12 Communication Services Stocks Moving In Monday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
The article highlights the pre-market movements of 12 communication services stocks on Monday. Notable gainers include Loop Media, Direct Digital Holdings, Collective Audience, Urban One, Grindr, and TuanChe. On the losing side, AirNet Technology, Asset Entities, AMC Networks, Gamer Pakistan, MultiMetaVerse Holdings, and GD Culture Group saw declines.

June 17, 2024 | 12:07 pm
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NEGATIVE IMPACT
AMC Networks stock decreased by 7.39% to $14.55, with a market cap of $640.8 million.
The significant pre-market decline suggests negative sentiment and potential short-term downward pressure.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
AirNet Technology shares decreased by 9.5% to $0.95, with a market cap of $13.5 million.
The significant pre-market decline suggests negative sentiment and potential short-term downward pressure.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Asset Entities shares declined by 8.49% to $0.41, with a market cap of $6.1 million.
The pre-market decline indicates potential short-term downward pressure due to negative sentiment.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
NEGATIVE IMPACT
GD Culture Group shares fell 5.99% to $1.1, with a market cap of $10.4 million.
The pre-market decline indicates potential short-term downward pressure due to negative sentiment.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
NEGATIVE IMPACT
Gamer Pakistan stock declined by 6.85% to $0.22, with a market cap of $5.6 million.
The pre-market decline indicates potential short-term downward pressure due to negative sentiment.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
NEGATIVE IMPACT
MultiMetaVerse Holdings shares decreased by 6.47% to $0.56, with a market cap of $18.5 million.
The pre-market decline suggests potential short-term downward pressure due to negative sentiment.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
Collective Audience shares moved up by 6.47% to $0.42, with a market cap of $5.8 million.
The upward movement in pre-market trading suggests potential short-term gains.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
Direct Digital Holdings stock increased by 6.99% to $4.05, with a market cap of $58.1 million.
The pre-market rise indicates investor optimism, likely leading to short-term gains.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Grindr shares moved up by 5.32% to $10.69, with a market cap of $1.8 billion.
The significant pre-market gain suggests strong investor confidence and potential short-term upward momentum.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Loop Media shares rose 8.7% to $0.17 in pre-market trading, increasing its market cap to $12.4 million.
The significant pre-market gain suggests positive sentiment and potential short-term upward momentum.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
TuanChe shares increased by 5.0% to $2.1, with a market cap of $4.2 million.
The pre-market rise indicates potential short-term gains due to positive investor sentiment.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
Urban One stock rose 5.99% to $2.3, increasing its market cap to $114.2 million.
The pre-market gain indicates positive investor sentiment, likely leading to short-term gains.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70