12 Information Technology Stocks Moving In Friday's Intraday Session
Portfolio Pulse from Benzinga Insights
The article highlights the intraday movements of various information technology stocks on Friday. Key gainers include Brand Engagement Network (BNAI), FOXO Technologies (FOXO), Ambarella (AMBA), Unusual Machines (UMAC), Neonode (NEON), and Saverone 2014 (SVRE). Key losers include MongoDB (MDB), Dell Technologies (DELL), Sobr Safe (SOBR), Maxeon Solar Technologies (MAXN), SentinelOne (S), and Cyngn (CYN).

May 31, 2024 | 4:31 pm
News sentiment analysis
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NEGATIVE IMPACT
Cyngn (CYN) stock decreased by 12.83% to $0.09, with a market cap of $12.6 million.
The significant price drop suggests negative investor sentiment, likely leading to short-term losses.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
NEGATIVE IMPACT
Dell Technologies (DELL) shares fell 22.62% to $131.5 following the release of its Q1 earnings report.
Negative reaction to the Q1 earnings report likely caused the significant drop in stock price.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
Maxeon Solar Technologies (MAXN) shares declined by 16.01% to $1.71 following the release of its Q4 earnings report.
Negative reaction to the Q4 earnings report likely caused the significant drop in stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
MongoDB (MDB) shares fell 24.6% to $233.64 following the release of its Q1 earnings report.
Negative reaction to the Q1 earnings report likely caused the significant drop in stock price.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
SentinelOne (S) shares decreased by 15.27% to $16.45 following the release of its Q1 earnings report.
Negative reaction to the Q1 earnings report likely caused the significant drop in stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Sobr Safe (SOBR) shares fell 17.79% to $0.3, with a market cap of $6.0 million.
The significant price drop suggests negative investor sentiment, likely leading to short-term losses.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
Ambarella (AMBA) stock increased by 18.48% to $57.24 following the release of its Q1 earnings report.
Positive Q1 earnings report likely drove the stock price up, indicating strong financial performance.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Brand Engagement Network (BNAI) shares surged by 43.0% to $3.69, with a market cap of $122.9 million.
The significant price increase suggests strong investor interest or positive news, likely leading to short-term gains.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
FOXO Technologies (FOXO) shares rose 23.27% to $0.42, with a market cap of $4.2 million.
The substantial price increase indicates positive sentiment, likely leading to short-term gains.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Neonode (NEON) stock increased by 10.4% to $3.29, with a market cap of $50.5 million.
The price increase indicates positive investor sentiment, likely leading to short-term gains.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
Saverone 2014 (SVRE) shares rose 9.61% to $0.57, with a market cap of $9.1 million.
The price increase suggests positive investor sentiment, likely leading to short-term gains.
CONFIDENCE 75
IMPORTANCE 40
RELEVANCE 50
POSITIVE IMPACT
Unusual Machines (UMAC) stock moved upwards by 12.96% to $1.52, with a market cap of $14.2 million.
The price increase suggests positive investor sentiment, likely leading to short-term gains.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60