Últimas noticias sobre Comtech Telecom (NASDAQ:CMTL) Bolsa

Comtech Telecom

Comtech Telecommunications Corp is a provider of modern communications solutions. The company is engaged in designing, developing, producing and marketing products, systems, and services for communications solutions. It is engaged in two business segments, Satellite and Space Communications and Terrestrial and Wireless Networks. Majority of sales are generated from Satellite and Space Communications segment.

Comtech

Comtech Telecommunications Corp. - Common Stock

Comtech Telecommunications Corp

<h3>Gainers</h3>
<ul>
<li>Alpha Technology Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ATGL#NASDAQ">ATGL</a>) shares rose 5.2% to $3.87 during Thursday's after-market session. The market value of their outstanding shares is at $59.0 million. </li>
<li>Prairie Operating (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PROP#NASDAQ">PROP</a>) stock moved upwards by 5.0% to $8.61. The company's market cap stands at $108.1 million. </li>
<li>Comtech Telecom (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMTL#NASDAQ">CMTL</a>) shares moved upwards by 4.85% to $4.29. The company's market cap stands at $122.2 million. </li>
<li>Expensify (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXFY#NASDAQ">EXFY</a>) shares moved upwards by 4.43% to $2.12. The market value of their outstanding shares is at $186.3 million. </li>
<li>Mercurity Fintech Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MFH#NASDAQ">MFH</a>) shares rose 4.34% to $1.44. The market value of their outstanding shares is at $87.5 million. </li>
<li>XIAO-I (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIXI#NASDAQ">AIXI</a>) shares rose 4.25% to $6.67. The market value of their outstanding shares is at $486.9 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>BTC Digital (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BTCT#NASDAQ">BTCT</a>) shares fell 14.1% to $1.53 during Thursday's after-market session. The company's market cap stands at $3.9 million. </li>
<li>MicroCloud Hologram (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOLO#NASDAQ">HOLO</a>) stock declined by 5.2% to $0.27. The market value of their outstanding shares is at $22.3 million. </li>
<li>Cambium Networks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMBM#NASDAQ">CMBM</a>) shares declined by 3.89% to $1.73. The market value of their outstanding shares is at $48.8 million. </li>
<li>Saverone 2014 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SVRE#NASDAQ">SVRE</a>) stock fell 3.41% to $0.14. The company's market cap stands at $2.7 million. </li>
<li>Cerence (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRNC#NASDAQ">CRNC</a>) stock fell 2.99% to $2.6. The market value of their outstanding shares is at $108.6 million. </li>
<li>Nano Labs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NA#NASDAQ">NA</a>) stock declined by 2.87% to $0.56. The market value of their outstanding shares is at $57.8 million. 
See Also: <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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AIXI

ATGL

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CMBM

CMTL

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MicroCloud Hologram Inc. - Ordinary Shares

HOLO

PROP

SVRE

12 Information Technology Stocks Moving In Thursday's After-Market Session

WIIM

ABTS

ANET

BKYI

CDNS

COHR

DOCN

FLEX

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Shares of companies within the broader technology sector are trading higher amid strength in the overall market, which may be gaining amid strength with NVIDIA and other chip stocks. At the ABC 2024 Presidential Debate, Vice President Harris said she wants to invest in American-based technology to win the race on AI and quantum computing.

U.S. sovereign designed DCG modems enable warfighters and military assets to easily roam across commercial and purpose-built networks
Sept. 11, 2024--Comtech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMTL#NASDAQ">CMTL</a>) ("the Company"), a global technology leader, today announced the launch of the Company's new Digital Common Ground ("DCG") portfolio of modems. Comtech's DCG product line is designed to enable the U.S. Department of Defense ("DoD") and coalition partners to move to digitized, hybrid satellite network architectures, which will bring forward a new era of secure, resilient, interoperable, and ubiquitous connectivity across all domains.

News

Comtech Launches New Digital Common Ground Modem Product Line For DoD And Coalition Customers

