market cap of $114.0 million. Q4 earnings were released today.
The stock's decline is likely due to negative Q4 earnings.
CONFIDENCE 95
IMPORTANCE 70
RELEVANCE 90
NEGATIVE IMPACT
Nutanix shares declined by 22.54% to $56.78, with a market cap of $13.8 billion. Q3 earnings were released yesterday.
The stock's decline is likely due to negative Q3 earnings.
CONFIDENCE 95
IMPORTANCE 70
RELEVANCE 90
NEGATIVE IMPACT
UiPath shares declined by 34.1% to $12.06, with a market cap of $6.9 billion. Q1 earnings were released yesterday.
The stock's decline is likely due to negative Q1 earnings.
CONFIDENCE 95
IMPORTANCE 70
RELEVANCE 90
NEGATIVE IMPACT
Strong Global shares decreased by 22.59% to $1.44, with a market cap of $11.3 million.
The stock's decline indicates negative market reaction.
CONFIDENCE 85
IMPORTANCE 50
RELEVANCE 70
NEGATIVE IMPACT
Tungray Technologies shares fell 26.33% to $2.77, with a market cap of $45.2 million.
The stock's decline indicates negative market reaction.
CONFIDENCE 85
IMPORTANCE 50
RELEVANCE 70