12 Information Technology Stocks Moving In Wednesday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
Several information technology stocks experienced significant movements in Wednesday's pre-market session. Notable gainers included Pros Holdings, Unisys, and Extreme Networks, while Qorvo, Advanced Micro Devices, and Skyworks Solutions were among the losers. These movements were largely influenced by recent earnings reports.
October 30, 2024 | 12:08 pm
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POSITIVE IMPACT
Extreme Networks' stock rose by 11.32% following the release of its Q1 earnings report.
The increase in stock price is due to the positive market response to the Q1 earnings report.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Pros Holdings' stock rose by 15.1% following the release of its Q3 earnings report.
The significant stock price increase is directly linked to the positive reception of the Q3 earnings report.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Unisys' stock increased by 11.33% after its Q3 earnings report was released.
The stock price rise is attributed to the market's positive reaction to the Q3 earnings report.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Advanced Micro Devices' stock decreased by 8.44% after its Q3 earnings report.
The drop in stock price is attributed to the market's negative reaction to the Q3 earnings report.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Qorvo's stock fell by 20.4% after the release of its Q2 earnings report.
The significant decline in stock price is likely due to a negative market reaction to the Q2 earnings report.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 80
NEGATIVE IMPACT
Skyworks Solutions' stock declined by 6.92% following its earnings report.
The decrease in stock price is likely due to a less favorable market reaction to the earnings report.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70