12 Consumer Staples Stocks Moving In Tuesday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
During Tuesday's pre-market session, several consumer staples stocks experienced significant movement. Flora Growth, Shineco, Davis Commodities, Smart for Life, Splash Beverage Group, and Sadot Group saw gains, while Eastside Distilling, Upexi, Better Choice Co, Bruush Oral Care, Rite Aid, and McCormick & Co experienced losses. Q4 earnings for Upexi and Q3 earnings for McCormick & Co were recently released.
October 03, 2023 | 1:06 pm
News sentiment analysis
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NEGATIVE IMPACT
McCormick & Co shares decreased by 4.65% to $71.25. The market value of their outstanding shares is at $19.1 billion. The company's Q3 earnings came out today.
The decrease in McCormick & Co's share price following the release of their Q3 earnings suggests that the results may not have met investor expectations, potentially leading to further short-term losses.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Flora Growth shares rose 10.1% to $1.2 during Tuesday's pre-market session. The market value of their outstanding shares is at $9.8 million.
The increase in Flora Growth's share price indicates positive investor sentiment, which could lead to further short-term gains.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100