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. Adobe (NASDAQ:ADBE) saw a significant increase of 14.1% following its Q2 earnings report. Other gainers include Veritone (NASDAQ:VERI), Freshworks (NASDAQ:FRSH), Sobr Safe (NASDAQ:SOBR), CommScope Hldg Co (NASDAQ:COMM), and Cerence (NASDAQ:CRNC). On the losing side, Ostin Technology Group (NASDAQ:OST) experienced a notable decline of 17.8%, along with other decliners such as Spectaire Holdings (NASDAQ:SPEC), Cyngn (NASDAQ:CYN), Quantum (NASDAQ:QMCO), Banzai International (NASDAQ:BNZI), and Akoustis Technologies (NASDAQ:AKTS).

June 13, 2024 | 8:30 pm
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NEGATIVE IMPACT
Akoustis Technologies shares decreased by 2.93% to $0.14 during the after-market session.
The stock saw a slight decline, likely due to negative market sentiment.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 60
NEGATIVE IMPACT
Banzai International shares fell 2.95% to $0.18 during the after-market session.
The stock saw a slight decline, likely due to negative market sentiment.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 60
NEGATIVE IMPACT
Cyngn stock decreased by 4.59% to $0.09 during the after-market session.
The stock saw a moderate decline, likely due to negative market sentiment.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 60
NEGATIVE IMPACT
Ostin Technology Group stock declined by 17.8% to $0.41 during the after-market session.
The significant price decline indicates negative market sentiment or adverse news.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Quantum stock decreased by 3.01% to $0.51 during the after-market session.
The stock saw a slight decline, likely due to negative market sentiment.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 60
NEGATIVE IMPACT
Spectaire Holdings stock decreased by 4.74% to $0.49 during the after-market session.
The stock saw a moderate decline, likely due to negative market sentiment.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
Adobe shares surged by 14.1% to $523.5 following the release of its Q2 earnings report.
The significant price increase is directly tied to the positive reception of Adobe's Q2 earnings report.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
CommScope Hldg Co stock increased by 2.85% to $1.44 in the after-market session.
The stock saw a slight increase, likely due to positive market sentiment.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
Cerence shares moved upwards by 2.66% to $3.08 during the after-market session.
The stock saw a slight increase, likely due to positive market sentiment.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
Freshworks stock increased by 3.57% to $12.76 in the after-market session.
The stock saw a moderate increase, likely due to positive market sentiment.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Sobr Safe shares rose 2.9% to $0.23 during the after-market session.
The stock saw a slight increase, likely due to positive market sentiment.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
Veritone stock rose 3.86% to $2.55 during the after-market session.
The stock saw a moderate increase, likely due to positive market sentiment.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70