EMCORE Stock (NASDAQ:EMKR), Trade Ideas

EMCORE

EMCORE Corp is a provider of sensors and navigation systems for the aerospace and defense market. The company operates in one reporting segment, Inertial Navigation, whose product technology categories include: (a) FOG, (b) QMEMS, (c) RLG, in each case which serve the aerospace and defense market. The company operates geographically in United States and Canada, which is the key revenue generator; Asia; Europe; and Other.

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The Dow Jones index closed lower by more than 100 points on Friday. When insiders purchase or sell shares, it indicates their confidence or concern around the company&#39;s prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision.

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U.S. stocks traded mostly higher toward the end of trading, with the Nasdaq Composite gaining over 1% on Friday.

The Dow traded down 0.09% to 38,691.21 while the NASDAQ rose 1.26% to 15,992.17. The S&amp;P 500 also rose, gaining, 0.55% to 5,025.21.

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Shares of  Take-Two Interactive Software, Inc.  (NASDAQ: TTWO) fell sharply during Friday’s session following third-quarter results.

Why Take-Two Interactive Software Shares Are Trading Lower By Around 9%? Here Are Other Stocks Moving In Friday&#39;s Mid-Day Session

EMCORE Corp

<h3>Gainers</h3>
<ul>
<li>ARB IOT Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARBB#NASDAQ">ARBB</a>) shares increased by 11.9% to $1.32 during Friday's after-market session. The company's market cap stands at $34.8 million. </li>
<li>Quantum (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QMCO#NASDAQ">QMCO</a>) shares moved upwards by 7.09% to $0.43. The market value of their outstanding shares is at $40.7 million. </li>
<li>EMCORE (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EMKR#NASDAQ">EMKR</a>) shares increased by 6.68% to $2.87. The company's market cap stands at $22.1 million. </li>
<li>Banzai International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BNZI#NASDAQ">BNZI</a>) shares moved upwards by 4.97% to $0.38. The market value of their outstanding shares is at $6.9 million. </li>
<li>WaveDancer (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WAVD#NASDAQ">WAVD</a>) stock increased by 4.63% to $2.03. The company's market cap stands at $4.0 million. </li>
<li>Axcelis Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ACLS#NASDAQ">ACLS</a>) stock increased by 4.54% to $99.1. The company's market cap stands at $3.2 billion. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Sobr Safe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOBR#NASDAQ">SOBR</a>) shares fell 11.5% to $0.23 during Friday's after-market session. The company's market cap stands at $4.6 million. </li>
<li>VIA optronics (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VIAO#NYSE">VIAO</a>) shares fell 6.31% to $0.28. The company's market cap stands at $6.3 million. </li>
<li>X3 Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XTKG#NASDAQ">XTKG</a>) stock decreased by 5.19% to $0.62. The company's market cap stands at $3.3 million. </li>
<li>Rekor Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/REKR#NASDAQ">REKR</a>) shares declined by 5.03% to $1.7. The company's market cap stands at $145.0 million. </li>
<li>GRIID Infrastructure (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GRDI#NASDAQ">GRDI</a>) stock fell 3.21% to $1.03. The market value of their outstanding shares is at $71.6 million. </li>
<li>Red Cat Hldgs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RCAT#NASDAQ">RCAT</a>) shares declined by 2.68% to $1.09. The company's market cap stands at $80.9 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 Friday's After-Market Session

<h3>Gainers</h3>
<ul>
<li>AMTD Digital (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HKD#NYSE">HKD</a>) shares moved upwards by 26.5% to $4.01 during Thursday's after-market session. The company's market cap stands at $766.6 million. </li>
<li>Banzai International (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BNZI#NASDAQ">BNZI</a>) shares rose 9.4% to $0.52. The company's market cap stands at $9.3 million. </li>
<li>Prairie Operating (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PROP#NASDAQ">PROP</a>) shares increased by 4.98% to $15.15. The market value of their outstanding shares is at $151.9 million. </li>
<li>EMCORE (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EMKR#NASDAQ">EMKR</a>) shares moved upwards by 3.87% to $2.95. The company's market cap stands at $22.8 million. </li>
<li>Sonim Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SONM#NASDAQ">SONM</a>) stock increased by 3.75% to $0.55. The company's market cap stands at $23.7 million. </li>
<li>Oblong (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OBLG#NASDAQ">OBLG</a>) shares increased by 3.7% to $0.14. The market value of their outstanding shares is at $2.7 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Applied Digital (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APLD#NASDAQ">APLD</a>) stock decreased by 10.1% to $2.76 during Thursday's after-market session. The market value of their outstanding shares is at $337.8 million. The company's, Q3 earnings came out today. </li>
<li>OMNIQ (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OMQS#NASDAQ">OMQS</a>) stock fell 8.34% to $0.55. The market value of their outstanding shares is at $5.8 million. </li>
<li>Gryphon Digital Mining (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GRYP#NASDAQ">GRYP</a>) shares declined by 7.88% to $1.52. The company's market cap stands at $58.9 million. </li>
<li>Taoping (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TAOP#NASDAQ">TAOP</a>) stock fell 4.63% to $1.03. The company's market cap stands at $2.0 million. </li>
<li>UTime (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WTO#NASDAQ">WTO</a>) stock decreased by 4.29% to $0.27. The company's market cap stands at $3.6 million. </li>
<li>Argo Blockchain plc - 8.75% Senior Notes due 2026 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARBKL#NASDAQ">ARBKL</a>) shares declined by 3.58% to $8.9. 
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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Argo Blockchain plc - 8.75% Senior Notes due 2026

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

<h3>Gainers</h3>
<ul>
<li>X3 Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XTKG#NASDAQ">XTKG</a>) stock rose 5.0% to $0.72 during Monday's after-market session. The market value of their outstanding shares is at $3.8 million. </li>
<li>EMCORE (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EMKR#NASDAQ">EMKR</a>) shares increased by 4.95% to $3.39. The market value of their outstanding shares is at $26.2 million. </li>
<li>BTCS (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BTCS#NASDAQ">BTCS</a>) stock increased by 4.54% to $1.69. The market value of their outstanding shares is at $26.5 million. </li>
<li>Quantum Computing (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QUBT#NASDAQ">QUBT</a>) shares rose 4.03% to $0.94. The market value of their outstanding shares is at $85.6 million. </li>
<li>Presto Automation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRST#NASDAQ">PRST</a>) shares increased by 3.68% to $0.18. The market value of their outstanding shares is at $17.1 million. </li>
<li>Auddia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AUUD#NASDAQ">AUUD</a>) shares increased by 3.38% to $3.66. The market value of their outstanding shares is at $7.8 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>UTime (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WTO#NASDAQ">WTO</a>) stock declined by 16.7% to $0.25 during Monday's after-market session. The market value of their outstanding shares is at $3.3 million. </li>
<li>T Stamp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IDAI#NASDAQ">IDAI</a>) stock fell 11.03% to $0.87. The company's market cap stands at $7.9 million. </li>
<li>Maxeon Solar Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAXN#NASDAQ">MAXN</a>) stock declined by 9.53% to $2.47. The market value of their outstanding shares is at $130.3 million. </li>
<li>DatChat (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DATS#NASDAQ">DATS</a>) shares declined by 6.77% to $1.24. The market value of their outstanding shares is at $3.0 million. </li>
<li>Allegro Microsystems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALGM#NASDAQ">ALGM</a>) shares declined by 4.77% to $25.38. The company's market cap stands at $4.9 billion. </li>
<li>One Stop Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OSS#NASDAQ">OSS</a>) stock decreased by 4.4% to $3.26. The company's market cap stands at $67.4 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.

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

Trading Halt: Halt status updated at 8:55:00 AM ET: Quotation Resumption: News and Resumption Times

Trading Halt: Halted at 7:50:00 p.m. ET - Trading Halt: Halt News Pending

Stock Split

On March 15, Emcore Approved A 1-For-10 Reverse Stock Split; Will Become Effective On April 1, 2024

<h3>Gainers</h3>
<ul>
<li>Oblong (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OBLG#NASDAQ">OBLG</a>) stock rose 46.0% to $0.19 during Tuesday's after-market session. The market value of their outstanding shares is at $3.2 million. </li>
<li>AEye (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LIDR#NASDAQ">LIDR</a>) stock increased by 6.66% to $1.12. The company's market cap stands at $7.0 million. </li>
<li>XIAO-I (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIXI#NASDAQ">AIXI</a>) stock rose 6.57% to $1.96. The company's market cap stands at $141.2 million. </li>
<li>Sobr Safe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOBR#NASDAQ">SOBR</a>) stock rose 4.97% to $0.42. The market value of their outstanding shares is at $7.7 million. </li>
<li>SoundThinking (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSTI#NASDAQ">SSTI</a>) shares increased by 4.96% to $16.27. The company's market cap stands at $206.9 million. </li>
<li>EMCORE (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EMKR#NASDAQ">EMKR</a>) shares rose 4.81% to $0.41. The company's market cap stands at $32.0 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Saverone 2014 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SVRE#NASDAQ">SVRE</a>) shares decreased by 6.5% to $1.29 during Tuesday's after-market session. The market value of their outstanding shares is at $13.6 million. </li>
<li>8x8 (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EGHT#NASDAQ">EGHT</a>) stock decreased by 5.62% to $2.52. The company's market cap stands at $311.0 million. </li>
<li>Wetouch Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WETH#NASDAQ">WETH</a>) shares decreased by 5.55% to $4.09. The company's market cap stands at $48.6 million. </li>
<li>Movella Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MVLA#NASDAQ">MVLA</a>) shares decreased by 5.4% to $0.28. The company's market cap stands at $14.1 million. </li>
<li>Verb Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VERB#NASDAQ">VERB</a>) stock declined by 5.19% to $0.37. The market value of their outstanding shares is at $7.7 million. </li>
<li>Intrusion (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTZ#NASDAQ">INTZ</a>) stock decreased by 5.15% to $0.19. The market value of their outstanding shares is at $6.8 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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12 Information Technology Stocks Moving In Tuesday's After-Market Session

<h3>Gainers</h3>
<ul>
<li>Sobr Safe (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOBR#NASDAQ">SOBR</a>) shares rose 10.3% to $0.5 during Friday's after-market session. The market value of their outstanding shares is at $9.2 million. </li>
<li>Nano Labs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NA#NASDAQ">NA</a>) stock increased by 5.91% to $1.97. The company's market cap stands at $128.6 million. The company's, Q4 earnings came out 3 days ago. </li>
<li>XIAO-I (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AIXI#NASDAQ">AIXI</a>) stock increased by 5.49% to $2.11. The company's market cap stands at $152.0 million. </li>
<li>Rubicon Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RBT#NYSE">RBT</a>) shares rose 5.23% to $0.6. The market value of their outstanding shares is at $25.3 million. </li>
<li>EMCORE (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EMKR#NASDAQ">EMKR</a>) stock moved upwards by 5.0% to $0.4. The company's market cap stands at $30.8 million. </li>
<li>AEye (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LIDR#NASDAQ">LIDR</a>) shares moved upwards by 4.95% to $1.21. The company's market cap stands at $7.5 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>MMTEC (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MTC#NASDAQ">MTC</a>) stock decreased by 12.3% to $1.93 during Friday's after-market session. The company's market cap stands at $384.3 million. </li>
<li>Verb Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VERB#NASDAQ">VERB</a>) shares declined by 10.68% to $0.4. The company's market cap stands at $8.3 million. </li>
<li>SMX (Security Matters) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMX#NASDAQ">SMX</a>) stock decreased by 7.25% to $0.15. The market value of their outstanding shares is at $2.8 million. </li>
<li>SEMrush Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SEMR#NYSE">SEMR</a>) stock decreased by 6.98% to $10.4. The market value of their outstanding shares is at $1.5 billion. </li>
<li>Wetouch Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WETH#NASDAQ">WETH</a>) stock fell 6.47% to $4.2. The company's market cap stands at $49.9 million. </li>
<li>Argo Blockchain (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARBK#NASDAQ">ARBK</a>) shares fell 5.46% to $1.56. The company's market cap stands at $90.0 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.

