12 Information Technology Stocks Moving In Friday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
In Friday's pre-market session, Atlassian (NASDAQ:TEAM) saw a significant 20.9% increase in share price following its Q1 earnings report. Other gainers included Cyngn, GCT Semiconductor, Veea, Semilux International, and HeartCore Enterprises. On the losing side, Ostin Technology Group, SMX, Iveda Solutions, Phunware, Kopin, and CCSC Technology experienced declines.
November 01, 2024 | 12:11 pm
News sentiment analysis
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POSITIVE IMPACT
Cyngn shares rose by 8.57% to $3.8 in pre-market trading.
Cyngn's share price increase suggests positive market sentiment, possibly due to recent developments or announcements.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
GCT Semiconductor shares increased by 7.79% to $2.49 in pre-market trading.
The rise in GCT Semiconductor's share price indicates positive investor sentiment, potentially due to favorable news or market conditions.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
HeartCore Enterprises shares rose by 6.79% to $1.1 in pre-market trading.
HeartCore Enterprises' share price increase suggests positive market sentiment, possibly due to recent developments or announcements.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Semilux International shares rose by 7.45% to $1.77 in pre-market trading.
The increase in Semilux International's share price indicates positive investor sentiment, likely due to favorable market conditions or news.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Atlassian's shares increased by 20.9% to $228.0 in pre-market trading following the release of its Q1 earnings report.
The significant increase in Atlassian's share price is directly linked to the positive reception of its Q1 earnings report, indicating strong financial performance.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Veea's stock moved up by 7.61% to $3.39 in pre-market trading.
Veea's stock price increase suggests a positive outlook from investors, possibly due to recent company developments.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
CCSC Technology stock declined by 4.55% to $2.1 in pre-market trading.
The decrease in CCSC Technology's stock price indicates negative market sentiment, likely due to unfavorable news or conditions.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Iveda Solutions shares declined by 7.56% to $1.59 in pre-market trading.
Iveda Solutions' share price decline suggests negative investor sentiment, possibly due to recent unfavorable developments.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Kopin stock fell by 4.88% to $0.74 in pre-market trading.
Kopin's stock price decline suggests negative investor sentiment, possibly due to recent unfavorable developments.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Ostin Technology Group's stock declined by 10.0% to $0.45 in pre-market trading.
The decline in Ostin Technology Group's stock price suggests negative investor sentiment, possibly due to unfavorable news or market conditions.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Phunware stock fell by 6.51% to $6.61 in pre-market trading.
The decline in Phunware's stock price indicates negative market sentiment, likely due to unfavorable news or conditions.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
SMX (Security Matters) stock declined by 7.87% to $0.35 in pre-market trading.
The decrease in SMX's stock price indicates negative market sentiment, likely due to unfavorable news or conditions.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 70