12 Information Technology Stocks Moving In Wednesday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
Several information technology stocks experienced significant movements in Wednesday's pre-market session. Agora (API) saw a remarkable increase of 136.4%, while MMTEC (MTC), Kingsoft Cloud Holdings (KC), and others also posted gains. Conversely, Akoustis Technologies (AKTS) and other stocks faced declines.
October 02, 2024 | 12:05 pm
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POSITIVE IMPACT
Agora's stock surged by 136.4% in pre-market trading, significantly boosting its market cap to $593.3 million.
The substantial increase in Agora's stock price indicates strong investor interest or positive news, likely leading to a short-term price increase.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Kingsoft Cloud Holdings' stock increased by 15.98% in pre-market trading, with a market cap of $878.6 million.
The rise in Kingsoft Cloud's stock price indicates positive market sentiment, likely leading to a short-term price increase.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
MMTEC's stock rose by 36.96% in pre-market trading, increasing its market cap to $127.7 million.
The significant rise in MMTEC's stock price suggests positive sentiment or news, likely leading to a short-term price increase.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Akoustis Technologies' stock fell by 9.0% in pre-market trading, reducing its market cap to $7.5 million.
The decline in Akoustis Technologies' stock price suggests negative sentiment or news, likely leading to a short-term price decrease.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90