Buoyed by a holistic growth model, Nokia Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nok#NYSE">NOK</a>) is currently trading at $4.22, close to its 52-week high of $4.225. The stock has gained 19.6% over the past six months compared with the industry&#39;s growth of 19.1%, outperforming peers like Comtech Telecommunications Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cmtl#NASDAQ">CMTL</a>) but lagging Ericsson (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/eric#NASDAQ">ERIC</a>).
Nokia is well-positioned for the ongoing technology cycle, given the strength of its end-to-end portfolio. The company&#39;s deal win rate is encouraging with notable successes in the key 5G markets of the United States and China.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/6b/75698.jpg?v=1470634992" />
Image Source: Zacks Investment Research
<h2>NOK&#39;s Value Creation Journey, Strategic Focus</h2>
Nokia has made significant progress on its three-phased journey of value creation: Reset, Accelerate and Scale. Its focus on capital allocation and technology leadership is expected to help it grow profitably. Nokia is on track to achieve sustainable, profitable growth and technology leadership by accelerating its product roadmap and cost competitiveness through additional 5G investments. The 5G portfolio is gaining traction among enterprise customers. Nokia currently has 319 commercial 5G deals with communications service providers globally. It has 110 live 5G networks, both public and private.
Nokia is also focused on its strategy, which hinges on four priorities. The first priority is to lead in high-performance end-to-end networks with its communications service provider customers. The second one is the relentless pursuit to expand network sales to select vertical markets, specifically energy, transportation, public sector, technical extra-large enterprises and webscale players such as Google and Amazon. Building a strong standalone software business is the third priority. The fourth one is to create new business and licensing opportunities in the consumer ecosystem.
<h2>Key Growth Drivers for NOK Stock</h2>
To strengthen its leading position in the market, Nokia facilitates its customers to move away from an economy-of-scale network operating model to demand-driven operations by offering easy programmability and flexible automation needed to support dynamic operations, reduce complexity and improve efficiency. The company seeks to expand its business into targeted, high-growth and high-margin vertical markets to address growth opportunities beyond its traditional primary markets.
Its installed base of high-capacity AirScale products, which enables customers to quickly upgrade to 5G, is growing fast. The company is driving the transition of global enterprises into smart virtual networks by creating a single network for all services, converging mobile and fixed broadband, IP routing and optical networks with the software and services to manage them. Leveraging state-of-the-art technology, Nokia is transforming the way people and things communicate and connect. These include a seamless transition to 5G technology, ultra-broadband access, IP and Software Defined Networking, cloud applications and the Internet of Things.
<h2>Nokia Offering O-RAN With Commercial 5G Cloud-RAN Networks</h2>
Nokia is poised to benefit from copper and fiber deployments of passive optical networking. It is reportedly the only global supplier offering Open Radio Access Network (O-RAN) with commercial 5G Cloud-RAN networks. The company intends to accelerate strategy execution, sharpen customer focus and reduce long-term costs. At the same time, it is focused on building a strong scalable software business and expand it to structurally attractive enterprise adjacencies. Nokia&#39;s C-Band portfolio supports 5G standalone and non-standalone networks, cloud-based implementations and O-RAN products.
<h2>Margin Pressure: A Major Headwind for NOK</h2>
Nokia&#39;s Mobile Networks business is facing intensifying competition in some accounts as rivals seek to take share in the early stage of 5G. Some of its customers have re-evaluated their vendors in light of security concerns, creating near-term pressure for the company. AT&amp;T Inc.&#39;s (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/t#NYSE">T</a>) decision to replace Nokia with a single vendor in the form of Ericsson is expected to hurt net sales.
A slowdown of 5G deployments in India is another headwind. Owing to the challenging market situation, the company has reduced its operating margin target for fiscal 2026. Nokia&#39;s plan to improve its research and development (R&amp;D) productivity and reduce support function costs is dependent on the successful execution of its cost-saving program.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/d1/75700.jpg?v=2081980694" />
Image Source: Zacks Investment Research
<h2>Softness in Key End Markets of Nokia</h2>
Despite improvement in the demand environment, weakness in several regions, including the Asia Pacific, Europe, Middle East and Africa, have hurt sales in the Network Infrastructure segment. In addition, the market recovery in the optical networks&#39; vertical continues to be slower than the rest of the Network Infrastructure businesses.
<h2>Estimate Revision Trend</h2>
Earnings estimates for Nokia for 2024 have moved down 23.4% to 36 cents over the past year, while the same for 2025 has declined 35.2% to 35 cents. The negative estimate revision depicts bearish sentiments for the stock.
<img alt="Zacks Investment Research" src="https://staticx-tuner.zacks.com/images/articles/charts/0d/75701.jpg?v=1419845589" />
Image Source: Zacks Investment Research
<h2>End Note</h2>
Nokia has emerged as one of the leading players in the development of advanced 5G technology and is at the forefront of extending 5G use cases in various industries. It has laid a strong foundation of innovation through substantial infrastructure investments. This has led to the establishment of an impressive portfolio comprising approximately 20,000 patent families, including more than 6,000 patent families that are deemed crucial to 5G technology.
However, stiff competition and softness in key end markets are likely to put pressure on the bottom-line growth. The downtrend in estimate revisions further portrays skepticism about the stock&#39;s growth potential. High R&amp;D costs eroded its profitability to a large extent. With a Zacks Rank #3 (Hold), Nokia appears to be treading in the middle of the road, and investors could be better off if they trade with caution.
<a href="https://www.zacks.com/stock/news/2328315/nokia-shares-gain-20-in-the-past-6-months-reason-to-buy-nok-stock?cid=CS-BENZ-FT-analyst_blog|most_popular_stocks-2328315">To read this article on Zacks.com click here.</a>

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ERIC

Nokia Shares Gain 20% in the Past 6 Months: Reason to Buy NOK Stock?

Comtech shares are trading higher after the company announced it was awarded a $30 million contract to deliver Next Generation 9-1-1 services that will further modernize NCT9-1-1's infrastructure.

Comtech Awarded Contract to Deliver Next Generation 9-1-1 Services for North Central Texas Emergency Communications District; Five-Year Base Award Plus Three Two-Year Options, Total Value Up to $30M

<h3>Gainers</h3>
<ul>
<li>Presto Automation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRST#NASDAQ">PRST</a>) shares rose 45.5% to $0.11 during Thursday's pre-market session. The company's market cap stands at $12.5 million. </li>
<li>SMX (Security Matters) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMX#NASDAQ">SMX</a>) shares rose 23.02% to $0.15. The market value of their outstanding shares is at $5.7 million. </li>
<li>Schmid Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHMD#NASDAQ">SHMD</a>) stock rose 16.72% to $4.99. The company's market cap stands at $214.4 million. </li>
<li>Syntec Optics Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OPTX#NASDAQ">OPTX</a>) stock rose 14.76% to $2.41. The market value of their outstanding shares is at $88.4 million. </li>
<li>Cyngn (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CYN#NASDAQ">CYN</a>) stock increased by 10.83% to $0.09. The market value of their outstanding shares is at $12.4 million. </li>
<li>Vuzix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VUZI#NASDAQ">VUZI</a>) shares increased by 10.52% to $1.47. The market value of their outstanding shares is at $95.1 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Actelis Networks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASNS#NASDAQ">ASNS</a>) stock decreased by 13.2% to $1.84 during Thursday's pre-market session. The market value of their outstanding shares is at $6.1 million. </li>
<li>T Stamp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IDAI#NASDAQ">IDAI</a>) stock decreased by 8.22% to $0.48. The company's market cap stands at $5.0 million. </li>
<li>MicroAlgo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MLGO#NASDAQ">MLGO</a>) stock declined by 7.6% to $3.77. The company's market cap stands at $28.7 million. </li>
<li>Comtech Telecom (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMTL#NASDAQ">CMTL</a>) shares fell 7.38% to $3.77. The market value of their outstanding shares is at $107.4 million. The company's, Q3 earnings came out 2 days ago. </li>
<li>GSI Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GSIT#NASDAQ">GSIT</a>) shares fell 6.37% to $2.5. The market value of their outstanding shares is at $63.6 million. </li>
<li>Hitek Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HKIT#NASDAQ">HKIT</a>) stock declined by 4.91% to $1.57. The market value of their outstanding shares is at $22.5 million. 
See Also: <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

