12 Information Technology Stocks Moving In Friday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
The article highlights the pre-market movements of various information technology stocks on Friday. Notable gainers include FOXO Technologies, ClearOne, Adobe, Digital Turbine, Gryphon Digital Mining, and Red Cat Holdings. On the losing side, QXO, Ostin Technology Group, Hitek Global, Intellicheck, Banzai International, and 8x8 saw declines.

June 14, 2024 | 12:06 pm
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POSITIVE IMPACT
Adobe stock rose 14.29% to $524.3 following the release of its Q2 earnings.
The 14.29% increase is likely due to positive Q2 earnings, indicating strong financial performance.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Digital Turbine stock moved up by 13.59% to $1.75, with a market cap of $179.3 million.
A 13.59% rise in pre-market trading suggests positive investor sentiment.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
ClearOne stock moved up by 15.25% to $1.02, with a market cap of $24.4 million.
A 15.25% rise in pre-market trading suggests positive investor sentiment.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
FOXO Technologies stock rose 50.7% to $0.36 in pre-market trading, increasing its market cap to $3.8 million.
A significant price increase of 50.7% in pre-market trading indicates strong positive sentiment or news.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Gryphon Digital Mining shares moved up by 8.0% to $1.35, with a market cap of $53.0 million.
An 8.0% rise in pre-market trading indicates positive investor sentiment.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
Red Cat Holdings stock rose 7.21% to $1.04, with a market cap of $77.2 million.
A 7.21% rise in pre-market trading suggests positive investor sentiment.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
NEGATIVE IMPACT
Banzai International stock decreased by 7.31% to $0.17, with a market cap of $4.5 million.
A 7.31% decline in pre-market trading indicates negative investor sentiment.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
NEGATIVE IMPACT
8x8 stock fell 7.13% to $2.15, with a market cap of $269.5 million.
A 7.13% decline in pre-market trading suggests negative investor sentiment.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
NEGATIVE IMPACT
Hitek Global stock decreased by 9.74% to $1.53, with a market cap of $21.9 million.
A 9.74% decline in pre-market trading indicates negative investor sentiment.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
NEGATIVE IMPACT
Intellicheck shares declined by 7.36% to $3.4, with a market cap of $66.1 million.
A 7.36% decline in pre-market trading suggests negative investor sentiment.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
NEGATIVE IMPACT
Ostin Technology Group shares decreased by 16.99% to $0.41, with a market cap of $6.1 million.
A 16.99% decline in pre-market trading suggests negative investor sentiment.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
QXO stock fell 51.3% to $99.99 in pre-market trading, reducing its market cap to $66.4 million.
A significant price drop of 51.3% in pre-market trading indicates strong negative sentiment or news.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80