12 Information Technology Stocks Moving In Tuesday's Intraday Session
Portfolio Pulse from Benzinga Insights
The article highlights the intraday movements of various information technology stocks on Tuesday. Notable gainers include Actelis Networks (ASNS), Comtech Telecom (CMTL), and VirnetX Holding (VHC), while significant losers include Quantum (QMCO), QXO (QXO), and Alarum Technologies (ALAR).
June 18, 2024 | 4:31 pm
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POSITIVE IMPACT
Actelis Networks (ASNS) stock surged by 69.4% to $1.95, with a market value of $6.5 million.
The significant price increase suggests strong investor interest or positive news, likely leading to short-term upward momentum.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Comtech Telecom (CMTL) shares rose by 52.07% to $3.3 following the release of their Q3 earnings.
The substantial price increase following the Q3 earnings release indicates positive market reception, likely driving short-term gains.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
VirnetX Holding (VHC) stock increased by 24.69% to $5.15, with a market value of $18.9 million.
The notable price rise suggests positive sentiment or news, likely leading to short-term upward movement.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Alarum Technologies (ALAR) stock declined by 21.9% to $26.96, with a market value of $182.8 million.
The notable price decline suggests negative sentiment or news, likely leading to short-term downward movement.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Quantum (QMCO) shares plummeted by 50.0% to $0.39 following the release of their Q4 earnings report.
The sharp decline following the Q4 earnings report indicates negative market reaction, likely leading to short-term downward pressure.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
QXO (QXO) shares fell by 26.04% to $90.3, with a market cap of $59.9 million.
The significant price drop suggests negative sentiment or news, likely leading to short-term downward movement.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80