12 Consumer Discretionary Stocks Moving In Wednesday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
During Wednesday's pre-market session, several consumer discretionary stocks saw significant movement. EBET, LRN, XPOF, CAVA, CLEU, and MOND were among the gainers, with increases ranging from 8.22% to 71.8%. On the other hand, HLLY, FXLV, ARHS, ECX, GNS, and NIO were among the losers, with decreases ranging from 5.41% to 11.6%. Several companies had recently released their Q2 earnings.
August 16, 2023 | 1:06 pm
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NEGATIVE IMPACT
Holley stock fell 11.6% to $6.48 during Wednesday's pre-market session. The market value of their outstanding shares is at $759.7 million. Q2 earnings were released 4 days ago.
The drop in Holley's stock price may be a negative reaction to the company's Q2 earnings released 4 days ago, which could have disappointed investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
NIO shares fell 5.41% to $11.19. The market value of their outstanding shares is at $19.9 billion.
The decrease in NIO's stock price indicates negative investor sentiment, potentially due to recent company developments or market trends.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
EBET stock increased by 71.8% to $0.07 during Wednesday's pre-market session. The market value of their outstanding shares is at $9.3 million.
The significant increase in EBET's stock price indicates positive investor sentiment, potentially due to recent company developments or market trends.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Stride shares moved upwards by 9.68% to $42.0. The market value of their outstanding shares is at $1.8 billion. Q4 earnings were released yesterday.
The rise in Stride's stock price may be a reaction to the company's recently released Q4 earnings, which could have exceeded investor expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100