PureCycle Technologies, Canadian Solar And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session
Portfolio Pulse from Lisa Levin
Several stocks are recording losses in Tuesday's pre-market trading session. PureCycle Technologies shares fell 11.7% after announcing a private offering of $200.0 million of green convertible senior notes. Emergent BioSolutions shares declined 8.2% as it will be replaced in the S&P SmallCap 600 by Advance Auto Parts. Waldencast shares fell 5.3% after a 29% jump on Monday. Gevo shares fell 3.4% after Northland Capital Markets initiated coverage with a Market Perform rating. Canadian Solar shares fell 2.9% following Q2 results. Denison Mines shares fell 2.1% after a 4% gain on Monday.
August 22, 2023 | 10:24 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Canadian Solar shares fell 2.9% following Q2 results.
Canadian Solar's stock price has fallen following the release of its Q2 results. This suggests that the market reaction to the company's financial performance was negative.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Denison Mines shares fell 2.1% after a 4% gain on Monday.
Denison Mines' stock price has fallen in the pre-market trading session, likely due to profit-taking after a gain in its stock price on Monday.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 100
NEGATIVE IMPACT
Emergent BioSolutions shares declined 8.2% as it will be replaced in the S&P SmallCap 600 by Advance Auto Parts.
Emergent BioSolutions' stock price has fallen due to the news of its replacement in the S&P SmallCap 600. This is a negative development for the company and has led to a decrease in its stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Gevo shares fell 3.4% after Northland Capital Markets initiated coverage with a Market Perform rating.
Gevo's stock price has fallen after Northland Capital Markets initiated coverage with a Market Perform rating. This suggests that the market had expected a more positive rating, leading to a decrease in the stock price.
CONFIDENCE 80
IMPORTANCE 65
RELEVANCE 100
NEGATIVE IMPACT
PureCycle Technologies shares fell 11.7% after announcing a private offering of $200.0 million of green convertible senior notes.
The announcement of a private offering of green convertible senior notes has led to a significant drop in the stock price of PureCycle Technologies. This indicates a negative market reaction to the news.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Waldencast shares fell 5.3% after a 29% jump on Monday.
Waldencast's stock price has fallen in the pre-market trading session, likely due to profit-taking after a significant jump in its stock price on Monday.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100