12 Information Technology Stocks Moving In Thursday's After-Market Session
Portfolio Pulse from Benzinga Insights
Several information technology stocks experienced significant movements in Thursday's after-market session. Atlassian, Intel, and Viavi Solutions saw notable gains following their earnings reports, while AXT and other companies faced declines.
October 31, 2024 | 8:34 pm
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POSITIVE IMPACT
Intel's stock increased by 13.47% to $24.42 following the release of its Q3 earnings report.
Intel's stock price increase is attributed to the market's positive reaction to its Q3 earnings, indicating better-than-expected performance.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 90
POSITIVE IMPACT
Atlassian's stock rose 15.4% to $217.5 after releasing its Q1 earnings report, indicating strong performance.
The significant rise in Atlassian's stock price is directly linked to the positive reception of its Q1 earnings report, suggesting strong financial performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Viavi Solutions' stock rose 5.85% to $9.76 after its Q1 earnings report was released.
The increase in Viavi Solutions' stock price is due to the favorable market response to its Q1 earnings report.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
AXT's stock fell 7.97% to $2.37 following the release of its Q3 earnings report.
The decline in AXT's stock price is likely due to a negative market reaction to its Q3 earnings report, suggesting disappointing results.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 85