12 Information Technology Stocks Moving In Wednesday's Intraday Session


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


Gainers

  • Arlo Technologies (NYSE:ARLO) shares increased by 45.8% to $5.21 during Wednesday's regular session. As of 12:30 EST, this security is trading at a volume of 9.3 million shares, making up 1526.1% of its average full-day volume over the last 100 days. The company's market cap stands at $460.4 million. The company's, Q4 earnings came out yesterday.
  • Maxeon Solar Technologies (NASDAQ:MAXN) shares rose 32.47% to $24.84. The current volume of 7.6 million shares is 1598.3% of Maxeon Solar Technologies's average full-day volume over the last 100 days (last updated at 12:30 EST). The company's market cap stands at $1.1 billion. The company's, Q4 earnings came out yesterday.
  • Borqs Technologies (NASDAQ:BRQS) shares increased by 20.98% to $0.3. Borqs Technologies's stock is trading at a volume of 12.0 million shares as of 12:30 EST. This is 627.4% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $5.5 million.
  • Vertex (NASDAQ:VERX) shares rose 19.98% to $18.01. Trading volume for Vertex's stock is 897.2K as of 12:30 EST. This is 517.8% of its average full-day volume over the last 100 days. The company's market cap stands at $2.7 billion. The company's, Q4 earnings came out today.
  • WeTrade Group (NASDAQ:WETG) shares increased by 16.0% to $0.39. As of 12:30 EST, this security is trading at a volume of 753.7K shares, making up 37.6% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $76.0 million.
  • Mercurity Fintech Holding (NASDAQ:MFH) shares moved upwards by 15.89% to $1.5. As of 12:30 EST, this security is trading at a volume of 399.1K shares, making up 581.1% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $19.2 million.

Losers

  • Synchronoss Technologies (NASDAQ:SNCR) stock decreased by 27.0% to $0.74 during Wednesday's regular session. Synchronoss Technologies's stock is trading at a volume of 656.4K shares as of 12:30 EST. This is 217.9% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $67.6 million. As per the press release, Q4 earnings came out yesterday.
  • SoundHound AI (NASDAQ:SOUN) shares fell 15.62% to $2.81. Trading volume for SoundHound AI's stock is 8.7 million as of 12:30 EST. This is 78.7% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $562.2 million. As per the news, the Q4 earnings report came out yesterday.
  • Exela Technologies (NASDAQ:XELA) stock fell 11.22% to $0.05. Trading volume for this security as of 12:30 EST is 88.1 million, which is 60.6% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $6.6 million.
  • BigBear.ai Hldgs (NYSE:BBAI) stock decreased by 10.93% to $2.69. As of 12:30 EST, BigBear.ai Hldgs's stock is trading at a volume of 4.0 million, which is 50.9% of its average full-day volume over the last 100 days. The company's market cap stands at $379.7 million.
  • TDCX (NYSE:TDCX) shares fell 10.62% to $11.7. Trading volume for TDCX's stock is 107.3K as of 12:30 EST. This is 147.6% of its average full-day volume over the last 100 days. The company's market cap stands at $1.7 billion. The company's, Q4 earnings came out yesterday.
  • IDEX Biometrics (NASDAQ:IDBA) stock declined by 10.32% to $7.48. The company's market cap stands at $116.3 million. See Also: www.benzinga.com/money/tech-stocks/

This article was generated by Benzinga's automated content engine and reviewed by an editor.


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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