ASNS

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IDAI

MLGO

OPTX

PRST

SHMD

VUZI

12 Information Technology Stocks Moving In Thursday's Pre-Market Session

<h3>Gainers</h3>
<ul>
<li>Presto Automation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRST#NASDAQ">PRST</a>) shares moved upwards by 33.1% to $0.1 during Wednesday's after-market session. The company's market cap stands at $11.4 million. </li>
<li>DatChat (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DATS#NASDAQ">DATS</a>) shares moved upwards by 21.13% to $1.49. The company's market cap stands at $4.4 million. </li>
<li>SMX (Security Matters) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMX#NASDAQ">SMX</a>) shares moved upwards by 14.36% to $0.14. The market value of their outstanding shares is at $5.3 million. </li>
<li>Cyngn (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CYN#NASDAQ">CYN</a>) shares increased by 9.57% to $0.09. The market value of their outstanding shares is at $12.3 million. </li>
<li>Arteris (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIP#NASDAQ">AIP</a>) stock rose 6.89% to $8.68. The company's market cap stands at $333.9 million. </li>
<li>Intrusion (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTZ#NASDAQ">INTZ</a>) stock rose 5.73% to $1.29. The market value of their outstanding shares is at $6.3 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>WISeKey Intl Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WKEY#NASDAQ">WKEY</a>) stock declined by 9.2% to $1.97 during Wednesday's after-market session. The company's market cap stands at $19.0 million. </li>
<li>GSI Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GSIT#NASDAQ">GSIT</a>) shares decreased by 6.37% to $2.5. The market value of their outstanding shares is at $63.6 million. </li>
<li>Actelis Networks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASNS#NASDAQ">ASNS</a>) shares fell 6.14% to $1.99. The company's market cap stands at $6.6 million. </li>
<li>Comtech Telecom (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMTL#NASDAQ">CMTL</a>) shares decreased by 5.66% to $3.84. The company's market cap stands at $109.3 million. The company's, Q3 earnings came out yesterday. </li>
<li>Ostin Technology Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OST#NASDAQ">OST</a>) stock decreased by 5.18% to $0.4. The company's market cap stands at $5.9 million. </li>
<li>Extreme Networks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXTR#NASDAQ">EXTR</a>) shares declined by 5.17% to $11.65. The market value of their outstanding shares is at $1.5 billion. 
See Also: <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

DATS

EXTR

INTZ

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12 Information Technology Stocks Moving In Wednesday's After-Market Session

<h3>Gainers</h3>
<ul>
<li>Comtech Telecom (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMTL#NASDAQ">CMTL</a>) stock increased by 86.6% to $4.05 during Wednesday's regular session. The market value of their outstanding shares is at $115.3 million. As per the news, the Q3 earnings report came out yesterday. </li>
<li>Actelis Networks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASNS#NASDAQ">ASNS</a>) stock moved upwards by 84.38% to $2.12. The company's market cap stands at $7.1 million. </li>
<li>VirnetX Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VHC#NYSE">VHC</a>) shares rose 19.61% to $4.94. The market value of their outstanding shares is at $18.1 million. </li>
<li>Wrap Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WRAP#NASDAQ">WRAP</a>) shares increased by 19.54% to $1.59. The market value of their outstanding shares is at $70.3 million. </li>
<li>Airship AI Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AISP#NASDAQ">AISP</a>) shares moved upwards by 18.7% to $4.76. The market value of their outstanding shares is at $110.2 million. </li>
<li>SMX (Security Matters) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMX#NASDAQ">SMX</a>) shares moved upwards by 17.99% to $0.12. The market value of their outstanding shares is at $4.6 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Quantum (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QMCO#NASDAQ">QMCO</a>) shares declined by 51.9% to $0.38 during Wednesday's regular session. The company's market cap stands at $35.9 million. As per the press release, Q4 earnings came out 2 days ago. </li>
<li>QXO (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QXO#NASDAQ">QXO</a>) stock fell 25.47% to $91.0. The company's market cap stands at $60.4 million. </li>
<li>MicroCloud Hologram (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOLO#NASDAQ">HOLO</a>) stock fell 19.83% to $0.95. The company's market cap stands at $77.5 million. </li>
<li>Alarum Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALAR#NASDAQ">ALAR</a>) shares fell 19.7% to $27.72. The company's market cap stands at $188.0 million. </li>
<li>Syntec Optics Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OPTX#NASDAQ">OPTX</a>) shares decreased by 17.57% to $2.1. The company's market cap stands at $77.0 million. </li>
<li>Spectaire Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPEC#NASDAQ">SPEC</a>) shares declined by 16.65% to $0.33. The company's market cap stands at $6.0 million. 
See Also: <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

AISP

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12 Information Technology Stocks Moving In Wednesday's Intraday Session

<h3>Gainers</h3>
<ul>
<li>Actelis Networks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASNS#NASDAQ">ASNS</a>) stock increased by 114.8% to $2.47 during Wednesday's pre-market session. The company's market cap stands at $8.2 million. </li>
<li>MicroAlgo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MLGO#NASDAQ">MLGO</a>) stock rose 40.56% to $4.99. The company's market cap stands at $37.9 million. </li>
<li>Comtech Telecom (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMTL#NASDAQ">CMTL</a>) stock increased by 38.7% to $3.01. The market value of their outstanding shares is at $85.7 million. The company's, Q3 earnings came out yesterday. </li>
<li>Schmid Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHMD#NASDAQ">SHMD</a>) stock moved upwards by 25.67% to $5.09. The company's market cap stands at $218.7 million. </li>
<li>Ostin Technology Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OST#NASDAQ">OST</a>) stock moved upwards by 18.1% to $0.49. The market value of their outstanding shares is at $7.1 million. </li>
<li>SmartKem (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMTK#NASDAQ">SMTK</a>) stock rose 10.24% to $7.1. The company's market cap stands at $12.1 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Quantum (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QMCO#NASDAQ">QMCO</a>) shares declined by 38.0% to $0.48 during Wednesday's pre-market session. The company's market cap stands at $46.3 million. As per the press release, Q4 earnings came out 2 days ago. </li>
<li>Spectaire Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPEC#NASDAQ">SPEC</a>) shares declined by 10.29% to $0.35. The market value of their outstanding shares is at $6.4 million. </li>
<li>Peraso (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRSO#NASDAQ">PRSO</a>) stock decreased by 7.95% to $1.39. The market value of their outstanding shares is at $3.7 million. </li>
<li>QXO (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QXO#NASDAQ">QXO</a>) stock fell 6.63% to $114.0. The company's market cap stands at $75.7 million. </li>
<li>Presto Automation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRST#NASDAQ">PRST</a>) shares decreased by 6.58% to $0.07. The market value of their outstanding shares is at $8.4 million. </li>
<li>Sequans Communications (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SQNS#NYSE">SQNS</a>) stock fell 5.56% to $0.49. The market value of their outstanding shares is at $30.4 million. 
See Also: <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

