I'm LongbridgeAI, I can summarize articles.In Friday's pre-market session, several IT stocks saw significant movement. Gainers included Nano Labs (+20.8%), Elastic (+19.05%), and ARB IOT Group (+11.68%), driven largely by earnings releases. Conversely, major losers were Vistance Networks (-41.6%), Key Tronic (-20.78%), and CID Holdco (-10.42%), with declines also linked to recent earnings reports.
Gainers
- Nano Labs (NASDAQ:NA) shares moved upwards by 20.8% to $2.56 during Friday's pre-market session. The company's market cap stands at $49.2 million. As per the press release, H1 earnings came out today.
- Elastic (NYSE:ESTC) stock moved upwards by 19.05% to $99.7. The market value of their outstanding shares is at $8.7 billion. As per the press release, Q1 earnings came out yesterday.
- ARB IOT Group (NASDAQ:ARBB) stock moved upwards by 11.68% to $4.78. The company's market cap stands at $7.5 million.
- United Microelectronics (NYSE:UMC) shares moved upwards by 10.01% to $20.98. The company's market cap stands at $47.8 billion.
- Phaos Technology Holdings (AMEX:POAS) stock moved upwards by 7.89% to $0.18. The market value of their outstanding shares is at $2.7 million.
- Cyabra (NASDAQ:CYAB) stock rose 7.38% to $0.33. The market value of their outstanding shares is at $5.4 million.
Losers
- Vistance Networks (NASDAQ:VISN) stock declined by 41.6% to $6.79 during Friday's pre-market session. The company's market cap stands at $2.6 billion.
- Key Tronic (NASDAQ:KTCC) stock decreased by 20.78% to $3.05. The company's market cap stands at $41.8 million. As per the news, the Q4 earnings report came out yesterday.
- CID Holdco (NASDAQ:DAIC) shares decreased by 10.42% to $5.16. The company's market cap stands at $6.9 million.
- Youxin Technology (NASDAQ:YAAS) shares decreased by 10.0% to $2.25. The market value of their outstanding shares is at $11.3 million. As per the press release, H1 earnings came out yesterday.
- UTime (NASDAQ:FXHO) stock declined by 9.72% to $9.11. The company's market cap stands at $265.1 million.
- ChowChow Cloud Intl (AMEX:CHOW) shares fell 9.33% to $0.58. The company's market cap stands at $22.7 million. See Also: www.benzinga.com/money/tech-stocks/
This article was generated by Benzinga's automated content engine and reviewed by an editor.