I'm LongbridgeAI, I can summarize articles.In Tuesday's pre-market session, several IT stocks moved significantly following earnings reports. Gainers included Quantum (QMCO) up 15.4%, Riot Platforms (RIOT) up 14.07%, and Kopin (KOPN) up 9.2%. Conversely, losers saw Socket Mobile (SCKT) drop 39.4%, Abits Group (ABTS) fall 27.77%, and Life360 (LIF) decline 19.99%. These movements were primarily driven by the release of Q1 and Q2 earnings data for the respective companies.
Gainers
- Quantum (NASDAQ:QMCO) shares rose 15.4% to $13.6 during Tuesday's pre-market session. The market value of their outstanding shares is at $463.8 million. As per the news, the Q1 earnings report came out yesterday.
- Riot Platforms (NASDAQ:RIOT) stock increased by 14.07% to $22.13. The market value of their outstanding shares is at $7.2 billion. The company's, Q2 earnings came out yesterday.
- Kopin (NASDAQ:KOPN) stock rose 9.2% to $4.6. The market value of their outstanding shares is at $770.0 million. As per the press release, Q2 earnings came out yesterday.
- ChipMOS TECHNOLOGIES (NASDAQ:IMOS) shares moved upwards by 8.85% to $57.75. The market value of their outstanding shares is at $1.8 billion. As per the press release, Q2 earnings came out today.
- Vulcan Infrastructure (NASDAQ:VIP) shares rose 7.87% to $1.78. The market value of their outstanding shares is at $29.9 million.
- Ceragon Networks (NASDAQ:CRNT) shares moved upwards by 7.58% to $2.27. The market value of their outstanding shares is at $191.7 million. The company's, Q2 earnings came out today.
Losers
- Socket Mobile (NASDAQ:SCKT) shares fell 39.4% to $1.29 during Tuesday's pre-market session. The company's market cap stands at $17.5 million.
- Abits Group (NASDAQ:ABTS) shares declined by 27.77% to $0.91. The market value of their outstanding shares is at $3.7 million.
- Life360 (NASDAQ:LIF) stock declined by 19.99% to $51.7. The market value of their outstanding shares is at $5.2 billion. The company's, Q2 earnings came out yesterday.
- PicoCELA (NASDAQ:PCLA) stock declined by 19.1% to $7.37. The market value of their outstanding shares is at $87.5 million.
- ClearOne (NASDAQ:CLRO) stock decreased by 18.71% to $7.3. The company's market cap stands at $24.0 million.
- Veea (NASDAQ:VEEA) stock declined by 14.93% to $0.13. The market value of their outstanding shares is at $8.6 million. See Also: www.benzinga.com/money/tech-stocks/
This article was generated by Benzinga's automated content engine and reviewed by an editor.