PRSO

SMTK

SQNS

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

<h3>Gainers</h3>
<ul>
<li>SMX (Security Matters) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMX#NASDAQ">SMX</a>) shares rose 45.0% to $0.17 during Tuesday's after-market session. The company's market cap stands at $6.7 million. </li>
<li>Presto Automation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRST#NASDAQ">PRST</a>) stock increased by 19.02% to $0.09. The company's market cap stands at $10.2 million. </li>
<li>Arteris (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIP#NASDAQ">AIP</a>) shares rose 6.89% to $8.68. The company's market cap stands at $333.9 million. </li>
<li>CISO Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CISO#NASDAQ">CISO</a>) shares rose 5.44% to $0.75. The market value of their outstanding shares is at $9.1 million. </li>
<li>Inuvo (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/INUV#AMEX">INUV</a>) stock increased by 5.35% to $0.25. The company's market cap stands at $35.0 million. </li>
<li>Zapata Computing Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZPTA#NASDAQ">ZPTA</a>) shares increased by 5.03% to $0.66. The market value of their outstanding shares is at $21.2 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Comtech Telecom (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMTL#NASDAQ">CMTL</a>) shares fell 8.4% to $3.73 during Tuesday's after-market session. The company's market cap stands at $106.2 million. As per the news, the Q3 earnings report came out today. </li>
<li>Actelis Networks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASNS#NASDAQ">ASNS</a>) shares declined by 7.55% to $1.96. The company's market cap stands at $6.5 million. </li>
<li>Akoustis Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AKTS#NASDAQ">AKTS</a>) shares fell 4.28% to $0.12. The market value of their outstanding shares is at $12.7 million. </li>
<li>Gryphon Digital Mining (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GRYP#NASDAQ">GRYP</a>) stock decreased by 4.01% to $1.2. The company's market cap stands at $47.1 million. </li>
<li>X3 Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XTKG#NASDAQ">XTKG</a>) stock fell 3.64% to $0.53. The market value of their outstanding shares is at $145.9 million. </li>
<li>Extreme Networks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXTR#NASDAQ">EXTR</a>) stock decreased by 2.29% to $12.0. The company's market cap stands at $1.5 billion. 
See Also: <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Information Technology Stocks Moving In Tuesday's After-Market Session

U.S. stocks traded mixed toward the end of trading, with the S&amp;P 500 gaining around 0.1% on Tuesday.
The Dow traded down 0.02% to 38,771.09 while the NASDAQ fell 0.03% to 17,851.60. The S&amp;P 500 also rose, gaining, 0.13% to 5,480.41.
Check This Out: <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/06/39379183/wall-streets-most-accurate-analysts-weigh-in-on-3-real-estate-stocks-with-over-8-dividen">Wall Street&#8217;s Most Accurate Analysts Weigh In On 3 Real Estate Stocks With Over 8% Dividend Yields</a>
Leading and Lagging Sectors Information technology shares jumped by 0.6% on Tuesday.
In trading on Tuesday, communication services shares fell by 1%.
Top Headline
America's Car-Mart Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRMT#NASDAQ">CRMT</a>) shares fell over 7% during Tuesday's session after the company reported worse-than expected fourth-quarter earnings.
The company reported a fourth-quarter FY24 sales decline of 5.8% year-on-year to $364.67 million, beating the analyst consensus estimate of $361.47 million. EPS of 6 cents missed the analyst consensus estimate of 89 cents.
Equities Trading UP &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<ul>
<li>Reliance Global Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RELI#NASDAQ">RELI</a>) shares shot up 127% to $0.5081 after the company said it expects the pending acquisition of Spetner Associates to close in the second half of 2024, projecting it to increase annualized revenue to approximately $28 million.</li>
<li>Shares of Actelis Networks Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASNS#NASDAQ">ASNS</a>) got a boost, surging 89% to $2.1650 after the IoT solutions provider disclosed its partnership with Carahsoft, a leading U.S. IT Software and Services Company.</li>
<li>Comtech Telecommunications Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMTL#NASDAQ">CMTL</a>) shares were also up, gaining 51% to $3.2701 after the company announced a new $222 million credit facility.</li>
</ul>
Equities Trading DOWN
<ul>
<li>Taysha Gene Therapies Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSHA#NASDAQ">TSHA</a>) shares dropped 26% to $2.9950 after the company announced longer-term clinical data from the ongoing REVEAL Phase 1/2 adolescent and adult trial and initial clinical data from the REVEAL Phase 1/2 pediatric trial of TSHA-102 in Rett syndrome.</li>
<li>Shares of DermTech, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DMTK#NASDAQ">DMTK</a>) were down 51% to $0.1612 after the company filed for Chapter 11 protection and implemented a 20% workforce reduction to preserve cash.</li>
<li>Quantum Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QMCO#NASDAQ">QMCO</a>) was down, falling 50% to $0.3918 following weaker-than-expected FY 2024 results.</li>
</ul>
Also Check This Out: <a href="https://www.benzinga.com/news/earnings/24/06/39378113/how-to-earn-500-a-month-from-jabil-stock-ahead-of-q3-earnings-report">How To Earn $500 A Month From Jabil Stock Ahead Of Q3 Earnings Report</a>
Commodities In commodity news, oil traded up 1.2% to $81.26 while gold traded up 0.7% at $2,344.10.
Silver traded up 0.5% to $29.55 on Tuesday, while copper rose 0.9% to $4.4890.
Euro zone
European shares closed higher today. The eurozone's STOXX 600 gained 0.69%, Germany's DAX rose 0.35% and France's CAC 40 gained 0.76%. Spain's IBEX 35 Index rose 0.99%, while London's FTSE 100 climbed 0.60%.
Annual inflation rate in the Eurozone accelerated to 2.6% in May from 2.4% in the previous month, while ZEW Indicator of Economic Sentiment rose by 4.3 points to a reading of 51.3 in June.
The ZEW Indicator of Economic Sentiment for Germany rose to 47.5 in June, notching the highest reading since February 2022.
Asia Pacific Markets
Asian markets closed mostly higher on Tuesday, with Japan's Nikkei gaining 1%, Hong Kong's Hang Seng Index declining 0.11%, China's Shanghai Composite Index gaining 0.48% and India's S&amp;P BSE Sensex gaining 0.4%.
Singapore&#8217;s non-oil domestic exports slipped 0.1% year-over-year for May versus a sharp 9.6% decline in the prior month.
Economics
<ul>
<li>U.S. retail sales rose 0.1% month-over-month in May compared to a revised 0.2% declined in April and missing market expectations of 0.2% gain.</li>
<li>U.S. industrial production increased 0.9% month-over-month in May, topping market estimates of a 0.3% gain.</li>
</ul>
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Eurozone

