Will gogo and vmeo andhave positive momentum in intraday trading hours

Gogo (GOGO) and Vimeo (VMEO) are not likely to experience positive momentum in intraday trading hours. Here's why:

1. Gogo (GOGO):
   • The stock has been underperforming, with a loss of about 35.3% since the beginning of the year compared to the S&P 500's gain of 19.8%.
   • Analysts have a neutral rating on Gogo, with a consensus price target of $12.17, indicating a potential upside, but this does not suggest immediate positive momentum.
   • Recent earnings beat estimates, but this was followed by a downgrade and a price target reduction, suggesting potential bearish sentiment.

2. Vimeo (VMEO):
   • Vimeo's stock surged by more than 18% in premarket trading after the company reported better-than-expected Q4 revenue and operating income forecasts.
   • The company's CEO and CFO expressed confidence in the company's growth prospects, particularly with the introduction of AI-driven features and a new app.
   • Analysts have upgraded Vimeo, indicating a positive outlook, with a consensus EPS estimate of $0.05 for the quarter, which was beaten by the company's actual EPS of $0.05.

3. Intraday Momentum Analysis:
   • Gogo's option order flow sentiment shows a net equivalent of shares of stock, with the largest delta coming from an unknown option contract. This does not provide clear bullish or bearish sentiment.
   • Vimeo's option order flow sentiment is more defined, with a bullish pressure delta volume and a weighted average stock price of the bullish order flow trades. This suggests a more pronounced bullish sentiment compared to Gogo.

In conclusion, while Vimeo shows signs of positive momentum in intraday trading hours based on option order flow sentiment, Gogo does not exhibit similar indications. Vimeo's better-than-expected revenue forecasts and the strategic direction highlighted in their earnings call contribute to a more optimistic outlook for Vimeo's intraday momentum. Gogo, on the other hand, faces a more neutral to potentially bearish sentiment based on its recent performance and analyst ratings.