12 Information Technology Stocks Moving In Friday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
The article highlights the pre-market movements of 12 information technology stocks on Friday. Braze (BRZE) saw a significant rise of 15% following its Q1 earnings report, while Samsara (IOT) experienced an 8.21% decline after its Q1 earnings release. Other notable gainers include Presto Automation (PRST) and Sequans Communications (SQNS), while XTI Aerospace (XTIA) and CalAmp (CAMP) were among the biggest losers.
June 07, 2024 | 12:07 pm
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POSITIVE IMPACT
Braze (BRZE) stock rose 15% to $42.31 in the pre-market session following the release of its Q1 earnings report.
The significant rise in BRZE's stock price is directly linked to the positive market reaction to its Q1 earnings report.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Presto Automation (PRST) shares increased by 10.54% to $0.08 in the pre-market session.
PRST's stock price increase indicates positive market sentiment, though the specific catalyst is not detailed.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
Sequans Communications (SQNS) stock rose 9.32% to $0.7 in the pre-market session.
SQNS's stock price increase suggests positive market sentiment, though the specific catalyst is not detailed.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 80
NEGATIVE IMPACT
CalAmp (CAMP) stock declined by 16.29% to $0.74 in the pre-market session.
CAMP's significant stock price decline indicates negative market sentiment, though the specific catalyst is not detailed.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 80
NEGATIVE IMPACT
Samsara (IOT) shares fell 8.21% to $32.0 in the pre-market session following the release of its Q1 earnings report.
The decline in IOT's stock price is directly linked to the market's negative reaction to its Q1 earnings report.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
XTI Aerospace (XTIA) shares fell 22.0% to $0.63 in the pre-market session.
XTIA's significant stock price decline indicates negative market sentiment, though the specific catalyst is not detailed.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 80