Commodities

Intraday Update

CRMT

DMTK

RELI

TSHA

S&P 500 Edges Higher; America's Car-Mart Shares Tumble After Q4 Earnings

Shares of Quantum Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QMCO#NASDAQ">QMCO</a>) fell sharply during Tuesday's session after the company reported worse-than-expected FY24 financial results and issued FY25 <a href="https://www.benzinga.com/quote/QMCO/earnings">guidance below estimates</a>.
Quantum shares dipped 44.5% to $0.43 on Tuesday.
Here are some other stocks moving in today&#8217;s mid-day session.
<h3 class="wp-block-heading">Gainers</h3>
<ul>
<li>Reliance Global Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RELI#NASDAQ">RELI</a>) shares jumped 350% to $1.00 after the company issued an update on the pending acquisition of Spetner Associates.</li>
<li>NLS Pharmaceutics AG (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NLSP#NASDAQ">NLSP</a>) shares rose 166% to $0.3930 after jumping 30% on Monday.</li>
<li>Actelis Networks, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASNS#NASDAQ">ASNS</a>) climbed 80.9% to $2.08 after the company announced a partnership with Carahsoft Technology Corp.</li>
<li>Comtech Telecommunications Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMTL#NASDAQ">CMTL</a>) rose 65% to $3.5801 after the company announced a new $222 million credit facility.</li>
<li>Mustang Bio, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MBIO#NASDAQ">MBIO</a>) gained 60.6% to $1.2050. Mustang Bio shares jumped 477% on Monday after the company announced safety and efficacy data from the complete Waldenstrom Macroglobulinemia cohort of its Phase 1/2 clinical trial of MB-106, showing an overall response rate of 90% with one patient remaining in complete remission at 31 months.</li>
<li>Sonoma Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SNOA#NASDAQ">SNOA</a>) climbed 39.2% to $0.2342 following fourth-quarter results.</li>
<li>Silk Road Medical, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SILK#NASDAQ">SILK</a>) jumped 23.8% to $26.83 after the company entered a definitive deal to be acquired by Boston Scientific for $27.50 per share.</li>
<li>Mesa Air Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MESA#NASDAQ">MESA</a>) gained 23.7% to $1.3990 following upbeat quarterly earnings.</li>
<li>Silynxcom Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SYNX#NASDAQ">SYNX</a>) gained 20.4% to $3.8826 as the company secured multiple orders from the  US Federal and Law Enforcement Organizations of its new tactical system.</li>
<li>La-Z-Boy Incorporated (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LZB#NYSE">LZB</a>) jumped 17.7% to $40.11.</li>
<li>Karooooo Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KARO#NASDAQ">KARO</a>) gained 14.6% to $33.59</li>
<li>Kintara Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KTRA#NASDAQ">KTRA</a>) shares rose 14.5% to $0.2049 following better-than-expected fourth-quarter earnings.</li>
<li>Chegg, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHGG#NYSE">CHGG</a>) rose 14.2% to $2.9811 after the company announced a restructuring plan and new vision for growth.</li>
<li>Mynd.ai, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MYND#NASDAQ">MYND</a>) gained 9.7% to $2.7183.</li>
<li>Patterson Companies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDCO#NASDAQ">PDCO</a>) gained 9.7% to $25.06 following quarterly results.</li>
<li>Chewy, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CHWY#NYSE">CHWY</a>) climbed 9.4% to $24.96</li>
<li>Rocket Lab USA, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RKLB#NASDAQ">RKLB</a>) rose 9% to $4.7305 after signing a 10-launch deal with Japanese firm Synspective in Tokyo.</li>
<li>Toast, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TOST#NYSE">TOST</a>) gained 8.7% to $24.57.</li>
<li>e.l.f. Beauty, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ELF#NYSE">ELF</a>) rose 7% to $209.00 after Canaccord Genuity maintained a Buy rating and raised its price target from $214 to $250.</li>
</ul>
<h3 class="wp-block-heading">Losers</h3>
<ul>
<li>Solidion Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STI#NASDAQ">STI</a>) shares fell 68.4% to $0.6078.</li>
<li>DermTech, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DMTK#NASDAQ">DMTK</a>) fell 58.4% to $0.1383 after the company filed for Chapter 11 protection and implemented a 20% workforce reduction to preserve cash.</li>
<li>Interactive Strength Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TRNR#NASDAQ">TRNR</a>) shares fell 38.9% to $3.00 after surging 71% on Monday.</li>
<li>AERWINS Technologies Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AWIN#NASDAQ">AWIN</a>) shares fell 37% to $2.10. Aerwins Technologies named Kiran Sidhu as the company's interim CFO, following resignation of Yinshun He as CFO on June 11. On June 14, the company received final delisting notice from Nasdaq Hearings Panel of Nasdaq Stock Market.</li>
<li>Taysha Gene Therapies Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSHA#NASDAQ">TSHA</a>) shares fell 34.5% to $2.64 after the company announced longer-term clinical data from the ongoing REVEAL Phase 1/2 adolescent and adult trial and initial clinical data from the REVEAL Phase 1/2 pediatric trial of TSHA-102 in Rett syndrome.</li>
<li>Zentalis Pharmaceuticals Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZNTL#NASDAQ">ZNTL</a>) dipped 32.7% to $5.64 after the FDA placed a partial clinical hold on ZN-c3-001, DENALI, and TETON monotherapy studies of Azenosertib following two recent deaths due to presumed sepsis in the DENALI study.</li>
<li>Kaival Brands Innovations Group Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KAVL#NASDAQ">KAVL</a>) declined 29% to $2.97</li>
<li>Scinai Immunotherapeutics Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SCNI#NASDAQ">SCNI</a>) shares fell 28.6% to $4.00 after gaining 60% on Monday.</li>
<li>Alarum Technologies Ltd – ADR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALAR#NASDAQ">ALAR</a>) fell 27.3% to $25.11.</li>
<li>Azitra Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AZTR#NYSE">AZTR</a>) dipped 26.2% to $0.16.</li>
<li>Autonomix Medical Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMIX#NASDAQ">AMIX</a>) shares declined 26% to $1.02 as the company announced preliminary results from first five patients in PoC trial for pancreatic cancer pain.</li>
<li>Haoxi Health Technology Ltd (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HAO#NASDAQ">HAO</a>) dipped 19.4% to $4.62.</li>
<li>Virpax Pharmaceuticals, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRPX#NASDAQ">VRPX</a>) shares declined 18.6% to $0.62 after jumping over 10% on Monday.</li>
<li>Cabaletta Bio Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CABA#NASDAQ">CABA</a>) shares fell 15.3% to $7.93.</li>
<li>Neurogene Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NGNE#NASDAQ">NGNE</a>) dipped 15.3% to $33.88. The company announced that the first patient in Cohort 2 received high-dose NGN-401 gene therapy in the Phase 1/2 trial for female pediatric patients with Rett syndrome.</li>
<li>Polestar Automotive Holding Uk Plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PSNY#NASDAQ">PSNY</a>) fell 15% to $0.72. Polestar Automotive recently announced geographic expansion and plans to enter seven new markets during 2025.</li>
<li>Earlyworks Co Ltd &#8211; ADR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ELWS#NASDAQ">ELWS</a>) shares declined 13% to $1.70. Earlyworks regained compliance with Nasdaq Minimum Bid Price Requirement.</li>
<li>SRIVARU Holding Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SVMH#NASDAQ">SVMH</a>) shares fell 12.3% to $0.21.</li>
<li>Skye Bioscience Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SKYE#NASDAQ">SKYE</a>) dipped 12.3% to $9.52. Cantor Fitzgerald analyst Kristen Kluska reiterated Skye Bioscience with an Overweight and maintained a $14 price target.</li>
<li>CureVac BV (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CVAC#NASDAQ">CVAC</a>) declined 9.4% to $3.15.</li>
<li>Novavax Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVAX#NASDAQ">NVAX</a>) fell 6.2% to $13.18.</li>
<li>Geron Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GERN#NASDAQ">GERN</a>) declined 5.4% to $4.42.</li>
</ul>
Now Read This: <a href="https://www.benzinga.com/news/24/06/39380352/nvidia-to-rally-around-53-here-are-10-top-analyst-forecasts-for-tuesday">Nvidia To Rally Around 53%? Here Are 10 Top Analyst Forecasts For Tuesday</a>