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<h3>Gainers</h3>
<ul>
<li>Peraso (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRSO#NASDAQ">PRSO</a>) shares rose 6.1% to $1.9 during Friday's after-market session. The market value of their outstanding shares is at $2.7 million. </li>
<li>Taoping (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TAOP#NASDAQ">TAOP</a>) stock moved upwards by 4.87% to $1.29. The company's market cap stands at $2.5 million. </li>
<li>EMCORE (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EMKR#NASDAQ">EMKR</a>) stock moved upwards by 4.86% to $0.42. The market value of their outstanding shares is at $32.6 million. </li>
<li>Soluna Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SLNH#NASDAQ">SLNH</a>) stock rose 4.76% to $4.4. The company's market cap stands at $11.7 million. </li>
<li>Oblong (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OBLG#NASDAQ">OBLG</a>) stock moved upwards by 4.71% to $0.17. The company's market cap stands at $2.8 million. </li>
<li>Meta Materials (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MMAT#NASDAQ">MMAT</a>) shares rose 4.15% to $2.56. The company's market cap stands at $16.4 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Intrusion (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTZ#NASDAQ">INTZ</a>) shares decreased by 5.0% to $0.19 during Friday's after-market session. The company's market cap stands at $6.9 million. </li>
<li>Arqit Quantum (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARQQ#NASDAQ">ARQQ</a>) shares declined by 4.68% to $0.81. The market value of their outstanding shares is at $132.9 million. </li>
<li>SemiLEDs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LEDS#NASDAQ">LEDS</a>) shares fell 4.52% to $1.48. The market value of their outstanding shares is at $9.5 million. </li>
<li>Quantum (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QMCO#NASDAQ">QMCO</a>) stock fell 4.04% to $0.51. The company's market cap stands at $48.5 million. </li>
<li>Spectaire Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPEC#NASDAQ">SPEC</a>) shares declined by 3.82% to $1.26. The market value of their outstanding shares is at $19.3 million. </li>
<li>Inpixon (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INPX#NASDAQ">INPX</a>) shares fell 3.41% to $0.05. The market value of their outstanding shares is at $9.9 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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The Dow Jones index closed lower by more than 100 points on Friday. When insiders purchase or sell shares, it indicates their confidence or concern around the company&#39;s prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision.
Below is a look at a few recent notable insider transactions for penny stocks. For more, check out <a href="https://www.benzinga.com/sec/insider-trades/"> Benzinga&#39;s insider transactions </a> platform.
<h3>EMCORE </h3>
<ul>
<li>The Trade: EMCORE Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/emkr#NASDAQ">EMKR</a>) 10% owner Constantinos Christofilis <a href="https://www.benzinga.com/quote/EMKR/analyst-ratings"> acquired a total of 4,851,568 shares </a> an average price of $0.36. To acquire these shares, it cost around $1.7 million.</li>
<li>What&rsquo;s Happening: EMCORE reported worse-than-expected first-quarter financial results.</li>
<li>What EMCORE Does: EMCORE Corp is a provider of sensors and navigation systems for the aerospace and defense market.</li>
</ul>
<h3>Beasley Broadcast</h3>
<ul>
<li>The Trade: Beasley Broadcast Group, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bbgi#NASDAQ">BBGI</a>) President Bruce G Beasley <a href="https://www.benzinga.com/sec/insider-trades/"> acquired a total of 5,000 shares at </a> at an average price of $0.86. To acquire these shares, it cost around $4,300.</li>
<li>What&rsquo;s Happening: Beasley Broadcast posted downbeat fourth-quarter sales.</li>
<li>What Beasley Broadcast Does: Beasley Broadcast Group Inc is a multi-platform media company, whose primary business is operating radio stations throughout the United States.</li>
</ul>
Check This Out: <a href="https://www.benzinga.com/news/24/02/37178295/top-5-industrials-stocks-that-may-collapse-this-quarter"> Top 5 Industrials Stocks That May Collapse This Quarter </a>
<h3>Arena Group </h3>
<ul>
<li>The Trade: The Arena Group Holdings, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/aren#NYSE">AREN</a>) 10% owner Manoj Bhargava <a href="https://www.benzinga.com/sec/insider-trades/"> acquired a total of 5,555,555 shares </a> at an average price of $2.16. The insider spent around $12 million to buy those shares.</li>
<li>What&rsquo;s Happening: Arena Group board recently terminated employment of CEO Ross Levinsohn.</li>
<li>What Arena Group Does: The Arena Group Holdings Inc is a tech-powered media company that fuses superior technology, iconic brands, and marketing savvy to deliver vibrant content and experiences that reach more than 120 million users each month.</li>
</ul>

Don&rsquo;t forget to check out our <a href="https://www.benzinga.com/premarket/"> premarket coverage here </a>

<h3>Gainers</h3>
<ul>
<li>Amtech Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASYS#NASDAQ">ASYS</a>) stock moved upwards by 6.4% to $3.66 during Friday's after-market session. The company's market cap stands at $51.9 million. As per the press release, Q1 earnings came out today. </li>
<li>Verb Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VERB#NASDAQ">VERB</a>) shares increased by 5.1% to $0.15. The company's market cap stands at $3.1 million. </li>
<li>EMCORE (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EMKR#NASDAQ">EMKR</a>) stock rose 4.71% to $0.4. The company's market cap stands at $30.9 million. As per the news, the Q1 earnings report came out yesterday. </li>
<li>Nutanix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTNX#NASDAQ">NTNX</a>) stock moved upwards by 2.8% to $59.78. The company's market cap stands at $14.5 billion. </li>
<li>Akoustis Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AKTS#NASDAQ">AKTS</a>) stock rose 2.34% to $0.7. The market value of their outstanding shares is at $68.9 million. </li>
<li>X3 Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XTKG#NASDAQ">XTKG</a>) stock moved upwards by 2.0% to $0.89. The market value of their outstanding shares is at $4.7 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Applied Digital (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/APLD#NASDAQ">APLD</a>) shares fell 10.2% to $4.74 during Friday's after-market session. The company's market cap stands at $578.4 million. </li>
<li>Taoping (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TAOP#NASDAQ">TAOP</a>) stock fell 7.21% to $1.16. The market value of their outstanding shares is at $2.2 million. </li>
<li>Casa Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CASA#NASDAQ">CASA</a>) shares declined by 6.61% to $0.28. The market value of their outstanding shares is at $27.7 million. </li>
<li>Argo Blockchain (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARBK#NASDAQ">ARBK</a>) stock fell 4.82% to $2.37. The company's market cap stands at $136.7 million. </li>
<li>Auddia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AUUD#NASDAQ">AUUD</a>) shares decreased by 4.63% to $0.21. The company's market cap stands at $4.1 million. </li>
<li>BTCS (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BTCS#NASDAQ">BTCS</a>) shares fell 4.58% to $1.67. The company's market cap stands at $24.0 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.

AKTS

ASYS

CASA

NTNX

U.S. stocks traded mostly higher toward the end of trading, with the Nasdaq Composite gaining over 1% on Friday.
The Dow traded down 0.09% to 38,691.21&nbsp;while the NASDAQ rose 1.26% to 15,992.17. The S&amp;P 500 also rose, gaining, 0.55% to 5,025.21.
Check This Out: <a href="https://www.benzinga.com/news/earnings/24/02/37027049/how-to-earn-500-a-month-from-principal-financial-group-stock-ahead-of-q4-print"> How To Earn $500 A Month From Principal Financial Group Stock Ahead Of Q4 Print </a>
&nbsp;
<h3>Leading and Lagging Sectors</h3>
&nbsp;
Information technology shares rose by 1.4% on Friday.
In trading on Friday, energy shares fell by 1.2%.
&nbsp;
<h3>Top Headline</h3>
&nbsp;
Newell Brands Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nwl#NASDAQ">NWL</a>) reported upbeat sales for its fourth quarter, but issued a weak forecast.
The company reported fourth-quarter revenues of $2.076 billion, beating the analyst consensus of $1.980 billion. Revenues fell 9.1% year over year. Normalized EPS of 22 cents topped the consensus of 17 cents.
The company sees FY24 sales decline of 8% to 5%. Newell Brands sees adjusted EPS of 52 cents to 62 cents versus estimates of 77 cents.
&nbsp;
<h3>Equities Trading UP</h3>
&nbsp;
Intelligent Bio Solutions Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/inbs#NASDAQ">INBS</a>) shares shot up 254% to $10.19 following second-quarter results.
Shares of Masonite International Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/door#NYSE">DOOR</a>) got a boost, surging 35% to $130.24 after Owens Corning announced it will acquire the company for $3.9 billion.
Cloudflare, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/net#NYSE">NET</a>) shares were also up, gaining 21% to $108.95 after the company reported better-than-expected fourth-quarter financial results and issued first-quarter guidance.
&nbsp;
<h3>Equities Trading DOWN</h3>
&nbsp;
The Children&#39;s Place, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/plce#NASDAQ">PLCE</a>) shares dropped 40% to $11.84 after the company said it expects fourth-quarter net sales to be roughly $454 million to $456 million, versus its prior guidance of $460 million to $465 million, and below the estimate of $462.88 million.
Shares of Synlogic, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sybx#NASDAQ">SYBX</a>) were down 49% to $1.75 after the company announced it will discontinue Synpheny-3, cease operations and reduce its workforce by more than 90%.
EMCORE Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/emkr#NASDAQ">EMKR</a>) was down, falling 37% to $0.3943 after posting weak quarterly results.
Also Check This Out:<a href="https://www.benzinga.com/trading-ideas/long-ideas/24/02/37032577/top-5-health-care-stocks-that-are-preparing-to-pump-in-february"> Top 5 Health Care Stocks That Are Preparing To Pump In February </a>
&nbsp;
<h3>Commodities</h3>
&nbsp;
In commodity news, oil traded up 0.8% to $76.83 while gold traded down 0.4% at $2,039.40.
Silver traded down 0.2% to $22.585 on Friday while copper fell 0.5% to $3.6830.
&nbsp;
<h3>Euro zone</h3>
&nbsp;
European shares closed mostly lower today. The eurozone&rsquo;s STOXX 600 fell 0.3092%, London&rsquo;s FTSE 100 fell 0.30% while Spain&rsquo;s IBEX 35 Index fell 0.09% The German DAX fell 0.22% French CAC 40 fell 0.24% while Italy&rsquo;s FTSE MIB Index gained 0.30%.
Industrial production in Italy increased by 1.1% month-over-month in December, while German consumer price inflation came in at 2.9% year-over-year in January.
&nbsp;
<h3>Asia Pacific Markets</h3>
&nbsp;
Asian markets closed mixed on Friday, with Japan&rsquo;s Nikkei 225 gaining 0.09%, Hong Kong&rsquo;s Hang Seng Index falling 0.83% and India&rsquo;s S&amp;P BSE Sensex gaining 0.20%.
&nbsp;
<h3>Economics</h3>
&nbsp;
The CPI in the U.S. rose 0.2% month-over-month in December, compared to a 0.3% rise initially reported, according to revised figures from the BLS.
The total number of active U.S. oil rigs came in unchanged at 499 rigs this week, Baker Hughes Inc reported.
Now Read This: <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/02/37027275/jim-cramer-looks-at-blackstone-praises-mercadolibre-theyre-incredibly-smart"> Jim Cramer Looks At Blackstone, Praises MercadoLibre: &#39;They&#39;re Incredibly Smart&#39; </a>
&nbsp;

