12 Information Technology Stocks Moving In Monday's After-Market Session
Portfolio Pulse from Benzinga Insights
Several information technology stocks experienced significant price movements during Monday's after-market session. Notable gainers included Cemtrex, F5, Harmonic, Cadence Design Systems, Agilysys, and Mitek Systems, with F5, Harmonic, Cadence Design Systems, and Agilysys reporting earnings. On the losing side, Amkor Technology, SMX, Saiheat, Brand Engagement Network, Pagaya Technologies, and Akoustis Technologies saw declines, with Amkor Technology reporting earnings.
October 28, 2024 | 8:30 pm
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POSITIVE IMPACT
Agilysys shares increased by 5.37% to $117.48 after releasing its Q2 earnings.
Agilysys's stock price rise is due to its Q2 earnings release, reflecting positive investor sentiment.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Cadence Design Systems saw a 6.81% rise to $270.0 following its Q3 earnings report.
The stock price increase for Cadence Design Systems is linked to its Q3 earnings, indicating a positive market reaction.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 85
POSITIVE IMPACT
F5's stock increased by 10.01% to $240.22 following the release of its Q4 earnings.
F5's significant stock price increase is directly linked to its Q4 earnings release, indicating positive market reception.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Harmonic's stock rose by 7.96% to $16.0 after announcing its Q3 earnings.
Harmonic's stock price increase is attributed to its Q3 earnings announcement, suggesting positive investor sentiment.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 85
NEGATIVE IMPACT
Amkor Technology's stock fell by 11.1% to $26.26 after its Q3 earnings report.
The decline in Amkor Technology's stock price is directly related to its Q3 earnings report, suggesting a negative market reaction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90