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Stock Prices

APPS

DBX

IDCC

LUNA

MDB

The article highlights the top 5 oversold tech stocks in the information technology sector, presenting a potential buying opportunity for undervalued companies. Oversold status is determined by the RSI, a momentum indicator, with a value below 30 indicating oversold conditions. The stocks mentioned are Luna Innovations (LUNA), InterDigital (IDCC), Dropbox (DBX), Digital Turbine (APPS), and MongoDB (MDB), each with recent significant events affecting their stock prices and RSI values.

Portfolio Pulse from Avi Kapoor

April 04, 2024 | 12:01 pm

CASA

FLGC

HWH

Flora Growth Corp. (NASDAQ:FLGC) shares fell by 20.2% in pre-market trading following the announcement of a proposed underwritten public offering of common shares. Other stocks also showed significant movement in pre-market trading, with HWH International Inc. (NASDAQ:HWH) rising 175% and Casa Systems, Inc. (NASDAQ:CASA) declining 20.8%. Various factors influenced these movements, including earnings reports, merger agreements, and public offerings.

Portfolio Pulse from Avi Kapoor

April 04, 2024 | 11:58 am

MURA

Mural Oncology's stock price increased following Morgan Stanley's initiation of coverage with an Overweight rating and a $13 price target.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 11:57 am

UNCY

Unicycive Therapeutics' stock price increased following Piper Sandler's initiation of coverage with an Overweight rating and a $9 price target.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 11:53 am

REPX

Riley Permian's stock price has decreased following the announcement of a public offering priced at $27 per share.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 11:51 am

BMBL

Bumble Inc.'s stock (BMBL) experienced a decline following a downgrade by Raymond James from Outperform to Market Perform.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 11:50 am

LAB

Standard BioTools' stock price increased following Jefferies' initiation of coverage with a Buy rating and a $3.25 price target.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 11:49 am

GRND

Grindr's stock price increased following Raymond James' initiation of coverage with an Outperform rating and a $14 price target.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 11:48 am

ARKB

FBTC

GBTC

IBIT

Bitcoin spot ETFs saw $113M in net inflows on Wednesday, with Fidelity's FBTC and BlackRock's IBIT experiencing significant investments, while Grayscale's GBTC continued its trend of net outflows, losing $75.14M. This indicates a shift in investor preferences within the Bitcoin ETF market.

Portfolio Pulse from Murtuza Merchant

April 04, 2024 | 11:48 am

CAG

Conagra Brands' stock price increased following the announcement of their third-quarter financial results, which exceeded market expectations.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 11:46 am