Shares of Take-Two Interactive Software, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ttwo#NASDAQ">TTWO</a>) fell sharply during Friday&rsquo;s session following third-quarter results.
Take-Two reported third-quarter total net bookings of $1.34 billion, down 3% year-over-year. The company also revised its 2024 net bookings forecast to $5.25 billion and $5.3 billion, down from $5.45 billion and $5.55 billion earlier.
Take-Two Interactive Software shares dipped 8.8% to $154.69 on Friday.
Here are some other stocks moving in today&#39;s mid-day session.
<h3>Gainers</h3>
<ul>
<li>Sunworks, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sunw#NASDAQ">SUNW</a>) shares jumped 267% to $0.1990. Sunworks and three subsidiaries recently made the decision to cease operations and filed for Chapter 7 bankruptcy in the United States Bankruptcy Court for the District of Delaware.</li>
<li>TOP Financial Group Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/top#NASDAQ">TOP</a>) gained 87.55% to $6.13.</li>
<li>NanoString Technologies, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nstg#NASDAQ">NSTG</a>) shares climbed 66% to $0.1932 after the company disclosed completion of financing to support restructuring process.</li>
<li>Intelligent Bio Solutions Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/inbs#NASDAQ">INBS</a>) jumped 47.3% to $4.24 following second-quarter results.</li>
<li>TC Biopharm (Holdings) Plc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tcbp#NASDAQ">TCBP</a>) shares climbed 46% to $1.6099 after jumping over 16% on Thursday.</li>
<li>Intelligent Living Application Group Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ilag#NASDAQ">ILAG</a>) gained 45.5% to $0.6851 after surging around 24% on Thursday.</li>
<li>Green Giant Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/gge#NASDAQ">GGE</a>) shares rose 44.4% to $0.0535 after gaining 25% on Thursday.</li>
<li>Better Choice Company Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/bttr#NYSE">BTTR</a>) gained 35% to $0.2379. Better Choice acquired Aimia Pet Healthco.</li>
<li>Masonite International Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/door#NYSE">DOOR</a>) surged 34.5% to $129.99 after Owens Corning announced it will acquire the company for $3.9 billion.</li>
<li>Cloudflare, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/net#NYSE">NET</a>) rose 23.5% to $111.49 after the company reported better-than-expected fourth-quarter financial results and issued first-quarter guidance.</li>
<li>CleanSpark, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/clsk#NASDAQ">CLSK</a>) shares gained 22% to $12.81 after the company reported a year-over-year increase in first-quarter GAAP EPS and better-than-expected sales results.</li>
<li>Centessa Pharmaceuticals plc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cnta#NASDAQ">CNTA</a>) climbed 20.5% to $8.99. Centessa Pharmaceuticals will present additional 52-weeks continuous treatment data from third year ongoing Phase 2a study of SerpinPC for treatment of hemophilia at 17th Annual Congress of European Association for Haemophilia and Allied Disorders.</li>
<li>IGM Biosciences, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/igms#NASDAQ">IGMS</a>) gained 19.2% to $15.44.</li>
<li>Streamline Health Solutions, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/strm#NASDAQ">STRM</a>) rose 18.8% to $0.4814.</li>
<li>Natural Grocers by Vitamin Cottage, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ngvc#NYSE">NGVC</a>) gained 18.2% to $17.51 following quarterly results.</li>
<li>Soho House &amp; Co Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/shco#NYSE">SHCO</a>) rose 15.7% to $5.79. Soho House announced its board evaluated certain strategic transactions in the fall of 2023.</li>
<li>Iris Energy Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/iren#NASDAQ">IREN</a>) gained 13.1% to $5.77.</li>
<li>Matrix Service Company (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mtrx#NASDAQ">MTRX</a>) rose 13.1% to $12.82.</li>
<li>Terns Pharmaceuticals, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tern#NASDAQ">TERN</a>) gained 12.6% to $7.07.</li>
<li>Central Garden &amp; Pet Company (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/cent#NASDAQ">CENT</a>) rose 10.4% to $43.03. Central Garden &amp; Pet reported better-than-expected first-quarter financial results.</li>
<li>Impinj, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/pi#NASDAQ">PI</a>) gained 10.2% to $117.18 after the company reported better-than-expected fourth-quarter financial results and issued first-quarter guidance above estimates.</li>
<li>Ocular Therapeutix, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ocul#NASDAQ">OCUL</a>) rose 8.2% to $5.44. B of A Securities analyst Tazeen Ahmad initiated coverage on Ocular Therapeutix with a Buy rating and announced a price target of $15.</li>
<li>Mueller Water Products, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mwa#NYSE">MWA</a>) gained 8% to $14.99 following upbeat results.</li>
</ul>
<h3>Losers</h3>
<ul>
<li>Synlogic, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sybx#NASDAQ">SYBX</a>) fell 53.3% to $1.61 after the company announced it will discontinue Synpheny-3, cease operations and reduce its workforce by more than 90%.</li>
<li>The Children&#39;s Place, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/plce#NASDAQ">PLCE</a>) shares fell 52.7% to $9.34 after the company said it expects fourth-quarter net sales to be roughly $454 million to $456 million, versus its prior guidance of $460 million to $465 million, and below the estimate of $462.88 million.</li>
<li>BioXcel Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/btai#NASDAQ">BTAI</a>) fell 33.7% to $2.4882 after the company announced a proposed public offering.</li>
<li>Jin Medical International Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/zjyl#NASDAQ">ZJYL</a>) declined 33.5% to $8.62.</li>
<li>EMCORE Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/emkr#NASDAQ">EMKR</a>) fell 32% to $0.4275 after posting weak quarterly results.</li>
<li>MicroAlgo Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mlgo#NASDAQ">MLGO</a>) declined 31% to $0.7172.</li>
<li>Renalytix Plc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/rnlx#NASDAQ">RNLX</a>) shares fell 30% to $0.3791 after climbing over 96% on Thursday.</li>
<li>Lantronix, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ltrx#NASDAQ">LTRX</a>) fell 28.8% to $4.1350 following weak sales.</li>
<li>MicroCloud Hologram Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/holo#NASDAQ">HOLO</a>) shares declined 27.4% to $20.81 after jumping over 59% on Thursday. The company announced it planned to join the Communications Industry Association. HOLO intends to join the Communications Industry Association to foster information technology innovation.</li>
<li>eGain Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/egan#NASDAQ">EGAN</a>) fell 24.4% to $5.77 following second-quarter results.</li>
<li>AMC Networks Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/amcx#NASDAQ">AMCX</a>) declined 19.1% to $13.78 following weak earnings.</li>
<li>Virco Mfg. Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/virc#NASDAQ">VIRC</a>) dipped 18.6% to $9.48.</li>
<li>Expedia Group, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/expe#NASDAQ">EXPE</a>) declined 17.6% to $131.38 after the company reported fourth-quarter financial results and named Ariane Gorin as CEO.</li>
<li>Adlai Nortye Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/anl#NASDAQ">ANL</a>) fell 12.3% to $7.50.</li>
<li>Newell Brands Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nwl#NASDAQ">NWL</a>) declined 11.8% to $7.45 following quarterly results.</li>
<li>Pinterest, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/pins#NYSE">PINS</a>) shares declined 11.4% to $36.07. Pinterest reported upbeat earnings for its fourth quarter, while sales missed estimates. The company said it sees first-quarter revenue in the range of $690 million to $705 million versus estimates of $702.36 million.</li>
<li>BILL Holdings, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/bill#NYSE">BILL</a>) fell 11% to $67.40 following quarterly results.</li>
<li>Affirm Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/afrm#NASDAQ">AFRM</a>) shares fell 10.6% to $43.98 after the company reported second-quarter financial results.</li>
<li>IBEX Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ibex#NASDAQ">IBEX</a>) fell 10.2% to $15.61.</li>
<li>Sensient Technologies Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/sxt#NYSE">SXT</a>) fell 9.6% to $56.62 following weak earnings.</li>
<li>Owens Corning (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/oc#NYSE">OC</a>) fell 6.9% to $148.43 after the company announced an agreement to acquire Masonite for $3.9 billion.</li>
<li>Magna International Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mga#NYSE">MGA</a>) declined 6.5% to $54.89 after the company reported mixed quarterly results.</li>
<li>Illumina, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ilmn#NASDAQ">ILMN</a>) shares declined 2.7% to $139.45 following fourth-quarter results.</li>
</ul>
&nbsp;
Now Read This: <a href="https://www.benzinga.com/markets/cryptocurrency/24/02/37034937/bitcoin-surpasses-47-000-thorchain-emerges-as-top-gainer"> Bitcoin Tops $47,000; THORChain Emerges As Top Gainer </a>

Why Take-Two Interactive Software Shares Are Trading Lower By Around 9%? Here Are Other Stocks Moving In Friday's Mid-Day Session

WIIM

EMCORE shares are trading lower after the company reported worse-than-expected Q1 financial results.

<h3>Gainers</h3>
<ul>
<li>Cleanspark (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLSK#NASDAQ">CLSK</a>) shares rose 29.3% to $13.58 during Friday's regular session. The company's market cap stands at $2.6 billion. As per the news, the Q1 earnings report came out yesterday. </li>
<li>Meta Materials (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MMAT#NASDAQ">MMAT</a>) shares increased by 24.11% to $3.5. The market value of their outstanding shares is at $19.7 million. </li>
<li>Cloudflare (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NET#NYSE">NET</a>) stock rose 23.64% to $111.66. The company's market cap stands at $37.4 billion. The company's, Q4 earnings came out yesterday. </li>
<li>Aeva Technologies (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AEVA#NYSE">AEVA</a>) stock rose 20.57% to $1.06. The market value of their outstanding shares is at $277.6 million. </li>
<li>SPS Commerce (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPSC#NASDAQ">SPSC</a>) shares rose 15.63% to $212.5. The market value of their outstanding shares is at $7.7 billion. As per the news, the Q4 earnings report came out yesterday. </li>
<li>Iris Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IREN#NASDAQ">IREN</a>) shares increased by 14.8% to $5.86. The company's market cap stands at $392.8 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>EMCORE (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EMKR#NASDAQ">EMKR</a>) stock fell 34.8% to $0.41 during Friday's regular session. The company's market cap stands at $31.6 million. As per the news, the Q1 earnings report came out yesterday. </li>
<li>MicroAlgo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MLGO#NASDAQ">MLGO</a>) shares declined by 33.76% to $0.69. The company's market cap stands at $41.0 million. </li>
<li>Lantronix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LTRX#NASDAQ">LTRX</a>) shares fell 30.99% to $4.01. The company's market cap stands at $149.4 million. The company's, Q2 earnings came out yesterday. </li>
<li>MicroCloud Hologram (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOLO#NASDAQ">HOLO</a>) stock declined by 24.99% to $21.53. The market value of their outstanding shares is at $127.9 million. </li>
<li>eGain (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EGAN#NASDAQ">EGAN</a>) stock fell 23.55% to $5.83. The company's market cap stands at $183.6 million. As per the news, the Q2 earnings report came out yesterday. </li>
<li>CCSC Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCTG#NASDAQ">CCTG</a>) shares fell 17.27% to $3.93. The company's market cap stands at $44.7 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.

