12 Information Technology Stocks Moving In Thursday's After-Market Session
Portfolio Pulse from Benzinga Insights
The article highlights the performance of various Information Technology stocks during Thursday's after-market session. Notable gainers include Braze (BRZE), XIAO-I (AIXI), and Infinera (INFN), while significant losers include Samsara (IOT) and DocuSign (DOCU). The movements are largely influenced by the release of Q1 earnings reports.
June 06, 2024 | 8:31 pm
News sentiment analysis
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NEGATIVE IMPACT
DocuSign (DOCU) shares fell 6.62% to $50.99 following the release of its Q1 earnings report.
The significant decrease in DOCU's stock price is directly tied to the negative market reaction to its Q1 earnings report.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Samsara (IOT) stock fell 8.2% to $32.0 following the release of its Q1 earnings report.
The significant decrease in IOT's stock price is directly tied to the negative market reaction to its Q1 earnings report.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
XIAO-I (AIXI) shares rose 8.56% to $0.85, reflecting positive market sentiment.
AIXI's stock price increase suggests positive market sentiment, though no specific catalyst was mentioned.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
Braze (BRZE) stock surged by 14.5% to $42.1 following the release of its Q1 earnings report.
The significant increase in BRZE's stock price is directly tied to the positive market reaction to its Q1 earnings report.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Infinera (INFN) shares moved upwards by 7.6% to $5.94, indicating strong market performance.
INFN's stock price increase indicates strong market performance, though no specific catalyst was mentioned.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 80