I'm LongbridgeAI, I can summarize articles.On Thursday, several IT stocks saw significant intraday movements. NVE surged 52.4% to $132.07 following Q1 earnings, while Domo and Wearable Devices also gained over 20%. Conversely, T3 Defense dropped 17.2%, and STMicroelectronics fell 17.05% after its Q2 earnings report. Other decliners included Taoping, QumulusAI, PowerCompute, and Crexendo.
Gainers
- NVE (NASDAQ:NVEC) stock rose 52.4% to $132.07 during Thursday's regular session. The market value of their outstanding shares is at $419.2 million. As per the press release, Q1 earnings came out yesterday.
- Domo (NASDAQ:DOMO) shares moved upwards by 28.88% to $4.06. The company's market cap stands at $142.2 million.
- Wearable Devices (NASDAQ:WLDS) stock increased by 23.64% to $1.83. The company's market cap stands at $3.2 million.
- Richardson Electronics (NASDAQ:RELL) shares moved upwards by 22.7% to $22.1. The market value of their outstanding shares is at $262.1 million. As per the news, the Q4 earnings report came out yesterday.
- The Growhub (NASDAQ:TGHL) stock increased by 15.77% to $0.68. The company's market cap stands at $14.8 million.
- Unusual Machines (AMEX:UMAC) stock moved upwards by 8.79% to $21.4. The market value of their outstanding shares is at $940.1 million.
Losers
- T3 Defense (NASDAQ:DFNS) shares decreased by 17.2% to $3.89 during Thursday's regular session. The company's market cap stands at $4.7 million.
- STMicroelectronics (NYSE:STM) stock decreased by 17.05% to $54.56. The company's market cap stands at $58.6 billion. As per the news, the Q2 earnings report came out today.
- Taoping (NASDAQ:TAOP) stock decreased by 15.74% to $1.03. The company's market cap stands at $11.7 million.
- QumulusAI (NASDAQ:QMLS) stock fell 14.2% to $7.86. The market value of their outstanding shares is at $301.0 million.
- PowerCompute (NASDAQ:PWCM) stock fell 13.64% to $1.9. The company's market cap stands at $2.0 million.
- Crexendo (NASDAQ:CXDO) stock fell 12.34% to $6.54. The market value of their outstanding shares is at $241.8 million. See Also: www.benzinga.com/money/tech-stocks/
This article was generated by Benzinga's automated content engine and reviewed by an editor.