AEVA

CCTG

SPSC

12 Information Technology Stocks Moving In Friday's Intraday Session

U.S. stocks traded mixed midway through trading, with the Nasdaq Composite gaining over 100 points on Friday.
The Dow traded down 0.24% to 38,633.08 while the NASDAQ rose 0.81% to 15,921.72. The S&amp;P 500 also rose, gaining, 0.28% to 5,012.01.
Check This Out: <a href="https://www.benzinga.com/news/earnings/24/02/37027049/how-to-earn-500-a-month-from-principal-financial-group-stock-ahead-of-q4-print"> How To Earn $500 A Month From Principal Financial Group Stock Ahead Of Q4 Print </a>
&nbsp;
<h3>Leading and Lagging Sectors</h3>
&nbsp;
Information technology shares rose by 1.2% on Friday.
In trading on Friday, consumer staples shares fell by 0.8%.
&nbsp;
<h3>Top Headline</h3>
&nbsp;
On Thursday, Pinterest, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/pins#NYSE">PINS</a>) reported upbeat earnings for its fourth quarter, while sales missed estimates.
The company said it sees first-quarter revenue in the range of $690 million to $705 million versus estimates of $702.36 million.
&nbsp;
<h3>Equities Trading UP</h3>
&nbsp;
Intelligent Bio Solutions Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/inbs#NASDAQ">INBS</a>) shares shot up 145% to $7.05 following second-quarter results.
Shares of Masonite International Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/door#NYSE">DOOR</a>) got a boost, surging 35% to $129.98 after Owens Corning announced it will acquire the company for $3.9 billion.
Cloudflare, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/net#NYSE">NET</a>) shares were also up, gaining 22% to $110.19 after the company reported better-than-expected fourth-quarter financial results and issued first-quarter guidance.
&nbsp;
<h3>Equities Trading DOWN</h3>
&nbsp;
The Children&#39;s Place, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/plce#NASDAQ">PLCE</a>) shares dropped 53% to $9.31 after the company said it expects fourth-quarter net sales to be roughly $454 million to $456 million, versus its prior guidance of $460 million to $465 million, and below the estimate of $462.88 million.
Shares of Synlogic, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sybx#NASDAQ">SYBX</a>) were down 52% to $1.65 after the company announced it will discontinue Synpheny-3, cease operations and reduce its workforce by more than 90%.
EMCORE Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/emkr#NASDAQ">EMKR</a>) was down, falling 32% to $0.4297 after posting weak quarterly results.
Also Check This Out:<a href="https://www.benzinga.com/trading-ideas/long-ideas/24/02/37032577/top-5-health-care-stocks-that-are-preparing-to-pump-in-february"> Top 5 Health Care Stocks That Are Preparing To Pump In February </a>
&nbsp;
<h3>Commodities</h3>
&nbsp;
In commodity news, oil traded up 0.7% to $76.73 while gold traded down 0.4% at $2,038.90.
Silver traded down 0.4% to $22.555 on Friday while copper fell 0.7% to $3.6775.
&nbsp;
<h3>Euro zone</h3>
&nbsp;
European shares were mostly lower today. The eurozone&rsquo;s STOXX 600 fell 0.32%, London&rsquo;s FTSE 100 fell 0.50% while Spain&rsquo;s IBEX 35 Index fell 0.39% The German DAX fell 0.42% French CAC 40 fell 0.42% while Italy&rsquo;s FTSE MIB Index gained 0.02%.
Industrial production in Italy increased by 1.1% month-over-month in December, while German consumer price inflation came in at 2.9% year-over-year in January.
&nbsp;
<h3>Asia Pacific Markets</h3>
&nbsp;
Asian markets closed mixed on Friday, with Japan&rsquo;s Nikkei 225 gaining 0.09%, Hong Kong&rsquo;s Hang Seng Index falling 0.83% and India&rsquo;s S&amp;P BSE Sensex gaining 0.20%.
&nbsp;
<h3>Economics</h3>
&nbsp;
The CPI in the U.S. rose 0.2% month-over-month in December, compared to a 0.3% rise initially reported, according to revised figures from the BLS.
Now Read This: <a href="https://www.benzinga.com/trading-ideas/long-ideas/24/02/37027275/jim-cramer-looks-at-blackstone-praises-mercadolibre-theyre-incredibly-smart"> Jim Cramer Looks At Blackstone, Praises MercadoLibre: &#39;They&#39;re Incredibly Smart&#39; </a>
&nbsp;

Nasdaq Jumps Over 100 Points; Pinterest Sales Miss Expectations

<h3>Gainers</h3>
<ul>
<li>CalAmp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CAMP#NASDAQ">CAMP</a>) shares moved upwards by 24.3% to $3.07 during Friday's pre-market session. The market value of their outstanding shares is at $5.0 million. </li>
<li>NOVONIX (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVX#NASDAQ">NVX</a>) stock rose 23.89% to $1.97. The market value of their outstanding shares is at $239.8 million. </li>
<li>Cloudflare (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NET#NYSE">NET</a>) shares moved upwards by 23.46% to $111.5. The company's market cap stands at $37.4 billion. The company's, Q4 earnings came out yesterday. </li>
<li>Cleanspark (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLSK#NASDAQ">CLSK</a>) shares increased by 23.33% to $12.95. The company's market cap stands at $2.5 billion. As per the press release, Q1 earnings came out yesterday. </li>
<li>BTC Digital (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BTCT#NASDAQ">BTCT</a>) stock increased by 17.24% to $4.38. The market value of their outstanding shares is at $6.7 million. </li>
<li>Iris Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IREN#NASDAQ">IREN</a>) stock increased by 15.49% to $5.89. The market value of their outstanding shares is at $395.1 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>EMCORE (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EMKR#NASDAQ">EMKR</a>) stock decreased by 26.9% to $0.46 during Friday's pre-market session. The company's market cap stands at $35.5 million. The company's, Q1 earnings came out yesterday. </li>
<li>MicroCloud Hologram (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOLO#NASDAQ">HOLO</a>) stock declined by 20.67% to $22.77. The company's market cap stands at $135.2 million. </li>
<li>Addvantage Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEY#NASDAQ">AEY</a>) stock fell 15.38% to $0.6. </li>
<li>UTime (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WTO#NASDAQ">WTO</a>) shares declined by 14.86% to $0.2. The market value of their outstanding shares is at $2.7 million. </li>
<li>Pixelworks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PXLW#NASDAQ">PXLW</a>) shares declined by 11.56% to $1.99. The market value of their outstanding shares is at $113.6 million. The company's, Q4 earnings came out yesterday. </li>
<li>Lantronix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LTRX#NASDAQ">LTRX</a>) stock declined by 9.3% to $5.27. The company's market cap stands at $196.3 million. As per the press release, Q2 earnings came out yesterday. 
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.

BTCT

CAMP

Nuveen California Dividend Advantage Municipal Fund 2

PXLW

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

Shares of Cloudflare, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/net#NYSE">NET</a>) rose sharply in today&rsquo;s pre-market trading after the company reported better-than-expected fourth-quarter financial results and <a href="https://www.benzinga.com/news/earnings/24/02/37020695/cloudflare-q4-earnings-revenue-beat-eps-beat-strong-guidance-robust-momentum-and-more">issued first-quarter guidance</a>.
Revenue came in at $362.47 million, beating estimates of $353.1 million. The company posted earnings of 15 cents per share, topping estimates of 12 cents per share, according to data from <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a>.
Cloudflare expects full-year 2024 revenue of $1.648 billion and $1.652 billion versus estimates of $1.65 billion. The company sees full-year earnings in the range of 58 cents to 59 cents per share versus estimates of 56 cents per share.
Cloudflare shares surged 25.9% to $113.70 in pre-market trading
Here are some other stocks moving in pre-market trading.
<h3>Gainers</h3>
<ul>
<li>Next.e.GO N.V. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/egox#NASDAQ">EGOX</a>) gained 164% to $0.66 in pre-market trading.</li>
<li>Intelligent Living Application Group Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ilag#NASDAQ">ILAG</a>) gained 110.5% to $0.9897 in pre-market trading after surging around 24% on Thursday.</li>
<li>TC Biopharm (Holdings) Plc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/tcbp#NASDAQ">TCBP</a>) shares jumped 49.1% to $1.64 in pre-market trading after jumping over 16% on Thursday.</li>
<li>Sunworks, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sunw#NASDAQ">SUNW</a>) shares rose 30.3% to $0.0709 in pre-market trading. Sunworks and three subsidiaries recently made the decision to cease operations and filed for Chapter 7 bankruptcy in the United States Bankruptcy Court for the District of Delaware.</li>
<li>Cheche Group Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ccg#NASDAQ">CCG</a>) shares rose 26% to $4.41 in pre-market trading after falling around 6% on Thursday.</li>
<li>Sacks Parente Golf, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/spgc#NASDAQ">SPGC</a>) shares rose 24.8% to $0.96 in pre-market trading.</li>
<li>CleanSpark, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/clsk#NASDAQ">CLSK</a>) shares gained 21.9% to $12.80 in pre-market trading after the company reported a year-over-year increase in first-quarter GAAP EPS and better-than-expected sales results.</li>
<li>Green Giant Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/gge#NASDAQ">GGE</a>) shares rose 21.4% to $0.0449 in pre-market trading after gaining 25% on Thursday.</li>
<li>Centrus Energy Corp. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/leu#NYSE">LEU</a>) shares gained 12.6% to $52.40 in pre-market trading following upbeat quarterly results.</li>
</ul>
<h3>Losers</h3>
<ul>
<li>Synlogic, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sybx#NASDAQ">SYBX</a>) shares dipped 52.2% to $1.65 in pre-market trading after the company announced it will discontinue Synpheny-3, cease operations and reduce its workforce by more than 90%.</li>
<li>BioXcel Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/btai#NASDAQ">BTAI</a>) shares declined 36.3% to $2.39 in pre-market trading after the company announced a proposed public offering.</li>
<li>Renalytix Plc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/rnlx#NASDAQ">RNLX</a>) shares fell 22.4% to $0.42 in pre-market trading after climbing over 96% on Thursday.</li>
<li>MicroCloud Hologram Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/holo#NASDAQ">HOLO</a>) shares declined 22.4% to $22.26 in pre-market trading after jumping over 59% on Thursday. The company announced it planned to join the Communications Industry Association. HOLO intends to join the Communications Industry Association to foster information technology innovation.</li>
<li>EMCORE Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/emkr#NASDAQ">EMKR</a>) fell 19.7% to $0.5050 in pre-market trading after posting weak quarterly results.</li>
<li>The Children&#39;s Place, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/plce#NASDAQ">PLCE</a>) shares declined 17.5% to $16.30 in pre-market trading.</li>
<li>Expedia Group, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/expe#NASDAQ">EXPE</a>) declined 13.3% to $138.23 in pre-market trading after the company reported fourth-quarter financial results and named Ariane Gorin as CEO.</li>
<li>Pinterest, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/pins#NYSE">PINS</a>) shares declined 10.4% to $36.50 in pre-market trading. Pinterest reported upbeat earnings for its fourth quarter, while sales missed estimates. The company said it sees first-quarter revenue in the range of $690 million to $705 million versus estimates of $702.36 million.</li>
<li>Affirm Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/afrm#NASDAQ">AFRM</a>) shares fell 10.4% to $44.11 in pre-market trading after the company reported second-quarter financial results.</li>
<li>Take-Two Interactive Software, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ttwo#NASDAQ">TTWO</a>) fell 8.9% to $154.50 in pre-market trading. Take-Two reported third-quarter total net bookings of $1.34 billion, down 3% year-over-year. The company also revised its 2024 net bookings forecast to $5.25 billion and $5.3 billion, down from $5.45 billion and $5.55 billion earlier.</li>
</ul>
&nbsp;
Now Read This: <a href="https://www.benzinga.com/news/earnings/24/02/37026785/pinterest-pepsico-and-3-stocks-to-watch-heading-into-friday"> Pinterest, PepsiCo And 3 Stocks To Watch Heading Into Friday</a>

