12 Information Technology Stocks Moving In Monday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
In Monday's pre-market session, several information technology stocks experienced significant price movements. Quantum, Alpha Technology Group, and Phunware saw notable gains, while SMX (Security Matters) and ARB IOT Group experienced significant declines.
October 28, 2024 | 12:07 pm
News sentiment analysis
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POSITIVE IMPACT
Alpha Technology Group shares rose 10.91% to $11.58, showing strong pre-market momentum.
The rise in Alpha Technology Group's stock price indicates positive market sentiment, likely leading to a short-term increase.
CONFIDENCE 85
IMPORTANCE 65
RELEVANCE 75
POSITIVE IMPACT
Phunware shares increased by 10.09% to $11.67, reflecting positive pre-market activity.
Phunware's pre-market gain suggests strong investor interest, likely resulting in a short-term price increase.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Quantum shares increased by 16.6% to $5.78, indicating strong pre-market performance.
Quantum's significant pre-market gain suggests positive investor sentiment, likely leading to a short-term price increase.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
ARB IOT Group shares fell 12.3% to $0.6, showing a significant pre-market decline.
The decline in ARB IOT Group's stock price indicates negative sentiment, likely leading to further short-term decreases.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 85
NEGATIVE IMPACT
SMX (Security Matters) stock declined by 69.8% to $0.42, indicating a significant pre-market drop.
The drastic decline in SMX's stock price suggests negative news or sentiment, likely leading to further short-term declines.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90