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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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
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