After-Market: A Dynamic Landscape for IT Stocks
Significant Increases in Valuation for Select Tech Companies
On Friday's after-market session, several information technology stocks demonstrated notable upward trends. XIAO-I's stock saw an 8.8% increase, bringing its market capitalization to $3.1 million. Mawson Infrastructure Group experienced a 6.08% rise, with its market value reaching $3.6 million. CXApp's stock climbed by 4.58%, resulting in a market value of $6.9 million. Republic Power Group's shares appreciated by 4.52%, pushing its market value to $12.7 million. Trident Digital Tech's stock increased by 4.34%, placing its market value at $26.3 million. Lastly, Veea's stock rose by 2.76%, making its market value $21.6 million.
Declines Observed Among Other Technology Firms
Conversely, some information technology stocks recorded downward movements during the same after-market period. Chaince Digital Holdings' stock saw a decrease of 11.9%, with its market value adjusting to $294.1 million. X3 Holdings' stock declined by 5.85%, bringing its market value to $1.5 million. Lianhe Sowell International Group's stock fell by 5.5%, reducing its market value to $9.4 million. Hub Cyber Security's stock decreased by 4.73%, settling its market capitalization at $2.5 million. Brand Engagement Network's stock dropped by 4.21%, with its market capitalization at $152.9 million. Finally, Lightwave Logic's shares saw a 3.63% decline, placing its market capitalization at $651.5 million.