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. ZenaTech (ZENA) saw a significant rise of 68.4%, while Aehr Test System (AEHR) increased by 12.21% following their Q1 earnings release. Other gainers include Cemtrex (CETX), DatChat (DATS), Peraso (PRSO), and OneConnect Financial Tech (OCFT). On the losing side, XTI Aerospace (XTIA) fell by 9.2%, with Infobird Co (IFBD), Mobix Labs (MOBX), Banzai International (BNZI), NiSun Intl Enterprise Dev (NISN), and MicroAlgo (MLGO) also experiencing declines.
October 11, 2024 | 12:07 pm
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POSITIVE IMPACT
Aehr Test System shares rose 12.21% following the release of their Q1 earnings.
The positive movement in AEHR's stock price is likely due to favorable Q1 earnings, indicating potential short-term growth.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
ZenaTech's stock surged by 68.4% in pre-market trading, significantly boosting its market cap to $52.6 million.
ZenaTech's substantial pre-market gain suggests strong investor interest or positive news, likely leading to a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
XTI Aerospace shares fell 9.2% in pre-market trading, reducing its market value to $4.5 million.
The decline in XTIA's stock price suggests negative sentiment or news, likely leading to a short-term decrease in value.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 100