Multiple IT stocks experienced varied price movements during Friday's after-market trading session, with some companies seeing gains while others experienced declines, primarily influenced by recent earnings reports and market dynamics.

Three small-cap stocks, Argan, Lightwave Logic, and Lexicon Pharmaceuticals, posted significant gains last week despite broader market uncertainty, with Lexicon surging 58% on a licensing deal with Novo Nordisk.

Lightwave Logic, a technology platform company, provided a corporate update highlighting its participation in the 2024 European Conference on Optical Communications, where it received an industry innovation award and showcased its collaboration with Polariton Technologies. The company also appointed two new board members and discussed its commercialization efforts and future growth plans.

U.S. stocks traded mixed midway through trading, with the Dow Jones dropping over 100 points on Tuesday. The Dow traded down 0.39% to 32,963.28 while the NASDAQ rose 0.73% to 13,070.56. The S&P 500, also rose, gaining, 0.17% to 4,212.41. Check This Out: Marvell, Seagate And 2 Other Stocks Insiders Are Selling   Leading and Lagging Sectors Information technology shares rose by 1.4% on Tuesday. Meanwhile, top gainers in the sector included Lightwave Logic, Inc. (NASDAQ: LWLG), up 30%, and C3.ai, Inc. (NYSE: AI), up 18%. In trading on Tuesday, energy shares fell 1.6%.   Top Headline The Dallas’ Fed manufacturing index fell by 5.7 points from the prior month to a reading of -29.1 in May.   Equities Trading UP Arlington Asset Investment Corp. (NASDAQ: AAIC) shares shot up 49% to $4.11 after Ellington Financial announced plans to acquire the company. Shares of Aclarion, Inc. (NASDAQ: ACON) got a boost, shooting 62% to $0.9964 after the company announced a commercial agreement with the London Clinic and London Spine Clinic. T2 Biosystems, Inc. (NASDAQ: TTOO) shares were also up, gaining 82% to $0.1721 after the company announced the ...

Gainers Beamr Imaging Ltd. (NASDAQ: BMR) shares climbed 211.6% to $6.86 after NVIDIA announced the release of NVENC Video Codec SDK 12.1 showcasing the integration with Beamr CABR. Wearable Devices Ltd. (NASDAQ: WLDS) gained 182% to $1.23 after the company announced its Mudra Band for Apple Watch is available for preorder. Nano Labs Ltd (NASDAQ: NA) shares jumped 77.9% to $2.49. Kubient, Inc. (NASDAQ: KBNT) shares surged 64.8% to $0.80. Kubient and Adomni reported a definitive merger agreement. Team, Inc. (NYSE: TISI) climbed 30.2% to $5.69. Wireless Telecom Group, Inc. (NYSE: WTT) gained 30.2% to $2.07. Wireless Telecom Group announced sale of the company to Maury Microwave, Inc. Jupiter Wellness Acquisition Corp. (NASDAQ: JWAC) rose 27% to $5.82. NVIDIA Corporation (NASDAQ: NVDA) shares gained 22.9% to $375.17 after the company reported better-than-expected results for its first quarter and issued strong sales forecast for the current quarter. Lightwave Logic, Inc. (NASDAQ: LWLG) rose 22.7% to $6.37 after the company announced it began commercialization of its electro-optic polymer materials. CorEnergy Infrastructure Trust, Inc. (NYSE: CORR) gained 20.6% to $1.2308. Spire said it has entered into an agreement to acquire MoGas Pipeline and Omega Pipeline from CorEnergy Infrastructure Trust for $175 million. Modine Manufacturing Company (NYSE: MOD) gained 19.9% to $23.66 following strong quarterly results. Super Micro Computer, Inc. (NASDAQ: SMCI) shares climbed 19.8% to $200.72 in sympathy with NVIDIA after the company reported strong Q1 results and guidance. Zuora, Inc. (NYSE: ZUO) climbed 19.3% to $10.15 following quarterly results. Infobird Co., Ltd (NASDAQ: IFBD) shares gained 17.1% to $1.30 after dropping around 10% on Wednesday. Infobird recently announced a 1-for-5 share consolidation. Vertiv Holdings Co (NYSE: VRT) surged 16.7% to $18.95. DISH Network Corporation (NASDAQ: DISH) gained 15.5% to $7.20. Dish Network is in talks to sell wireless plans through Amazon, Reuters reported. American Woodmark Corporation (NASDAQ: AMWD) gained 15.5% to $62.34 following strong quarterly results. GSI Technology, Inc. (NASDAQ: GSIT) rose 15% to $5.93. Nutanix, Inc. (NASDAQ: NTNX) ...

U.S. stocks traded mostly higher, with the Nasdaq Composite gaining over 1% on Thursday. Here are some big stocks recording gains in today’s session. NVIDIA Corporation (NASDAQ: NVDA) shares climbed 22.9% to $375.17 after the company reported better-than-expected results for its first quarter and issued strong sales forecast for the current quarter. Lightwave Logic, Inc. (NASDAQ: LWLG) jumped 22.7% to $6.37 after the company announced it began commercialization of its electro-optic polymer materials. Modine Manufacturing Company (NYSE: MOD) climbed 19.9% to $23.66 following strong quarterly results. Super Micro Computer, Inc. (NASDAQ: SMCI) shares gained 19.8% to $200.72 in sympathy with NVIDIA after the company reported strong Q1 results and guidance. Zuora, Inc. (NYSE: ZUO) rose 19.3% to $10.15 following quarterly results. Vertiv Holdings Co (NYSE: VRT) gained 16.7% to $18.95. DISH Network Corporation (NASDAQ: DISH) climbed 15.5% ...

