12 IT Stocks Experience Intraday Movement on Tuesday: Gainers and Losers

Several IT stocks moved significantly in Tuesday's intraday session. Gainers include Telos, Soluna Holdings, Inseego, Ondas Holdings, and Cerence, while losers include Eastman Kodak, BigBear.ai, Viant Technology, LivePerson, MMTEC, and Acorn Energy.

Several IT stocks experienced notable movements in Tuesday's intraday session, with Telos, Soluna Holdings, Inseego, Ondas Holdings, and Cerence emerging as the top gainers. Conversely, Eastman Kodak, BigBear.ai, Viant Technology, LivePerson, MMTEC, and Acorn Energy were among the losers.

Telos (TLS) shares surged by 35.0% to $5.23, with a market value of $284.3 million. The company reported its Q2 earnings yesterday [1]. Soluna Holdings (SLNH) shares increased by 19.51% to $0.54, with a market value of $12.1 million. Inseego (INSG) stock moved upwards by 19.21% to $8.5, with a market value of $107.0 million, and the company's Q2 earnings were released three days ago [1]. Ondas Holdings (ONDS) stock rose 17.78% to $4.04, with a market value of $615.8 million, and the company's Q2 earnings were released today [1]. Cerence (CRNC) stock increased by 15.78% to $10.78, with a market cap of $402.7 million, and the company's Q3 earnings were released four days ago [1].

Among the losers, Eastman Kodak (KODK) shares declined by 24.2% to $5.14, with a market value of $547.6 million, and the company's Q2 earnings were reported yesterday [1]. BigBear.ai (BBAI) stock fell by 21.8% to $5.54, with a market value of $2.0 billion, and the company's Q2 earnings report was released yesterday [1]. Viant Technology (DSP) shares fell 18.51% to $9.78, with a market value of $190.1 million, and the company's Q2 earnings were released yesterday [1]. LivePerson (LPSN) stock decreased by 17.57% to $0.98, with a market value of $111.6 million, and the company's Q2 earnings were released yesterday [1]. MMTEC (MTC) stock decreased by 13.8% to $1.0, with a market cap of $29.2 million [1]. Acorn Energy (ACFN) stock fell 12.75% to $26.5, with a market value of $75.6 million, and the company's Q2 earnings were reported three days ago [1].

These movements underscore the volatility and dynamic nature of the IT sector, driven by various factors including earnings reports, market sentiment, and broader economic conditions. Investors should closely monitor these developments and consider their impact on individual stock performance and overall market trends.

References:
[1] https://www.benzinga.com/insights/movers/25/08/47068069/12-information-technology-stocks-moving-in-tuesdays-intraday-session
[2] https://www.marketscreener.com/news/sector-update-tech-stocks-gain-tuesday-afternoon-ce7c51dadc89ff27
[3] https://www.mychesco.com/a/news/regional/acorn-energy-posts-55-revenue-surge-on-strength-of-cell-tower-contract-nasdaq-uplisting/
[4] https://za.investing.com/news/stock-market-news/afterhours-movers-coreweave-cava-group-circle-internet-group-and-more-432SI-3835050