12 Information Technology Stocks Moving In Wednesday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
Several information technology stocks experienced significant price movements in Wednesday's pre-market session. Notable gainers include Pros Holdings, Extreme Networks, and Unisys, while Qorvo and Advanced Micro Devices were among the major losers following their earnings reports.
October 30, 2024 | 12:08 pm
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POSITIVE IMPACT
Extreme Networks shares increased by 13.92% to $16.2 after announcing Q1 earnings.
The stock's rise is attributed to the positive reception of the Q1 earnings report.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Pros Holdings shares rose by 15.1% to $22.3 following the release of their Q3 earnings.
The significant price increase is directly linked to the positive market reaction to the Q3 earnings report.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Unisys stock rose by 11.33% to $5.99 following the release of their Q3 earnings.
The increase in stock price is due to a favorable market response to the Q3 earnings report.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Advanced Micro Devices stock decreased by 8.47% to $152.18 after their Q3 earnings release.
The decline in stock price is attributed to the market's negative response to the Q3 earnings report.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 80
NEGATIVE IMPACT
Qorvo shares fell by 20.4% to $79.98 after the release of their Q2 earnings report.
The sharp decline in stock price is likely due to a negative market reaction to the Q2 earnings report.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 80