U.S. stocks traded mixed this morning, with the Nasdaq Composite gaining over 1% on Thursday. Following the market opening Thursday, the Dow traded down 0.34% to 32,687.15 while the NASDAQ rose 1.36% to 12,653.95. The S&P 500, also rose, gaining, 0.49% to 4,135.24. Check This Out: Top 4 Energy Stocks That Could Blast Off This Quarter   Leading and Lagging Sectors Information technology shares rose by 2.8% on Thursday. Meanwhile, top gainers in the sector included Super Micro Computer, Inc. (NASDAQ: SMCI), up 24%, and Lightwave Logic, Inc. (NASDAQ: LWLG), up 20%. In trading on Thursday, energy shares fell 2.3%.   Top Headline The US GDP grew by an annualized 1.3% on quarter in the first quarter, higher than market estimates of 1.1%.   Equities Trading UP Beamr Imaging Ltd. (NASDAQ: BMR) shares shot up 214% to $6.91 after NVIDIA announced the release of NVENC Video Codec SDK 12.1 showcasing the integration with Beamr CABR. Shares of NVIDIA Corporation (NASDAQ: NVDA) got a boost, shooting 23% to $375.66 after the company reported better-than-expected first-quarter results and issued strong guidance. Super Micro Computer, Inc. (NASDAQ: SMCI) shares were also up, gaining 24% to $207.79 ...

The most oversold stocks in the materials sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock's strength on days when prices go up to its strength on days when prices go down. When compared to a stock's price action, it can give traders a better sense of how a stock may perform in the short term. An asset is typically considered oversold when the RSI is below 30. Here’s the latest list of major oversold players in this sector, having an RSI near or below 30. Albemarle Corporation (NYSE: ALB) Albemarle recently announced a $180 million investment in North Carolina Technology Park for advanced lithium technology. The ...

U.S. stocks traded lower, with the Dow Jones dropping around 40 points on Wednesday. Here are some big stocks recording gains in today’s session. Gorilla Technology Group Inc. (NASDAQ: GRRR) shares jumped 51% to $6.80 after the company announced it is entering the MENA region with a security convergence offering in a multi-year, multi-million dollar deal. Pagaya ...

Gainers Core Scientific, Inc. (NASDAQ: CORZ) shares jumped 188% to $0.1471. Core Scientific shares dipped 75% on Wednesday after the company filed for Chapter 11 bankruptcy. IsoPlexis Corporation (NASDAQ: ISO) rose 82.4% to $1.2598. Berkeley Lights announced plans to acquire IsoPlexis in all-stock transaction at $57.8 million. AMC Entertainment Holdings, Inc. (NYSE: APE) gained 77% to $1.21. AMC Entertainment Holdings Inc (NYSE: AMC) announced an equity capital raise and a debt for equity exchange. The company also proposed a vote to convert AMC Preferred Equity Units into common shares and enact a reverse stock split. ORIC Pharmaceuticals, Inc. (NASDAQ: ORIC) climbed 69% to $5.05 after the company announced it has entered into a clinical development collaboration for a potential Phase 2 study of ORIC-533 in multiple myeloma with Pfizer and agreed to sell about 5.38 million of its common shares at a price of $4.65 per share to Pfizer for proceeds of approximately $25 million. ProQR Therapeutics N.V. (NASDAQ: PRQR) shares jumped 61% to $2.6400 after the company, along with Eli Lilly, announced the expansion of their licensing and collaboration agreement of new genetic medicines. ProQR will receive an upfront payment of $75 million, plus an equity investment. E-Home Household Service Holdings Limited (NASDAQ: EJH) gained 27.8% to $0.90. Scopus BioPharma Inc. (NASDAQ: SCPS) climbed 25% to $0.10. Alvotech (NASDAQ: ALVO) gained 25.8% to $10.44 after the company issued an update on U.S. regulatory status of AVT02, the company’s proposed high-concentration, interchangeable biosimilar to Humira. Rekor Systems, Inc. (NASDAQ: REKR) gained 23.3% to $1.1482. Edesa Biotech, Inc. (NASDAQ: EDSA) jumped 20.4% to $1.65. Edesa Biotech recently received Fast Track designation from the FDA for its monoclonal antibody candidate, EB05. Polished.com Inc. (NYSE: POL) surged 19.3% to $0.68 after the company announced internal investigation results, corporate updates and the board of directors' remedial actions. China Index Holdings Limited (NASDAQ: CIH) jumped 17.5% to $0.8930. China Index Holdings entered into definitive agreement for going-private transaction. Optical Cable Corporation (NASDAQ: OCC) jumped 16.3% to $4.1527 after the company reported Q4 sales results were higher ...

On CNBC’s "Mad Money Lightning Round," Jim Cramer said Oshkosh Corporation (NYSE: OSK) is a "slow grower. Could be real interesting, though." When asked about International Business Machines Corp (NYSE: IBM), he said, "I think you can actually pick some up tomorrow." Don’t forget to check out our ...

The market was clearly unimpressed by the company's latest deal.