Farfetch, Catalent And Other Big Stocks Moving Higher In Friday's Pre-Market Session
Portfolio Pulse from Lisa Levin
Several stocks recorded gains in today's pre-market trading session, including SunCar Technology Group, Farfetch Limited, Bloom Energy Corporation, UP Fintech Holding Limited, The Gap, Catalent Inc, Coty Inc, and Grab Holdings Limited.
May 19, 2023 | 10:47 am
News sentiment analysis
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POSITIVE IMPACT
Bloom Energy Corporation shares gained 6% to $14.47 in pre-market trading. The company is scheduled to host an Investor Conference at the New York Stock Exchange on May 23, 2023.
Bloom Energy Corporation's stock price is likely to go up in the short term due to the positive pre-market movement and the upcoming Investor Conference.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Coty Inc. shares rose 3.8% to $11.77 in pre-market trading.
Coty Inc.'s stock price is likely to go up in the short term due to the positive pre-market movement.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100
POSITIVE IMPACT
Catalent Inc shares gained 3.9% to $33.40 in pre-market trading ahead of quarterly earnings.
Catalent Inc's stock price is likely to go up in the short term due to the positive pre-market movement ahead of the company's quarterly earnings.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Farfetch Limited shares rose 21.4% to $5.27 in pre-market trading after the company reported better-than-expected Q1 results.
Farfetch Limited's stock price is likely to go up in the short term due to the positive pre-market movement following better-than-expected Q1 results.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
The Gap shares rose 4.1% to $8.44 in pre-market trading after gaining over 4% on Thursday. The company is projected to report its first quarter fiscal 2023 financial results on May 25, 2023.
The Gap's stock price is likely to go up in the short term due to the positive pre-market movement and the upcoming Q1 fiscal 2023 financial results.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Grab Holdings Limited shares gained 3.1% to $2.83 in pre-market trading. The company's shares dropped around 15% on Thursday after reporting a decline in first-quarter deliveries.
Grab Holdings Limited's stock price is likely to go up in the short term due to the positive pre-market movement following a 15% drop on Thursday and the reported decline in first-quarter deliveries.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
SunCar Technology Group shares climbed 43.9% to $5.90 in pre-market trading after dropping 33% on Thursday.
SunCar Technology Group's stock price is likely to go up in the short term due to the significant pre-market gain following a 33% drop on Thursday.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
UP Fintech Holding Limited shares climbed 5.2% to $2.45 in pre-market trading after dropping 11% on Thursday. The company is expected to report its financial results for the first quarter on May 30, 2023.
UP Fintech Holding Limited's stock price is likely to go up in the short term due to the positive pre-market movement following an 11% drop on Thursday and the upcoming Q1 financial results.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100