AMIX

AWIN

AZTR

CABA

CHGG

CHWY

CVAC

ELWS

GERN

KARO

KAVL

Kintara Therapeutics, Inc. - Common Stock

KTRA

MBIO

MESA

MYND

NGNE

NLSP

NVAX

PDCO

PSNY

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SVMH

SYNX

TOST

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Why Quantum Shares Are Trading Lower By 45%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session

<h3>Gainers</h3>
<ul>
<li>Actelis Networks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASNS#NASDAQ">ASNS</a>) stock increased by 69.4% to $1.95 during Tuesday's regular session. The market value of their outstanding shares is at $6.5 million. </li>
<li>Comtech Telecom (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMTL#NASDAQ">CMTL</a>) shares moved upwards by 52.07% to $3.3. The market value of their outstanding shares is at $93.9 million. The company's, Q3 earnings came out today. </li>
<li>VirnetX Holding (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VHC#NYSE">VHC</a>) stock rose 24.69% to $5.15. The market value of their outstanding shares is at $18.9 million. </li>
<li>Airgain (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIRG#NASDAQ">AIRG</a>) shares increased by 22.99% to $6.9. The market value of their outstanding shares is at $74.3 million. </li>
<li>Nvni Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVNI#NASDAQ">NVNI</a>) shares increased by 15.44% to $1.48. The market value of their outstanding shares is at $42.2 million. </li>
<li>BIO-key Intl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BKYI#NASDAQ">BKYI</a>) stock rose 14.79% to $1.72. The market value of their outstanding shares is at $3.1 million. As per the press release, Q1 earnings came out 2 days ago. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Quantum (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QMCO#NASDAQ">QMCO</a>) shares fell 50.0% to $0.39 during Tuesday's regular session. The company's market cap stands at $37.3 million. As per the news, the Q4 earnings report came out yesterday. </li>
<li>QXO (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QXO#NASDAQ">QXO</a>) shares decreased by 26.04% to $90.3. The company's market cap stands at $59.9 million. </li>
<li>Alarum Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALAR#NASDAQ">ALAR</a>) stock declined by 21.9% to $26.96. The market value of their outstanding shares is at $182.8 million. </li>
<li>ARB IOT Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARBB#NASDAQ">ARBB</a>) shares fell 15.17% to $0.5. The market value of their outstanding shares is at $13.2 million. </li>
<li>CISO Global (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CISO#NASDAQ">CISO</a>) shares fell 13.51% to $0.7. The company's market cap stands at $8.6 million. </li>
<li>AEye (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LIDR#NASDAQ">LIDR</a>) shares fell 12.51% to $1.96. The market value of their outstanding shares is at $14.3 million. 
See Also: <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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12 Information Technology Stocks Moving In Tuesday's Intraday Session