EGOX

SPGC

Why Cloudflare Shares Are Trading Higher By Over 25%; Here Are 20 Stocks Moving Premarket

Guidance

Emcore Sees Q2 Revenue $23M-$25M

<h3>Gainers</h3>
<ul>
<li>Cloudflare (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NET#NYSE">NET</a>) shares increased by 17.1% to $105.78 during Thursday's after-market session. The market value of their outstanding shares is at $35.5 billion. The company's, Q4 earnings came out today. </li>
<li>BILL Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BILL#NYSE">BILL</a>) shares moved upwards by 16.6% to $88.33. The market value of their outstanding shares is at $9.4 billion. As per the news, the Q2 earnings report came out today. </li>
<li>Impinj (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PI#NASDAQ">PI</a>) shares increased by 10.99% to $118.0. The company's market cap stands at $3.1 billion. As per the press release, Q4 earnings came out today. </li>
<li>Cleanspark (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CLSK#NASDAQ">CLSK</a>) stock increased by 9.71% to $11.52. The company's market cap stands at $2.2 billion. As per the news, the Q1 earnings report came out today. </li>
<li>Rimini Street (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RMNI#NASDAQ">RMNI</a>) stock increased by 5.09% to $3.3. The market value of their outstanding shares is at $294.9 million. </li>
<li>WM Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MAPS#NASDAQ">MAPS</a>) shares moved upwards by 4.88% to $0.99. The market value of their outstanding shares is at $92.5 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>EMCORE (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EMKR#NASDAQ">EMKR</a>) stock fell 20.5% to $0.5 during Thursday's after-market session. The market value of their outstanding shares is at $38.6 million. As per the press release, Q1 earnings came out today. </li>
<li>CCSC Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCTG#NASDAQ">CCTG</a>) shares decreased by 11.79% to $4.19. The market value of their outstanding shares is at $47.6 million. </li>
<li>MicroCloud Hologram (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOLO#NASDAQ">HOLO</a>) shares declined by 10.42% to $25.71. The market value of their outstanding shares is at $152.7 million. </li>
<li>MicroAlgo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MLGO#NASDAQ">MLGO</a>) stock decreased by 9.63% to $0.94. The market value of their outstanding shares is at $56.0 million. </li>
<li>Lantronix (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LTRX#NASDAQ">LTRX</a>) stock declined by 9.3% to $5.27. The company's market cap stands at $196.3 million. As per the press release, Q2 earnings came out today. </li>
<li>Argo Blockchain (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARBK#NASDAQ">ARBK</a>) shares fell 8.04% to $2.06. The market value of their outstanding shares is at $118.8 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.

MAPS

RMNI

EMCORE Corporation (EMKR) Q1 2024 Earnings Call Transcript

Emcore Corp (EMKR) has released an update to notify the public and investors about its officers. Iain Black, the Senior Vice President of Operation...

Emcore Corp Announces Senior VP of Operations Exit

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
It&rsquo;s time to start the final day of trading this week with a breakdown of the biggest pre-market stock movers for Friday morning!



Moving stocks are heavy trading, earnings reports, clinical trial news and more.



Let&rsquo;s get into that news below!



<h2>Biggest Pre-Market Stock Movers: 10 Top Gainers</h2>



<ol><li>Next eGo (NASDAQ:<a href="https://investorplace.com/stock-quotes/egox-stock-quote/">EGOX</a>) stock is rocketing more than 110% alongside heavy pre-market trading this morning.</li>



<li>Intelligent Living Application (NASDAQ:<a href="https://investorplace.com/stock-quotes/ilag-stock-quote/">ILAG</a>) shares are soaring over 90% with strong early morning trading on Friday.</li>



<li>TC BioPharm (NASDAQ:<a href="https://investorplace.com/stock-quotes/tcbp-stock-quote/">TCBP</a>) stock is surging more than 75% with increased trading activity this morning.</li>



<li>Top Financial (NASDAQ:<a href="https://investorplace.com/stock-quotes/top-stock-quote/">TOP</a>) shares are gaining over 75% as it also experiences heavy trading on Friday.</li>



<li>Sunworks (NASDAQ:<a href="https://investorplace.com/stock-quotes/sunw-stock-quote/">SUNW</a>) stock is rising more than 38% <a href="https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&amp;ref=318035511&amp;type=PDF&amp;symbol=SUNW&amp;cdn=adc51c5aed5c71e14427762a8cf482ab&amp;companyName=Sunworks+Inc.&amp;formType=8-K&amp;formDescription=Current+report+pursuant+to+Section+13+or+15%28d%29&amp;dateFiled=2024-02-06">despite a recent bankruptcy filing</a>.</li>



<li>Cheche (NASDAQ:<a href="https://investorplace.com/stock-quotes/ccg-stock-quote/">CCG</a>) shares are increasing over 30% without any clear news today.</li>



<li>Cloudflare (NYSE:<a href="https://investorplace.com/stock-quotes/net-stock-quote/">NET</a>) stock is climbing more than 27% <a href="https://www.cnbc.com/2024/02/08/cloudflare-net-q4-earnings-report-2023.html">alongside an earnings beat</a>.</li>



<li>Magic Empire Global (NASDAQ:<a href="https://investorplace.com/stock-quotes/megl-stock-quote/">MEGL</a>) shares are jumping over 26% alongside strong early morning trading on Friday.</li>



<li>Central Garden &amp; Pet (NASDAQ:<a href="https://investorplace.com/stock-quotes/centa-stock-quote/">CENTA</a>) stock is getting a 25% boost <a href="https://app.quotemedia.com/data/downloadFiling?webmasterId=90423&amp;ref=318045374&amp;type=PDF&amp;symbol=CENT&amp;cdn=10c65ab88aa3d8ef8e519b4adb7f0d23&amp;companyName=Central+Garden+%26+Pet+Company&amp;formType=4&amp;formDescription=Statement+of+changes+in+beneficial+ownership+of+securities&amp;dateFiled=2024-02-08">on insider buying</a>.</li>



<li>Selina Hospitality (NASDAQ:<a href="https://investorplace.com/stock-quotes/slna-stock-quote/">SLNA</a>) shares are up more than 18% with strong trading this morning.</li>
</ol><h2>10 Top Losers</h2><ol></ol><ol><li>Synlogic (NASDAQ:<a href="https://investorplace.com/stock-quotes/sybx-stock-quote/">SYBX</a>) stock is plummeting 58% after <a href="https://finance.yahoo.com/news/synlogic-announces-decision-discontinue-synpheny-211500711.html">discontinuing a clinical trial</a>.</li>



<li>BioXcel Therapeutics (NASDAQ:<a href="https://investorplace.com/stock-quotes/btai-stock-quote/">BTAI</a>) shares are diving over 40% after <a href="https://www.globenewswire.com/news-release/2024/02/08/2826423/0/en/BioXcel-Therapeutics-Announces-Proposed-Public-Offering.html">announcing a proposed public offering</a>.</li>



<li>Children&rsquo;s Place (NASDAQ:<a href="https://investorplace.com/stock-quotes/plce-stock-quote/">PLCE</a>) stock is tumbling more than 31% after releasing <a href="https://www.nasdaq.com/press-release/the-childrens-place-announces-preliminary-unaudited-results-for-the-fourth-quarter-0">preliminary earnings results</a>.</li>



<li>Renalytix (NASDAQ:<a href="https://investorplace.com/stock-quotes/rnlx-stock-quote/">RNLX</a>) shares are taking a close to 27% beating as it comes off a rally yesterday.</li>



<li>Syra Health (NASDAQ:<a href="https://investorplace.com/stock-quotes/syra-stock-quote/">SYRA</a>) stock is dropping over 25% following a <a href="https://investorplace.com/2024/02/why-is-syra-health-syra-stock-up-285-today/">massive rally on Thursday</a>.</li>



<li>MicroCloud Hologram (NASDAQ:<a href="https://investorplace.com/stock-quotes/holo-stock-quote/">HOLO</a>) shares are retreating more than 25% after <a href="https://investorplace.com/2024/02/microcloud-hologram-holo-stock-pops-another-10-in-speculative-rally/">rallying the last two days</a>.</li>



<li>Hitek Global (NASDAQ:<a href="https://investorplace.com/stock-quotes/hkit-stock-quote/">HKIT</a>) stock is sliding over 22% after a <a href="https://investorplace.com/2024/02/why-is-hitek-global-hkit-stock-up-518-today/">massive jump in price yesterday</a>.</li>



<li>Emcore (NASDAQ:<a href="https://investorplace.com/stock-quotes/emkr-stock-quote/">EMKR</a>) shares are falling more than 20% with its <a href="https://qz.com/emcore-fiscal-q1-earnings-snapshot-1851240456">latest earnings release</a>.</li>



<li>CCSC Technology (NASDAQ:<a href="https://investorplace.com/stock-quotes/cctg-stock-quote/">CCTG</a>) stock is slipping over 18% <a href="https://investorplace.com/2024/02/why-is-ccsc-technology-cctg-stock-up-107-today/">after a Thursday rally</a>.</li>



<li>MoneyHero (NASDAQ:<a href="https://investorplace.com/stock-quotes/mny-stock-quote/">MNY</a>) stock closes out our pre-market stock movers down more than 18% <a href="https://finance.yahoo.com/news/moneyhero-group-announces-resignation-chief-213000993.html">as its Chief Financial Officer resigns</a>.</li>
</ol>On the date of publication, William White&nbsp;did not have (either directly or indirectly) any positions in the securities mentioned in this article.&nbsp;The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.
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	The post <a href="https://investorplace.com/2024/02/todays-biggest-pre-market-stock-movers-10-top-gainers-and-losers-on-friday-feb-9th/">Today's Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on Friday</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

Today's Biggest Pre-Market Stock Movers: 10 Top Gainers and Losers on Friday

In a report released today, Tim Savageaux from Northland Securities maintained a Buy rating on Emcore (EMKR – Research Report), with a price target...

Northland Securities Reaffirms Their Buy Rating on Emcore (EMKR)

Warning: EMKR is at high risk of performing badly

Emcore Corp (EMKR) has released an update. EMCORE Corporation's Board of Directors has approved immediate changes to the company's bylaws, with the...

Emcore Corp Announces Bylaws Change and Headquarters Relocation

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
While digital innovation is all the rage, the underlying companies&rsquo; lofty valuations incentivizes a closer look at tech <a href="https://investorplace.com/stock-types/penny-stocks/">penny stocks</a>. Of course, this sector presents extreme risks: you don&rsquo;t want to spend any more money here than you can afford to lose. Quite frankly, you probably will lose.



That said, unless you own a time machine, you&rsquo;re not going to be able to buy shares of Nvidia (NASDAQ:<a href="https://investorplace.com/stock-quotes/nvda-stock-quote/">NVDA</a>) for under ten bucks. Those days are long gone. What you can do is to find the next NVDA &ndash; or at least something with its upside potential.



