12 Information Technology Stocks Moving In Tuesday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
The article highlights the pre-market movements of various information technology stocks on Tuesday. Notable gainers include MicroAlgo, Core Scientific, and Datasea, while significant losers include CalAmp, Verb Tech, and Phunware.
June 04, 2024 | 12:06 pm
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NEGATIVE IMPACT
CalAmp shares fell 10.1% to $0.91, with a market value of $1.4 million.
The significant drop in share price suggests negative sentiment and potential for further declines.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Phunware shares decreased by 5.37% to $6.0, with a market value of $49.6 million.
The decline in share price suggests negative sentiment and potential for further downward movement.
CONFIDENCE 75
IMPORTANCE 65
RELEVANCE 100
NEGATIVE IMPACT
Verb Tech shares fell 9.19% to $0.18, reducing its market cap to $18.7 million.
The notable decrease in share price indicates negative market sentiment and potential for further declines.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Core Scientific shares rose 42.29% to $6.93, increasing its market cap to $1.2 billion.
The significant rise in share price suggests strong investor interest and potential for continued upward movement.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100
POSITIVE IMPACT
Datasea shares increased by 21.41% to $5.5, raising its market cap to $16.8 million.
The notable increase in share price indicates positive market sentiment and potential for further gains.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
MicroAlgo shares surged by 158.3% to $4.03 in the pre-market session, significantly boosting its market cap to $30.6 million.
The substantial increase in share price indicates strong positive sentiment and potential for further gains in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100