U.S. stocks traded mostly higher midway through trading, with the Dow Jones index gaining around 0.1% on Tuesday.
The Dow traded up 0.09% to 38,814.43 while the NASDAQ fell 0.01% to 17,855.89. The S&amp;P 500 also rose, gaining, 0.19% to 5,483.50.
Check This Out: <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/06/39379183/wall-streets-most-accurate-analysts-weigh-in-on-3-real-estate-stocks-with-over-8-dividen">Wall Street&#8217;s Most Accurate Analysts Weigh In On 3 Real Estate Stocks With Over 8% Dividend Yields</a>
Leading and Lagging Sectors Energy shares jumped by 0.7% on Tuesday.
In trading on Tuesday, communication services shares fell by 0.7%.
Top Headline
U.S. industrial production increased 0.9% month-over-month in May, topping market estimates of a 0.3% gain.
Equities Trading UP &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<ul>
<li>Reliance Global Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RELI#NASDAQ">RELI</a>) shares shot up 258% to $0.7947 after the company said it expects the pending acquisition of Spetner Associates to close in the second half of 2024, projecting it to increase annualized revenue to approximately $28 million.</li>
<li>Shares of Actelis Networks Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASNS#NASDAQ">ASNS</a>) got a boost, surging 73% to $1.99 after the IoT solutions provider disclosed its partnership with Carahsoft, a leading U.S. IT Software and Services Company.</li>
<li>Comtech Telecommunications Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMTL#NASDAQ">CMTL</a>) shares were also up, gaining 50% to $3.26 after the company announced a new $222 million credit facility.</li>
</ul>
Equities Trading DOWN
<ul>
<li>Taysha Gene Therapies Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSHA#NASDAQ">TSHA</a>) shares dropped 31% to $2.77 after the company announced longer-term clinical data from the ongoing REVEAL Phase 1/2 adolescent and adult trial and initial clinical data from the REVEAL Phase 1/2 pediatric trial of TSHA-102 in Rett syndrome.</li>
<li>Shares of DermTech, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DMTK#NASDAQ">DMTK</a>) were down 58% to $0.14 after the company filed for Chapter 11 protection and implemented a 20% workforce reduction to preserve cash.</li>
<li>Quantum Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QMCO#NASDAQ">QMCO</a>) was down, falling 47% to $0.41 following weaker-than-expected FY 2024 results.</li>
</ul>
Also Check This Out: <a href="https://www.benzinga.com/news/earnings/24/06/39378113/how-to-earn-500-a-month-from-jabil-stock-ahead-of-q3-earnings-report">How To Earn $500 A Month From Jabil Stock Ahead Of Q3 Earnings Report</a>
Commodities In commodity news, oil traded up 1.2% to $81.30 while gold traded up 0.6% at $2,342.40.
Silver traded up 0.2% to $29.44 on Tuesday, while copper rose 0.3% to $4.4615.
Euro zone
European shares were higher today. The eurozone's STOXX 600 gained 0.69%, Germany's DAX rose 0.35% and France's CAC 40 gained 0.76%. Spain's IBEX 35 Index rose 0.99%, while London's FTSE 100 climbed 0.60%.
Annual inflation rate in the Eurozone accelerated to 2.6% in May from 2.4% in the previous month, while ZEW Indicator of Economic Sentiment rose by 4.3 points to a reading of 51.3 in June.
The ZEW Indicator of Economic Sentiment for Germany rose to 47.5 in June, notching the highest reading since February 2022.
Asia Pacific Markets
Asian markets closed mostly higher on Tuesday, with Japan's Nikkei gaining 1%, Hong Kong's Hang Seng Index declining 0.11%, China's Shanghai Composite Index gaining 0.48% and India's S&amp;P BSE Sensex gaining 0.4%.
Singapore&#8217;s non-oil domestic exports slipped 0.1% year-over-year for May versus a sharp 9.6% decline in the prior month.
Economics
<ul>
<li>U.S. retail sales rose 0.1% month-over-month in May compared to a revised 0.2% declined in April and missing market expectations of 0.2% gain.</li>
<li>U.S. industrial production increased 0.9% month-over-month in May, topping market estimates of a 0.3% gain.</li>
</ul>
Now Read This: <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/06/39379356/176m-bet-on-occidental-petroleum-check-out-these-3-stocks-insiders-are-buying">$176M Bet On Occidental Petroleum? Check Out These 3 Stocks Insiders Are Buying</a>

Crude Oil Rises 1%; DermTech Shares Plummet

U.S. stocks traded mixed this morning, with the Nasdaq Composite edging lower on Tuesday.
Following the market opening Tuesday, the Dow traded up 0.25% to 38,875.50 while the NASDAQ fell 0.12% to 17,836.13. The S&amp;P 500 also rose, gaining, 0.15% to 5,481.48.
Check This Out: <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/06/39379183/wall-streets-most-accurate-analysts-weigh-in-on-3-real-estate-stocks-with-over-8-dividen">Wall Street&#8217;s Most Accurate Analysts Weigh In On 3 Real Estate Stocks With Over 8% Dividend Yields</a>
Leading and Lagging Sectors Energy shares jumped by 1.6% on Tuesday.
In trading on Tuesday, consumer discretionary shares fell by 0.4%.
Top Headline
U.S. retail sales rose 0.1% month-over-month in May compared to a revised 0.2% declined in April and missing market expectations of 0.2% gain.
Equities Trading UP &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<ul>
<li>Reliance Global Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RELI#NASDAQ">RELI</a>) shares shot up 301% to $0.89 after the company issued an update on the pending acquisition of Spetner Associates.</li>
<li>Shares of Comtech Telecommunications Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMTL#NASDAQ">CMTL</a>) got a boost, surging 73% to $3.7544 after the company announced a new $222 million credit facility.</li>
<li>NLS Pharmaceutics AG (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NLSP#NASDAQ">NLSP</a>) shares were also up, gaining 168% to $0.3951 after jumping 30% on Monday.</li>
</ul>
Equities Trading DOWN
<ul>
<li>Solidion Technology Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STI#NASDAQ">STI</a>) shares dropped 70% to $0.5794.</li>
<li>Shares of DermTech, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DMTK#NASDAQ">DMTK</a>) were down 59% to $0.1371 after the company filed for Chapter 11 protection and implemented a 20% workforce reduction to preserve cash.</li>
<li>Quantum Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QMCO#NASDAQ">QMCO</a>) was down, falling 38% to $0.48 following weaker-than-expected FY 2024 results.</li>
</ul>
Also Check This Out: <a href="https://www.benzinga.com/news/earnings/24/06/39378113/how-to-earn-500-a-month-from-jabil-stock-ahead-of-q3-earnings-report">How To Earn $500 A Month From Jabil Stock Ahead Of Q3 Earnings Report</a>
Commodities In commodity news, oil traded up 0.7% to $80.90 while gold traded up 0.4% at $2,338.40.
Silver traded up 0.3% to $29.485 on Tuesday, while copper fell 0.4% to $4.4320.
Euro zone
European shares were higher today. The eurozone's STOXX 600 gained 0.6%, Germany's DAX rose 0.2% and France's CAC 40 gained 0.6%. Spain's IBEX 35 Index rose 0.9%, while London's FTSE 100 climbed 0.6%.
Annual inflation rate in the Eurozone accelerated to 2.6% in May from 2.4% in the previous month, while ZEW Indicator of Economic Sentiment rose by 4.3 points to a reading of 51.3 in June.
The ZEW Indicator of Economic Sentiment for Germany rose to 47.5 in June, notching the highest reading since February 2022.
Asia Pacific Markets
Asian markets closed mostly higher on Tuesday, with Japan's Nikkei gaining 1%, Hong Kong's Hang Seng Index declining 0.11%, China's Shanghai Composite Index gaining 0.48% and India's S&amp;P BSE Sensex gaining 0.4%.
Singapore&#8217;s non-oil domestic exports slipped 0.1% year-over-year for May versus a sharp 9.6% decline in the prior month.
Economics
<ul>
<li>U.S. retail sales rose 0.1% month-over-month in May compared to a revised 0.2% declined in April and missing market expectations of 0.2% gain.</li>
<li>U.S. industrial production increased 0.9% month-over-month in May, topping market estimates of a 0.3% gain.</li>
</ul>
Now Read This: $<a href="https://www.benzinga.com/trading-ideas/long-ideas/24/06/39379356/176m-bet-on-occidental-petroleum-check-out-these-3-stocks-insiders-are-buying">176M Bet On Occidental Petroleum? Check Out These 3 Stocks Insiders Are Buying</a>