Yes, it&rsquo;s easier said than done. And yes, it&rsquo;s a wildly risky proposition. Keep in mind, though, that NVDA was once a sub-dollar entity. On that note, below are compelling tech penny stocks to gamble on.



<h2>Emcore (EMKR)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/06/shutterstock_1926453779-300x169.png" alt="top Tech stocks to watch : Double exposure of man's hands holding and using a phone and financial graph drawing. tech stocks"><div>Source: Peshkova / Shutterstock</div></div>A compelling but simultaneously controversial idea for its defense and aerospace implications, Emcore (NASDAQ:<a href="https://investorplace.com/stock-quotes/emkr-stock-quote/">EMKR</a>) is a leading provider of sensors and navigation systems. Per the company&rsquo;s <a href="https://investor.emcore.com/static-files/0398cf9c-8e1b-4cd0-8f8f-d21d078c1f02">Form 10-K</a> disclosure, Emcore is a fully vertically integrated manufacturing firm, allowing it to respond quickly to market demand. Further, with geopolitical flashpoints rising in scope and scale, EMKR stock should see tremendous relevance.



In particular, Emcore&rsquo;s navigation and stabilization systems may integrate well with commercial and military aircraft. This utility includes unmanned autonomous vehicles, which have become cornerstones in the Ukrainian conflict. With this military invasion rapidly changing our understanding of modern warfare tactics and strategies, EMKR stock may eventually rise in prominence.



That&rsquo;s what analysts apparently have in mind, rating shares a <a href="https://www.tipranks.com/stocks/emkr">unanimous strong buy</a>. Also, their average price target stands at $1.18, implying over 187% upside potential. If you don&rsquo;t mind the defense/aerospace angle, EMKR makes for an enticing candidate for tech penny stocks.



<h2>PowerFleet (PWFL)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/internet-of-things-large-300x169.jpg" alt="a visual representation of the internet connections crisscrossing the sky above a city"><div>Source: Shutterstock</div></div>Billed as a global leader of Internet-of-Things (IoT) solutions, PowerFleet (NASDAQ:<a href="https://investorplace.com/stock-quotes/pwfl-stock-quote/">PWFL</a>) specializes in securing, controlling, tracking and managing high-value enterprise assets. These include industrial trucks, tractor trailers, intermodal shipping containers, cargo and vehicle and truck fleets. Further, the company&rsquo;s <a href="https://ir.powerfleet.com/financials/annual-reports/content/0001493152-23-010426/0001493152-23-010426.pdf">Form 10-K</a> explains that it provides valuable business intelligence for entities seeking operational efficiency improvements.



Fundamentally, PWFUL ranks among the top tech penny stocks thanks to its rapidly burgeoning ecosystem. According to ResearchAndMarkets, the global sector for IoT-based analytics <a href="https://finance.yahoo.com/news/internet-things-iot-analytics-global-152300510.html#:~:text=The%20global%20market%20for%20Internet,the%20analysis%20period%202022%2D2030.">reached a valuation of $24.8 billion in 2022</a>. By 2030, the segment could see expansion to $166.5 billion.



Here&rsquo;s the thing &ndash; PowerFleet prints a market capitalization of only $111.3 million. Thus, by grabbing an appropriate size share of the market, PWFL stock could skyrocket. Analysts appear to agree with the thesis, pegging shares a <a href="https://www.tipranks.com/stocks/pwfl/forecast">moderate buy</a> with a $5 price target. This forecast implies over 67% upside potential. Further, the highest price target is $6, which sees a doubling of value.



<h2>Lantronix (LTRX)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2023/07/internet-of-things1600-300x169.png" alt="Communication and networking in a digital society. night background. Future city or smart city concept."><div>Source: Banana Oil / Shutterstock.com</div></div>A global industrial and enterprise IoT provider, Lantronix (NASDAQ:<a href="https://investorplace.com/stock-quotes/ltrx-stock-quote/">LTRX</a>) targets high-growth applications in specific verticals. These include smart grid, intelligent transportation, smart cities, and artificial intelligence data centers. Per the company&rsquo;s <a href="https://s3.amazonaws.com/sec.irpass.cc/2277/0001683168-23-006386.pdf">Form 10-K</a> disclosure, Lantronix commands a long history of networking and video processing competencies. As well, it offers services tied to cloud and edge computing.



Amid a difficult economic environment, many businesses are attempting to cut costs. Beyond just the obvious solution of layoffs, they&rsquo;re seeking streamlining of their operations. Lantronix aims to accelerate this directive by reducing the complexities of tech deployments. It accomplishes this task through offering its customers customizable solutions that address each layer of an IoT stack.



For stakeholders of LTRX stock, the main catalyst centers on the growth of the <a href="https://www.grandviewresearch.com/industry-analysis/enterprise-iot-market-report#:~:text=enterprise%20IoT%20market%3F-,The%20global%20enterprise%20IoT%20market%20size%20was%20estimated%20at%20USD,USD%201.42%20billion%20by%202030.">enterprise IoT market</a>. Per Grand View Research, this space could expand at a compound annual growth rate of 14.1% from 2024 to 2030. At the forecast culmination, the ecosystem may be worth $1.42 billion.



Finally, analysts rate LTRX a <a href="https://www.tipranks.com/stocks/ltrx/forecast">unanimous strong buy</a> with an $8.25 price target, implying nearly 102% upside potential.



On Penny Stocks and Low-Volume Stocks:&#8239;With only the rarest exceptions,&nbsp;InvestorPlace&nbsp;does not publish commentary about companies that have a market cap of less than $100 million or trade less than 100,000 shares each day. That&rsquo;s because these &ldquo;penny stocks&rdquo; are frequently the playground for scam artists and market manipulators. If we ever do publish commentary on a low-volume stock that may be affected by our commentary, we demand that&#8239;InvestorPlace.com&rsquo;s&nbsp;writers disclose this fact and warn readers of the risks.



Read More:&#8239;<a href="https://investorplace.com/2014/05/fraud-penny-stocks-scams/" target="_blank">Penny Stocks &mdash;&nbsp;How to Profit Without Getting Scammed</a>



On the date of publication, Josh Enomoto did not have (either directly or indirectly) any positions in the securities mentioned in this article.&nbsp;The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.
<div>A former senior business analyst for Sony Electronics, Josh Enomoto has helped broker major contracts with Fortune Global 500 companies. Over the past several years, he has delivered unique, critical insights for the investment markets, as well as various other industries including legal, construction management, and healthcare. Tweet him at @EnomotoMedia.</div><h3>More From InvestorPlace</h3>
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The post <a href="https://investorplace.com/2024/02/3-tech-penny-stocks-that-could-become-tomorrows-giants/">3 Tech Penny Stocks That Could Become Tomorrow&#8217;s Giants</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

3 Tech Penny Stocks That Could Become Tomorrow's Giants

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
<a href="https://investorplace.com/stock-types/penny-stocks/">Penny stocks</a> are Wall Street&rsquo;s version of the discount dollar store. Most of the stuff you find is absolute junk, let&rsquo;s be brutally honest here. However, that&rsquo;s not 100% of the case.



Allow me a small personal example. I used to buy can openers from major retailers but they would typically break apart quickly. So, I decided to buy one from the dollar store. Even with the savings I would get, if the discount can opener lasted half as long as the brand-name variety, I would be a winner. Turns out, it lasted a lot longer than I expected.



Stated differently, penny stocks represent huge risks because you can get completely creamed. But on occasion, you can also find some hidden gems. On that note, below are possibly intriguing (albeit extremely speculative) ideas to consider.



<h2>Rekor Systems (REKR)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2023/01/rekr1600-300x169.png" alt="Security Video Camera Vehicle number identification system. Rekor Systems &#x2A;REKR) makes vehicle identification, artificial intelligence."><div>Source: Al Serov / Shutterstock.com</div></div>Leveraging significant acumen in big data analytics, Rekor Systems (NASDAQ:<a href="https://investorplace.com/stock-quotes/rekr-stock-quote/">REKR</a>) focuses on providing real-time roadway intelligence through artificial intelligence. Further, the company bridges the gap between commercial and government sectors by offering actionable insights from vehicle recognition data. Therefore, Rekor may play a key role in the smart city evolution.



According to Statista, the smart cities market worldwide should see significant growth. By the end of this year, the segment could generate revenue of $104.8 billion. Further, analysts believe that the space could expand at a compound annual growth rate (CAGR) of 12.15% from 2024 to 2028. At the forecast&rsquo;s culmination point, <a href="https://www.statista.com/outlook/tmo/internet-of-things/smart-cities/worldwide#:~:text=The%20Smart%20Cities%20market%20worldwide,12.15%25%20from%202024%20to%202028.">market volume may reach $165.8 billion</a>.



Now, does that mean REKR will fly above other penny stocks because of the underlying relevant market? No guarantees like that exist. At the same time, Rekor offers some surprisingly stout statistics. For instance, its <a href="https://www.gurufocus.com/stock/REKR/summary?search=rekr">three-year revenue growth rate</a> lands at 13.6%, above the sector median 8.7%.



Looking ahead, analysts rate shares a <a href="https://www.tipranks.com/stocks/rekr/forecast">moderate buy</a> with a $4.50 average price target. That implies over 92% upside potential.



<h2>Emcore (EMKR)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/06/shutterstock_1926453779-300x169.png" alt="top Tech stocks to watch : Double exposure of man's hands holding and using a phone and financial graph drawing. tech stocks"><div>Source: Peshkova / Shutterstock</div></div>Billed as a leading independent provider of advanced inertial navigation and sensing products, Emcore (NASDAQ:<a href="https://investorplace.com/stock-quotes/emkr-stock-quote/">EMKR</a>) offers myriad underappreciated relevancies. Of course, it&rsquo;s difficult to appreciate with EMKR trading hands at only 44 cents per share. However, with the field of aerospace and defense rapidly moving into the autonomous domain, Emcorec could conceivably see increased demand for its critical technologies.



In particular, Emcore&rsquo;s gyroscopes are highly accurate and can be integrated into navigation systems for various autonomous vehicles, including unmanned aerial vehicles (UAVs). With so much attention paid to drone warfare, Emcore could benefit from intense interest in this specialty.



As with other penny stocks, though, investors must be prepared to handle extreme volatility. Since the start of this year, EMKR dropped more than 10%. Over the past one-year period, shares hemorrhaged over 69% of market value.



Still, analysts project <a href="https://finance.yahoo.com/quote/emkr/analysis">top-line growth</a>. By the end of 2024, they anticipate revenue of $101.61 million. In 2025, this figure could rise to $114.66 million. They also peg shares a <a href="https://www.tipranks.com/stocks/emkr/forecast">unanimous strong buy</a> with a $1.18 price target, implying over 168% upside potential.



<h2>Ondas (ONDS)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/01/tech-stocks1600-300x169.png" alt="Business man using computer hand close up futuristic cyber space decentralized finance coding background, business data analytics programming online VPN network metaverse digital world technology. tech stocks"><div>Source: thinkhubstudio / Shutterstock.com</div></div>A tech platform provider, Ondas (NASDAQ:<a href="https://investorplace.com/stock-quotes/onds-stock-quote/">ONDS</a>) <a href="https://www.ondas.com">states on its website</a> that it provides mission-critical network and data solutions for industrial and government markets. The organization breaks down into two units, one covering wireless broadband technology for facilitating myriad industrial applications while the other focuses on autonomous systems. This unit includes its autonomous drone service, which can provide inspection, mapping, and data collection solutions.



