12 Information Technology Stocks Moving In Tuesday's Intraday Session
Portfolio Pulse from Benzinga Insights
The article highlights the intraday movements of 12 information technology stocks on Tuesday. Notable gainers include U-BX Technology (NASDAQ:UBXG) with a 61.4% increase and Airship AI Holdings (NASDAQ:AISP) with a 47.13% rise. On the losing side, CalAmp (NASDAQ:CAMP) saw a significant drop of 33.4%, and Spectaire Holdings (NASDAQ:SPEC) declined by 23.15%.
June 11, 2024 | 4:31 pm
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POSITIVE IMPACT
Airship AI Holdings (NASDAQ:AISP) shares rose 47.13% to $4.62, increasing its market value to $106.9 million.
The significant rise in share price suggests positive sentiment or news, likely leading to further short-term appreciation.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
GCT Semiconductor Holdings (NYSE:GCTS) stock moved up by 11.61% to $3.94, with a market cap of $180.8 million.
The upward movement in stock price suggests positive market sentiment, likely leading to short-term gains.
CONFIDENCE 65
IMPORTANCE 55
RELEVANCE 100
POSITIVE IMPACT
Mercurity Fintech Holding (NASDAQ:MFH) stock rose 23.11% to $1.97, with a market value of $119.8 million.
The notable increase in stock price indicates positive investor sentiment, likely leading to short-term gains.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Quantum (NASDAQ:QMCO) stock rose 13.21% to $0.49, with a market cap of $46.7 million.
The increase in stock price indicates positive investor sentiment, likely leading to short-term gains.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 100
POSITIVE IMPACT
Sonim Technologies (NASDAQ:SONM) stock increased by 16.77% to $0.64, with a market value of $30.0 million.
The rise in stock price suggests positive market sentiment, likely leading to short-term gains.
CONFIDENCE 75
IMPORTANCE 65
RELEVANCE 100
POSITIVE IMPACT
U-BX Technology (NASDAQ:UBXG) stock increased by 61.4% to $15.3 during Tuesday's session, significantly boosting its market value to $413.0 million.
The substantial price increase indicates strong investor interest or positive news, likely leading to continued short-term gains.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
ARB IOT Group (NASDAQ:ARBB) stock decreased by 10.42% to $0.64, with a market cap of $16.9 million.
The decline in stock price suggests negative sentiment, likely leading to further short-term declines.
CONFIDENCE 75
IMPORTANCE 65
RELEVANCE 100
NEGATIVE IMPACT
CalAmp (NASDAQ:CAMP) stock decreased by 33.4% to $0.44 during Tuesday's session.
The significant drop in stock price indicates negative sentiment or news, likely leading to further short-term declines.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Comtech Telecom (NASDAQ:CMTL) shares declined by 9.59% to $2.08, with a market value of $59.0 million.
The drop in stock price indicates negative sentiment, likely leading to further short-term declines.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 100
NEGATIVE IMPACT
Lantronix (NASDAQ:LTRX) stock fell 9.03% to $3.63, with a market value of $136.4 million.
The decline in stock price suggests negative sentiment, likely leading to further short-term declines.
CONFIDENCE 65
IMPORTANCE 55
RELEVANCE 100
NEGATIVE IMPACT
Neonode (NASDAQ:NEON) stock fell 18.33% to $2.01, with a market value of $30.8 million.
The significant drop in stock price indicates negative sentiment, likely leading to further short-term declines.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Spectaire Holdings (NASDAQ:SPEC) shares declined by 23.15% to $0.39, with a market cap of $7.1 million.
The sharp decline in stock price suggests negative sentiment or news, likely leading to further short-term declines.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100