ALLG

US Stocks Mixed; Retail Sales Increase 0.1% In May

Comtech Telecommunications Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMTL#NASDAQ">CMTL</a>) shares are trading higher after the company reported third-quarter <a target="_blank" href="https://www.benzinga.com/pressreleases/24/06/b39376771/comtech-announces-third-quarter-fiscal-2024-results-and-entered-into-new-222-0-million-credit-faci" rel="noreferrer noopener">FY24 earnings and announced a fresh credit facility</a>.
The company reported a third-quarter sales decline of 6.1% year-on-year to $128.08 million, missing the analyst consensus estimate of $136.42 million.
Segment Revenue: Total United States revenue was $105.7 million and that of International was $22.4 million.
The gross profit for the quarter decreased 9.7% to $38.9 million and the profit margin contracted 130 basis points to 30.4%.
The operating loss for the quarter narrowed to $3.47 million compared to a loss of $5.27 million. Adjusted EPS of $0.20 <a href="https://www.benzinga.com/earnings" target="_blank" rel="noreferrer noopener">beat the analyst consensus estimate of $0.08</a>.
Comtech held $27.2 million in cash and equivalents as of April 30,2024. Operating cash flow for nine months totaled $(44.99) million.
Comtech also announced that on June 17, 2024, the company entered into a $222.0 million credit facility with a new syndicate of lenders which is expected to be funded on or around June 18, 2024.&nbsp;
The new credit facility matures on July 31, 2028, consists of a committed $162.0 million term loan facility and $60.0 million revolver loan facility.
Price Action: CMTL shares are trading higher by 71.9% at $3.73 at last check Tuesday.
Image: Shutterstock/ create jobs 51

Equities

Financing

General

Why Is Telecommunications Firm Comtech Stock Surging On Tuesday?

Comtech shares are trading higher after the company announced a new $222 million credit facility.

Comtech Telecom (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMTL#NASDAQ">CMTL</a>) reported quarterly earnings of $0.20 per share which beat the analyst consensus estimate of $0.08 by 150 percent. This is a 81.82 percent increase over earnings of $0.11 per share from the same period last year. The company reported quarterly sales of $128.08 million which missed the analyst consensus estimate of $136.42 million by 6.12 percent. This is a 6.04 percent decrease over sales of $136.32 million the same period last year.

Comtech Telecom Q3 Adj $0.20 Beats $0.08 Estimate, Sales $128.08M Miss $136.42M Estimate

<h3>Gainers</h3>
<ul>
<li>Actelis Networks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASNS#NASDAQ">ASNS</a>) stock rose 139.1% to $2.75 during Tuesday's pre-market session. The market value of their outstanding shares is at $9.2 million. </li>
<li>MicroAlgo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MLGO#NASDAQ">MLGO</a>) shares increased by 30.98% to $4.65. The company's market cap stands at $35.4 million. </li>
<li>Schmid Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SHMD#NASDAQ">SHMD</a>) stock moved upwards by 25.67% to $5.09. The company's market cap stands at $218.7 million. </li>
<li>Ostin Technology Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OST#NASDAQ">OST</a>) stock increased by 18.25% to $0.49. The company's market cap stands at $7.1 million. </li>
<li>Comtech Telecom (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMTL#NASDAQ">CMTL</a>) shares rose 17.97% to $2.56. The market value of their outstanding shares is at $72.8 million. As per the news, the Q3 earnings report came out today. </li>
<li>Next Technology Holding (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NXTT#NASDAQ">NXTT</a>) stock rose 12.27% to $5.03. The market value of their outstanding shares is at $35.0 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Quantum (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QMCO#NASDAQ">QMCO</a>) stock declined by 37.4% to $0.49 during Tuesday's pre-market session. The market value of their outstanding shares is at $46.7 million. As per the news, the Q4 earnings report came out yesterday. </li>
<li>Soluna Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLNH#NASDAQ">SLNH</a>) stock decreased by 8.3% to $4.09. The company's market cap stands at $16.0 million. </li>
<li>Sequans Communications (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SQNS#NYSE">SQNS</a>) shares fell 6.74% to $0.48. The company's market cap stands at $30.0 million. </li>
<li>T Stamp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IDAI#NASDAQ">IDAI</a>) stock decreased by 5.34% to $0.48. The company's market cap stands at $5.1 million. </li>
<li>Mitek Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MITK#NASDAQ">MITK</a>) shares declined by 5.03% to $10.39. The company's market cap stands at $486.1 million. </li>
<li>Veritone (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VERI#NASDAQ">VERI</a>) shares fell 4.92% to $2.42. The market value of their outstanding shares is at $91.3 million. 
See Also: <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

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Legal

Press Releases

ROSEN, A TOP RANKED LAW FIRM, Encourages Comtech Telecommunications Corp. Investors to Inquire About Securities Class Action Investigation – CMTL

Comtech Completes First Province-wide Migration to NG9-1-1 Infrastructure in Canada

Comtech Telecommunications (CMTL) Delays Filings Again, Deepening Financial Uncertainty – Hagens Berman

Investigation Into Comtech Telecommunications (CMTL) Announced by Hagens Berman

Comtech Relocates Corporate Headquarters to Chandler, AZ

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