According to Grand View Research, the underlying industrial technology market &ndash; more commonly known as Industry 4.0 &ndash; <a href="https://www.grandviewresearch.com/industry-analysis/industry-4-market-report#:~:text=The%20Industry%204.0%20market%20size,USD%20627.59%20billion%20by%202030.">reached a valuation of $146.14 billion in 2022</a>. Further, analysts believe that the space could expand at a CAGR of 19.9% from 2023 to 2030. By the end of the forecast period, the segment could be worth $627.59 billion.



To be sure, Ondas presents extraordinary risks, even when stacked against other penny stocks. Just in this year alone, ONDS slipped almost 29%. At the same time, the company posted a <a href="https://www.gurufocus.com/stock/ONDS/summary">three-year revenue growth rate of 40.6%</a>, well above its peers.



Analysts <a href="https://finance.yahoo.com/quote/onds/analysis">see more growth ahead</a>, projecting sales of just under $42 million in the current fiscal year.



<h2>Wag! Group (PET)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2020/09/pets-300x169.jpg" alt="a puppy and a kitten sniggling together. represents pet stocks"><div>Source: Shutterstock</div></div>A pet care specialist, Wag! Group (NASDAQ:<a href="https://investorplace.com/stock-quotes/pet-stock-quote/">PET</a>) offers a tech platform that helps connect pet owners with independent pet professionals for on-demand and scheduled dog walking, training and other pet care services, all via the convenience of a mobile app. Basically, it&rsquo;s pet care for the current century. Still, PET stock has been all over the map.



Since the January opener, shares have gained more than 14%. That&rsquo;s encouraging. What&rsquo;s not so pleasant, though, is the trailing-year loss of nearly 9%. And since the company&rsquo;s public market debut, PET has dropped over 79% of equity value. Unfortunately, pet owners have <a href="https://youtu.be/DsZj1aJ0vkc?t=173">borne the brunt of the damage</a> when it comes to consumer inflation.



Here&rsquo;s the good news: overall, <a href="https://www.americanpetproducts.org/research-insights/industry-trends-and-stats#:~:text=In%202023%2C%20a%20total%20of,is%20projected%20in%20the%20U.S.">Americans continue to open their wallets</a> for various pet-related products and services. So, Wag! could potentially benefit from a trickle-down effect, to borrow a political phrase.



Even better, analysts anticipate robust growth in 2024 to the tune of $108.43 million. In 2025, this tally could rise to $131.97 million. Craig-Hallum&rsquo;s Jeremy Hamblin provided the most recent coverage, <a href="https://www.tipranks.com/stocks/pet/forecast">calling for shares to hit $5.50</a> or 175% up.



<h2>Aeva Technologies (AEVA)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2024/01/aeva1600-300x169.png" alt="Mobile phone with logo of American autonomous driving company Aeva Inc. on screen in front of business web page. Focus on left of phone display. Unmodified photo."><div>Source: T. Schneider / Shutterstock.com</div></div>Providing a next-generation lidar system, Aeva Technologies (NYSE:<a href="https://investorplace.com/stock-quotes/aeva-stock-quote/">AEVA</a>) may play a huge role in autonomous mobility. Sure, there are many companies out there that specialize in lidar-based solutions. Quite a few now represent tempting penny stocks. However, Aeva attempts to distinguish itself from the competition through its continuous wave technology.



Essentially, Aeva&rsquo;s system doesn&rsquo;t just &ldquo;see&rdquo; objects around it &ndash; that&rsquo;s child&rsquo;s play at this point. Rather, it constantly detects the objects&rsquo; velocities and most importantly the change in said velocities. This way, the system can avoid accidents, taking appropriate tactical measures. Or, by calculating where objects will be in space and time, strategic avoidance capabilities could be possible.



All this raises the prospect that with the right opportunity, AEVA could be one of the penny stocks to skyrocket. Analysts see <a href="https://finance.yahoo.com/quote/aeva/analysis">tremendous growth</a> for the current fiscal year, or $15.09 million on average. Further, the high-side estimate hits $20.3 million.



Overall, the Street&rsquo;s experts believe <a href="https://www.tipranks.com/stocks/aeva">shares could reach $3.50</a>. If so, we&rsquo;re talking almost 263% growth potential.



<h2>Porch (PRCH)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/software1600d-300x169.jpg" alt="A man examines a digital screen with different icons for software."><div>Source: Shutterstock</div></div>A risky idea among penny stocks, Porch (NASDAQ:<a href="https://investorplace.com/stock-quotes/prch-stock-quote/">PRCH</a>) could be quirk enough to rise above the muck. A software platform company, <a href="https://porchgroup.com">Porch specializes in home services</a>. Specifically, it connects homeowners with home service companies via its platform. Through this convenient mechanism, homeowners can search for and connect with qualified service providers, receive quotes, schedule appointments, and other important administrative tasks.



Stated differently, Porch removes the pain points associated with finding and securing home-services-related contracts. Of course, with the troubles that the consumer economy faces right now, PRCH encounters broader headwinds. Yes, shares have gained almost 24% over the past 52 weeks. However, since its initial public offering, PRCH is down more than 69%.



However, let&rsquo;s consider the real estate ecosystem. Plenty of folks bought homes during the wild years. And that almost invariably means they will need home services. Indeed, many folks bought their homes without any contingencies. So, some necessary repairs are likely to pop up.



Analysts view PRCH as a <a href="https://www.tipranks.com/stocks/prch/forecast">consensus strong buy</a> with a $13.25 price target, implying 329% upside.



<h2>Velo3D (VLD)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/02/3dprintingmsn3-1600-300x169.jpg" alt="3d printer printing chips, 3D printing stocks"><div>Source: shutterstock.com/Alex_Traksel</div></div>In my opinion, Velo3D (NYSE:<a href="https://investorplace.com/stock-quotes/vld-stock-quote/">VLD</a>) is easily the riskiest idea on this list of penny stocks to consider. Since the year started, VLD dropped 27% in market value but that&rsquo;s just the tip of the iceberg. In the past 52 weeks, VLD suffered a severe implosion to a magnitude of over 91%. Since its IPO, the company &ndash; which specializes in metal-based additive manufacturing (<a href="https://investorplace.com/cryptocurrency/am/">AM</a>) &ndash; has tanked more than 97%.



So, why bother taking a shot here? On a technical front, it&rsquo;s possible that VLD stock posted a near-term bottom on Feb. 7. If the bears have cleared the room, the subsequent upside move could be intense. More importantly, Grand View Research states that the <a href="https://www.grandviewresearch.com/industry-analysis/additive-manufacturing-market">global additive manufacturing market</a> reached a valuation of $20.37 billion last year. So, the growth opportunity is massive.



What&rsquo;s more, the sector could expand at a CAGR of 23.3% from 2023 to 2030. At the end of the period, the industry might generate revenue of $88.28 billion. Keep in mind that Velo3D&rsquo;s market capitalization is only $69.4 million.



In turn, Lake Street&rsquo;s Jacob Stephan sees <a href="https://www.tipranks.com/stocks/vld/forecast">VLD hitting $2</a> or a rise of over 639%.



On Penny Stocks and Low-Volume Stocks:&#8239;With only the rarest exceptions,&nbsp;InvestorPlace&nbsp;does not publish commentary about companies that have a market cap of less than $100 million or trade less than 100,000 shares each day. That&rsquo;s because these &ldquo;penny stocks&rdquo; are frequently the playground for scam artists and market manipulators. If we ever do publish commentary on a low-volume stock that may be affected by our commentary, we demand that&#8239;InvestorPlace.com&rsquo;s&nbsp;writers disclose this fact and warn readers of the risks.



Read More:&#8239;<a href="https://investorplace.com/2014/05/fraud-penny-stocks-scams/" target="_blank">Penny Stocks &mdash;&nbsp;How to Profit Without Getting Scammed</a>



On the date of publication, Josh Enomoto did not have (either directly or indirectly) any positions in the securities mentioned in this article.&nbsp;The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.
<div>A former senior business analyst for Sony Electronics, Josh Enomoto has helped broker major contracts with Fortune Global 500 companies. Over the past several years, he has delivered unique, critical insights for the investment markets, as well as various other industries including legal, construction management, and healthcare. Tweet him at @EnomotoMedia.</div><h3>More From InvestorPlace</h3>
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The post <a href="https://investorplace.com/2024/02/7-popular-penny-stocks-with-breakout-potential/">7 Popular Penny Stocks With Breakout Potential</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

7 Popular Penny Stocks With Breakout Potential

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
I&rsquo;m about to drop a truth bomb about speculative stocks under $1.



Back when I was a freshman in college, the on-campus security officer had this to say: &ldquo;Tijuana? You don&rsquo;t wanna.&rdquo; Subsequently, the crowd erupted in laughter but the officer got his point across. Yes, Tijuana is an exciting and vibrant city, no doubt about it. However, people &ndash; especially young underage college students &ndash; can get carried away.



That&rsquo;s the reality behind speculative stocks under $1. It&rsquo;s like Tijuana, where the same restrictions you might find in the U.S. (for your own protection) might not be so prevalent south of the border. So, if you&rsquo;re going to speculate, speculate responsibly.



That&rsquo;s all. Here are some speculative stocks under $1 to mull over.



<h2>Akoutsis Technologies (AKTS)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/12/penny-stocks-1600-300x169.jpg" alt="A concept image of a penny sitting on a stock chart"><div>Source: Billion Photos / Shutterstock.com</div></div>Based in North Carolina, Akoustis Technologies (NASDAQ:<a href="https://investorplace.com/stock-quotes/akts-stock-quote/">AKTS</a>) is a specialist in the radio frequency (<a href="https://investorplace.com/stock-quotes/rf-stock-quote/">RF</a>) industry. Fundamentally, RF technology plays a <a href="https://cellbusters.com/rf-technology/#:~:text=It's%20used%20for%20applications%20like,many%20wireless%20device%20detection%20systems.">critical role in protecting information and assets</a> across wireless device networks. In terms of applications, industry products are used in GPS trackers, weather forecasting, satellite communications, and more. If you think this space is relevant, it is.



Even better, Akoustis has been a revenue monster. For example, the company posts a <a href="https://www.gurufocus.com/stock/AKTS/summary?search=akts">three-year revenue growth rate of 100.3%</a>. Of course, such a top-line performance won&rsquo;t last indefinitely. Nevertheless, analysts project that by the end of this year, Akoustis will generate sales of $32.86 billion. If so, that would translate to growth of 21.2% from last year&rsquo;s tally.



What&rsquo;s more, in 2025, the company may post revenue of $53.62 million. In that case, growth would soar to 63.2% from 2024&rsquo;s projected sales.



Of course, nothing&rsquo;s for free on Wall Street. You want to play? AKTS is highly risky, losing 26% year-to-date. Still, analysts rate shares a <a href="https://www.tipranks.com/stocks/akts/forecast">moderate buy</a> with a $1 price target. That makes it one of the speculative stocks under $1.



<h2>Vertical Aerospace (EVTL)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/03/penny-stocks-300x169.png" alt="Stacks of pennies representing penny stocks. Nano-Cap Penny Stocks"><div>Source: John Brueske / Shutterstock.com</div></div>Electric vertical takeoff and landing (eVTOL) aircraft seem to be all the rage these days and Vertical Aerospace (NYSE:<a href="https://investorplace.com/stock-quotes/evtl-stock-quote/">EVTL</a>) wants a piece of the pie. <a href="https://vertical-aerospace.com">Per its website</a>, Vertical is pioneering electric aviation through its VX4 aircraft. It boasts a cruising speed of 150 miles per hour and a range of 100 miles. For environmentalists, the <a href="https://vertical-aerospace.com/meet-the-vx4/">VX4 carries the advantage of zero emissions</a>.



