12 Information Technology Stocks Moving In Thursday's Intraday Session
Portfolio Pulse from Benzinga Insights
The article highlights the intraday movements of 12 information technology stocks on Thursday. Notable gainers include Auddia, AuthID, Broadcom, Inseego, Soluna Holdings, and Cipher Mining. Significant losers include Baijiayun Group, Saverone 2014, Cyngn, Presto Automation, Sobr Safe, and Nvni Group.
June 13, 2024 | 4:31 pm
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POSITIVE IMPACT
AuthID's stock rose 13.71% to $9.45, with a market cap of $89.3 million.
AuthID's significant price increase suggests positive investor sentiment, likely leading to short-term gains.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
Auddia's stock increased by 13.9% to $1.31, with a market cap of $3.6 million.
Auddia's significant price increase suggests positive investor sentiment, likely leading to short-term gains.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
Broadcom's stock rose 12.06% to $1675.9, with a market cap of $776.6 billion. The company's Q2 earnings were released yesterday.
Broadcom's stock surge is likely due to positive Q2 earnings, indicating strong financial performance.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Cipher Mining's stock moved upwards by 10.61% to $5.05, with a market cap of $1.5 billion.
Cipher Mining's significant price increase suggests positive investor sentiment, likely leading to short-term gains.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
Inseego's stock increased by 11.19% to $9.24, with a market cap of $109.7 million.
Inseego's significant price increase suggests positive investor sentiment, likely leading to short-term gains.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
Soluna Holdings' shares increased by 10.71% to $3.72, with a market cap of $14.5 million.
Soluna Holdings' significant price increase suggests positive investor sentiment, likely leading to short-term gains.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80
NEGATIVE IMPACT
Cyngn's stock decreased by 11.18% to $0.09, with a market cap of $12.8 million.
Cyngn's significant price decrease suggests negative investor sentiment, likely leading to short-term losses.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80
NEGATIVE IMPACT
Nvni Group's stock declined by 10.33% to $1.39, with a market cap of $39.7 million.
Nvni Group's significant price decrease suggests negative investor sentiment, likely leading to short-term losses.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80
NEGATIVE IMPACT
Presto Automation's shares decreased by 11.12% to $0.09, with a market cap of $9.9 million.
Presto Automation's significant price decrease suggests negative investor sentiment, likely leading to short-term losses.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80
NEGATIVE IMPACT
Baijiayun Group's shares fell 17.8% to $2.35, with a market cap of $41.2 million.
Baijiayun Group's significant price decrease suggests negative investor sentiment, likely leading to short-term losses.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80
NEGATIVE IMPACT
Sobr Safe's stock declined by 10.99% to $0.22, with a market cap of $4.4 million.
Sobr Safe's significant price decrease suggests negative investor sentiment, likely leading to short-term losses.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80
NEGATIVE IMPACT
Saverone 2014's shares fell 11.22% to $0.46, with a market cap of $7.3 million.
Saverone 2014's significant price decrease suggests negative investor sentiment, likely leading to short-term losses.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80