12 Information Technology Stocks Moving In Friday's Intraday Session
Portfolio Pulse from Benzinga Insights
The article highlights the intraday movements of 12 information technology stocks on Friday. Notable gainers include Presto Automation, SMX, Wetouch Technology, Soluna Holdings, WiSA Technologies, and Brand Engagement Network. Significant losers include Actelis Networks, MicroAlgo, Gorilla Tech, Semtech, Rubicon Technologies, and XTI Aerospace.

June 07, 2024 | 4:30 pm
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POSITIVE IMPACT
Brand Engagement Network shares increased by 11.46% to $4.86, with a market cap of $171.5 million.
The notable price increase suggests positive sentiment or news, likely leading to short-term gains.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 100
POSITIVE IMPACT
Presto Automation shares rose 27.9% to $0.1, with a market cap of $11.3 million.
The significant price increase indicates strong investor interest or positive news, likely leading to short-term gains.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Soluna Holdings stock moved upwards by 14.17% to $2.82, with a market cap of $11.0 million.
The notable price increase suggests positive sentiment or news, likely leading to short-term gains.
CONFIDENCE 85
IMPORTANCE 65
RELEVANCE 100
POSITIVE IMPACT
SMX shares rose 17.46% to $0.17, with a market cap of $6.6 million.
The notable price increase suggests positive sentiment or news, likely leading to short-term gains.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 100
POSITIVE IMPACT
Wetouch Technology stock moved upwards by 14.46% to $1.73, with a market cap of $20.6 million.
The significant price increase indicates strong investor interest or positive news, likely leading to short-term gains.
CONFIDENCE 85
IMPORTANCE 65
RELEVANCE 100
POSITIVE IMPACT
WiSA Technologies stock rose 12.09% to $2.69, with a market cap of $12.5 million.
The significant price increase indicates strong investor interest or positive news, likely leading to short-term gains.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 100
NEGATIVE IMPACT
Actelis Networks shares decreased by 25.4% to $1.47, with a market cap of $4.9 million.
The significant price decrease indicates strong investor concern or negative news, likely leading to short-term losses.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Gorilla Tech shares fell 19.8% to $4.74, with a market cap of $40.2 million.
The significant price decrease indicates strong investor concern or negative news, likely leading to short-term losses.
CONFIDENCE 85
IMPORTANCE 65
RELEVANCE 100
NEGATIVE IMPACT
MicroAlgo shares decreased by 22.72% to $4.32, with a market cap of $32.8 million.
The notable price decrease suggests negative sentiment or news, likely leading to short-term losses.
CONFIDENCE 85
IMPORTANCE 65
RELEVANCE 100
NEGATIVE IMPACT
Rubicon Technologies stock decreased by 14.49% to $0.16, with a market cap of $8.5 million.
The notable price decrease suggests negative sentiment or news, likely leading to short-term losses.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 100
NEGATIVE IMPACT
Semtech shares fell 17.33% to $31.4, with a market cap of $2.0 billion. The company's Q1 earnings were released 2 days ago.
The significant price decrease following the Q1 earnings release suggests negative investor reaction, likely leading to short-term losses.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
XTI Aerospace stock fell 13.05% to $0.7, with a market cap of $8.0 million.
The significant price decrease indicates strong investor concern or negative news, likely leading to short-term losses.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 100