Although it&rsquo;s an intriguing idea for speculative stocks under $1, that&rsquo;s what it largely is: an idea. Looking at its financials, the company <a href="https://www.gurufocus.com/stock/EVTL/financials">does not generate revenue</a>. Other states don&rsquo;t seem particularly encouraging. For example, it sees a three-year EBITDA growth rate of 88.7% below breakeven. However, on the positive side, Vertical enjoys a <a href="https://www.gurufocus.com/stock/EVTL/summary">cash-to-debt ratio of 26.69X</a>.



Will that be enough to keep EVTL stock a float? That&rsquo;s a major question mark. Over the past 52 weeks, EVTL lost more than 64% of equity value. On the &ldquo;positive&rdquo; side, shares trade hands at 68 cents. That&rsquo;s much closer to the 52-week low of 50.8 cents than it is to the 52-week high of $2.35. It&rsquo;s possible, then, that EVTL could bounce higher.



<h2>Emcore (EMKR)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2021/08/penny-stocks-1600-300x169.jpg" alt="Page of newspaper with words penny stocks. high return penny stocks"><div>Source: Vitalii Vodolazskyi / Shutterstock.com</div></div>An aerospace and defense specialist, Emcore (NASDAQ:<a href="https://investorplace.com/stock-quotes/emkr-stock-quote/">EMKR</a>) represents one of the speculative stocks under $1 that I&rsquo;ve discussed previously. As a market wager, it could be intriguing for its focus on autonomous platforms. Specifically, drone warfare has become one of the most pivotal developments in modern warfare. Moving forward, more conflicts may see the increased deployment of unmanned aerial vehicles.



Of course, control such vehicles effectively will be key. And that cynically could see Emcore rise far higher from its current position. Further, analysts believe the company has the goods to back up its potential. By the end of 2024, they anticipate that revenue will reach $101.6 million. That would be up 4% from last year&rsquo;s tally of $97.72 million.



Looking out to 2025, they anticipate revenue to hit $114.66 million. If so, that&rsquo;s almost a 13% lift from projected 2024 sales.



Is it risky? Absolutely &ndash; we&rsquo;re talking about an enterprise with a market capitalization of only $32.64 million. However, analysts rate shares a <a href="https://www.tipranks.com/stocks/emkr/forecast">unanimous strong buy</a> with a $1.18 price target, up over 179%.



<h2>Northern Dynasty Minerals (NAK)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2022/07/penny-1600-300x169.jpg" alt="Pennies in a jar on top of a background of blurred pennies. Penny stocks."><div>Source: John Brueske / Shutterstock</div></div>A metals and mining exploration firm, Northern Dynasty Minerals (NYSEAMERICAN:<a href="https://investorplace.com/stock-quotes/nak-stock-quote/">NAK</a>) focuses on what its website calls the world-class <a href="https://northerndynastyminerals.com">Pebble Project in Alaska</a>. Further, the company claims that it&rsquo;s the world&rsquo;s most significant undeveloped copper and gold resource. Therefore, if Northern Dynasty can live up to its potential, NAK could easily be one of the top speculative stocks under $1.



To be sure, as an exploration firm, the company doesn&rsquo;t generate any revenue. Further, in 2022, its free cash flow landed at $18 million below breakeven. On a trailing-12-month (<a href="https://investorplace.com/stock-quotes/ttm-stock-quote/">TTM</a>) basis, the cash burn came out to $17 million. It&rsquo;s something to keep in mind &ndash; we&rsquo;re dealing more with narratives here rather than fiscal substance.



Still, on the plus side, the company features a <a href="https://www.gurufocus.com/stock/NAK/summary?search=nak">decently stable balance sheet</a>. In addition, the pricing profile may be compelling to market gamblers. Presently priced at 26 cents, NAK&rsquo;s 52-week low sits at 21 cents whereas the 52-week high lands at 43 cents. Therefore, it could be a relative bargain.



H.C. Wainwright&rsquo;s Heiko Ihle is the sole analyst covering NAK stock with a &ldquo;buy&rdquo; rating. As well, the expert sees a <a href="https://www.tipranks.com/stocks/nak/forecast">90-cent target</a>, implying nearly 244% upside potential.



<h2>Outlook Therapeutics (OTLK)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/penny-stocks-stack-chart-300x169.jpg" alt="a stack of pennies and a calculator lay stop a graph of market movements. Penny Stocks"><div>Source: Shutterstock</div></div>A pre-commercial biotechnology enterprise, Outlook Therapeutics (NASDAQ:<a href="https://investorplace.com/stock-quotes/otlk-stock-quote/">OTLK</a>) is dedicated to developing therapies for the preservation of vision. Specifically, the company is working to develop and launch the first ophthalmic formulation approved by the Food and Drug Administration (FDA) of bevacizumab for use in retinal indications. Its main disease focus centers on the treatment of wet age-related macular degeneration (wet AMD), diabetic macular edema (DME) and branch retinal vein occlusion (BRVO).



To be sure, undersized biotech names represent one of the most volatile entities. Further, OTLK &ndash; as one of the speculative stocks under $1 &ndash; takes this unpredictable profile to the extreme. In the trailing one-year period, OTLK suffered a loss of 65%. Since its public market debut in 2016, Outlook lost almost 99%.



Still, there is some limited evidence that the biotech could be de-risked. In particular, analysts on average believe that in 2024, the company could finally print revenue again. The average sales expectation calls for $280,000 while the high-side estimate clocks in at $1.43 million. In 2025, the average forecast rises dramatically to $13.09 million.



On a very positive note, analysts rate shares a <a href="https://www.tipranks.com/stocks/otlk/forecast">consensus strong buy</a> with a $2.22 average price target.



<h2>Affimed (AFMD)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/penny-stocks-lifting-men-figurines-300x169.jpg" alt="penny stocks"><div>Source: Shutterstock</div></div>Another intriguing but risky biotech enterprise, Affimed (NASDAQ:<a href="https://investorplace.com/stock-quotes/afmd-stock-quote/">AFMD</a>) claims it is devoted to pursuing the untapped potential of the innate immune system. In this way, the protocol gives patients the chance to fight cancer via a more robust approach. Specifically, Affimed seeks to unleash the power of natural killer (NK) cells and other immune cells directly against tumors, facilitating their destruction.



To be fair, the market has a mixed response to AFMD stock. Since the beginning of the year, shares gained more than 6% of equity value. However, in the trailing one-year period, they&rsquo;re down over 26%. However, what&rsquo;s really intriguing is that in the past month, AFMD soared more than 19%. Since November last year, the stock has been charting a series of higher lows.



Financially, analysts only expect 2023 revenue to land at $10.29 million, which would be down 77% from 2022&rsquo;s result. Also, 2024 sales could fade to $6.35 million.



Nevertheless, Wall Street&rsquo;s experts are encouraged at the market potential, pegging shares a buy with a <a href="https://www.tipranks.com/stocks/afmd/forecast">$5 price target</a>. If AFMD stock gets there, we&rsquo;re talking about a return of over 647%.



<h2>Gevo (GEVO)</h2>



<div><img width="300" height="169" src="https://investorplace.com/wp-content/uploads/2019/07/penny-stocks-finding-magnify-300x169.jpg" alt="A hand holding a magnifying glass over pennies. under-$1 stocks to buy"><div>Source: Shutterstock</div></div>When it comes to the speculative stocks under $1 on this list, Gevo (NASDAQ:<a href="https://investorplace.com/stock-quotes/gevo-stock-quote/">GEVO</a>) could be the riskiest. That&rsquo;s saying something. Since the beginning of the year, GEVO stock dropped over 32% of market value. In the past 52 weeks, shares declined by 57%. We haven&rsquo;t even begun to talk about what the business does and already, some of you may have lost your appetite.



However, this is where circumstances get intriguing for Gevo. <a href="https://www.google.com/finance/quote/GEVO:NASDAQ?hl=en">Per its public profile</a>, the company specializes in renewable chemicals and advanced biofuels. In particular, Gevo is pursuing a business model based on the circular economy; that is, it develops alternatives to petroleum-based products for sustainability purposes.



Analysts are surprisingly optimistic about the company&rsquo;s prospects. For the fiscal year 2023, they anticipate that sales will land at $17.28 million, up substantially from the $1.18 million posted in 2022. Further, at the conclusion of 2024, the top line could hit $19.8 million. If so, that would be a 14.6% increase from 2023&rsquo;s projected revenue.



Finally, the Street&rsquo;s experts rate shares a <a href="https://www.tipranks.com/stocks/gevo/forecast">consensus moderate buy</a> with a $7.50 price target. That comes out to almost 846% upside potential.



On <a href="https://investorplace.com/stock-types/penny-stocks/">Penny Stocks</a> and Low-Volume Stocks:&#8239;With only the rarest exceptions,&nbsp;InvestorPlace&nbsp;does not publish commentary about companies that have a market cap of less than $100 million or trade less than 100,000 shares each day. That&rsquo;s because these &ldquo;penny stocks&rdquo; are frequently the playground for scam artists and market manipulators. If we ever do publish commentary on a low-volume stock that may be affected by our commentary, we demand that&#8239;InvestorPlace.com&rsquo;s&nbsp;writers disclose this fact and warn readers of the risks.



Read More:&#8239;<a href="https://investorplace.com/2014/05/fraud-penny-stocks-scams/" target="_blank">Penny Stocks &mdash;&nbsp;How to Profit Without Getting Scammed</a>



On the date of publication, Josh Enomoto did not have (either directly or indirectly) any positions in the securities mentioned in this article.&nbsp;The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com&nbsp;<a href="https://investorplace.com/corporate/investorplace-publishing-guidelines/" target="_blank">Publishing Guidelines</a>.
<div>A former senior business analyst for Sony Electronics, Josh Enomoto has helped broker major contracts with Fortune Global 500 companies. Over the past several years, he has delivered unique, critical insights for the investment markets, as well as various other industries including legal, construction management, and healthcare. Tweet him at @EnomotoMedia.</div><h3>More From InvestorPlace</h3>
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The post <a href="https://investorplace.com/2024/03/7-of-the-best-speculative-stocks-you-can-snag-for-less-than-1/">7 of the Best Speculative Stocks You Can Snag for Less Than $1</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

7 of the Best Speculative Stocks You Can Snag for Less Than $1

The latest update is out from Emcore Corp (EMKR). At EMCORE Corporation's 2024 Annual Meeting, shareholders approved several key proposals, includi...

Emcore Corp Shareholders Back Strategic Company Changes

AFMD

CENTA

EVTL

GEVO

HKIT

MEGL

NVDA

ONDS

OTLK

PRCH

PWFL

SLNA

SYRA

Contracts

Press Releases

General

EMCORE Corporation Adopts Tax Benefits Preservation Plan to Protect Tax Assets

EMCORE Advances Photonic Integrated Chip (PIC) Technology Integrating PIC Into All Open-Loop Fiber Optic Gyro (FOG)-based Products

EMCORE Completes Sale of Non-Strategic Product Lines to Photonics Foundries, Inc.

EMCORE to Supply Kratos with Quartz MEMS IMUs for Multiple Unmanned Aerial Defense Programs Including the XQ-58 Valkyrie

EMCORE Corporation to Host Fiscal 2023 Fourth Quarter Conference Call on December 12, 2023

EMCORE Reports Fiscal 2023 Fourth Quarter Results

Management

EMCORE Corporation Enters Into Cooperation Agreement with Bradley L. Radoff