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12 Information Technology Stocks Moving In Wednesday’s Intraday Session

 

 

Gainers

  • ScanSource (NASDAQ:SCSC) stock increased by 19.91% to $36.82 during Wednesday’s regular session. Trading volume for this security as of 12:30 EST is 371.6K, which is 468.66% of its average full-day volume over the last 100 days. The company’s market cap stands at $937.6 million. As per the news, the Q4 earnings report came out yesterday.
  • Priority Tech Holdings (NASDAQ:PRTH) shares rose 12.73% to $6.02. The market value of their outstanding shares is at $416.2 million.
  • Usio (NASDAQ:USIO) stock rose 10.36% to $5.43. The market value of their outstanding shares is at $135.3 million.
  • Support.com (NASDAQ:SPRT) stock moved upwards by 9.34% to $12.76. As of 12:30 EST, Support.com’s stock is trading at a volume of 28.0 million, which is 354.95% of its average full-day volume over the last 100 days. The company’s market cap stands at $309.2 million.
  • N-able (NYSE:NABL) stock increased by 9.05% to $14.09. The market value of their outstanding shares is at $2.5 billion.
  • Mechanical Technology (NASDAQ:MKTY) shares rose 8.8% to $8.53. Mechanical Technology’s stock is trading at a volume of 235.9K shares as of 12:30 EST. This is 240.89% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $108.3 million.

 

 

Losers

 

  • ClearOne (NASDAQ:CLRO) stock decreased by 8.98% to $2.84 during Wednesday’s regular session. As of 12:30 EST, this security is trading at a volume of 962.4K shares, making up 974.72% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $53.3 million.
  • OneConnect Financial Tech (NYSE:OCFT) stock declined by 7.72% to $4.12. As of 12:30 EST, this security is trading at a volume of 1.1 million shares, making up 64.41% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $1.6 billion.
  • CS Disco (NYSE:LAW) stock fell 7.69% to $52.17. The market value of their outstanding shares is at $2.9 billion.
  • Viant Technology (NASDAQ:DSP) stock fell 7.58% to $13.57. The current volume of 410.1K shares is 119.37% of Viant Technology’s average full-day volume over the last 100 days (last updated at 12:30 EST). The company’s market cap stands at $817.5 million.
  • QIWI (NASDAQ:QIWI) shares declined by 6.64% to $9.0. Trading volume for QIWI’s stock is 1.4 million as of 12:30 EST. This is 565.76% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $561.8 million. As per the news, the Q2 earnings report came out 4 days ago.
  • MoSys (NASDAQ:MOSY) shares decreased by 6.14% to $5.97. The current volume of 185.7K shares is 5.71% of MoSys’s average full-day volume over the last 100 days (last updated at 12:30 EST). The company’s market cap stands at $51.7 million.

 

 

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When insiders sell shares, it indicates their concern in the company’s prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go short on the stock. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision.

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