12 Tech Stocks on the Move in After-Market Trading on Tuesday

CCSC Tech Intl Holdings CCTG shares rose 27.3% to $1.54 in Tuesday's after-market session, while Cohu COHU stock decreased by 11.0% to $20.27. ReAlpha Tech AIRE stock increased by 9.95% to $0.77 and Aeluma ALMU stock moved upwards by 6.67% to $19.49. Zenvia ZENV shares declined by 9.78% to $1.2 and Bitfarms BITF shares fell 7.34% to $2.4.

Tech stocks experienced mixed movements on Tuesday's after-market session, with notable changes in the performance of several key players. Cohu Inc. (COHU) saw its shares drop by 11.0% to $20.27, following the announcement of a $200 million convertible bonds sale. The Poway, California-based company plans to use the net proceeds for general corporate purposes and to pay the cost of capped calls and derivative transactions aimed at reducing potential dilution Cohu drops after $200 mln convertible bonds sale unveil^[1].

Meanwhile, CCSC Tech Intl Holdings (CCTG) shares rose by 27.3% to $1.54, indicating investor optimism following the company's recent corporate actions. ReAlpha Tech (AIRE) stock increased by 9.95% to $0.77, following the company's announcement that it has regained compliance with the Nasdaq minimum market value of listed securities requirement. This news came after the company previously disclosed that it was not in compliance with the rule reAlpha regains compliance with Nasdaq minimum market value of listed securities requirement^[2].

Aeluma Inc. (ALMU) stock moved upwards by 6.67% to $19.49, while Zenvia Inc. (ZENV) shares declined by 9.78% to $1.2. Bitfarms Inc. (BITF) stock fell by 7.34% to $2.4, indicating a mixed day for the sector overall.

These movements reflect the ongoing dynamics of the tech sector, with companies responding to various corporate actions and market conditions. Investors should continue to monitor these developments and assess the potential impact on their portfolios.