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), ARB IOT Group, and Abits Group faced substantial declines.

October 28, 2024 | 12:07 pm
News sentiment analysis
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NEGATIVE IMPACT
Abits Group shares fell 12.3% to $0.42, reflecting a negative pre-market trend.
Abits Group's pre-market decline suggests unfavorable investor sentiment, likely resulting in a short-term price decrease.
CONFIDENCE 80
IMPORTANCE 55
RELEVANCE 65
NEGATIVE IMPACT
ARB IOT Group stock declined by 12.3% to $0.6, showing negative pre-market performance.
The decline in ARB IOT Group's stock price indicates negative market sentiment, likely leading to a short-term decrease.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
SMX shares plummeted by 69.4% to $0.42, indicating a severe pre-market decline.
The drastic drop in SMX's stock price suggests negative news or sentiment, likely leading to a short-term decrease.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90
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 10.66% to $11.73, reflecting positive pre-market activity.
Phunware's pre-market gain suggests favorable investor sentiment, 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 or news, likely leading to a short-term price increase.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80