12 Information Technology Stocks Moving In Wednesday’s Pre-Market Session

 

 

Gainers

  • BIO-key Intl (NASDAQ:BKYI) shares rose 5.9% to $3.05 during Wednesday’s pre-market session. The market value of their outstanding shares is at $23.8 million. The company’s, Q2 earnings came out 2 days ago.
  • JinkoSolar Holding Co (NYSE:JKS) shares moved upwards by 5.87% to $43.41. The company’s market cap stands at $2.0 billion.
  • Daqo New Energy (NYSE:DQ) stock increased by 5.7% to $51.5. The company’s market cap stands at $3.7 billion. The company’s, Q2 earnings came out today.
  • Infobird Co (NASDAQ:IFBD) stock increased by 5.26% to $3.0. The market value of their outstanding shares is at $75.7 million.
  • CommScope Hldg Co (NASDAQ:COMM) stock increased by 4.95% to $15.25. The market value of their outstanding shares is at $3.1 billion.
  • LG Display Co (NYSE:LPL) stock increased by 4.85% to $9.07. The market value of their outstanding shares is at $6.4 billion.

 

 

Losers

 

  • Powerbridge Technologies (NASDAQ:PBTS) stock declined by 5.89% to $1.44 during Wednesday’s pre-market session. The company’s market cap stands at $69.4 million.
  • Cree (NASDAQ:CREE) shares decreased by 4.93% to $82.0. The market value of their outstanding shares is at $9.4 billion. As per the news, the Q4 earnings report came out yesterday.
  • Sonim Technologies (NASDAQ:SONM) shares decreased by 4.15% to $0.37. The company’s market cap stands at $24.7 million. As per the news, the Q2 earnings report came out 2 days ago.
  • ALFI (NASDAQ:ALF) stock decreased by 4.15% to $9.72. The market value of their outstanding shares is at $138.5 million.
  • Minim (NASDAQ:MINM) stock decreased by 3.02% to $2.25. The market value of their outstanding shares is at $102.6 million. As per the press release, Q2 earnings came out 2 days ago.
  • Cleanspark (NASDAQ:CLSK) shares declined by 3.01% to $11.3. The market value of their outstanding shares is at $392.0 million. As per the news, the Q3 earnings report came out 2 days ago.

 

 

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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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