12 Industrials Stocks Moving In Thursday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
In Thursday's pre-market session, several industrial stocks showed significant movement. Kennametal (KMT) and JanOne (JAN) were among the gainers, with KMT rising 14.4% and JAN up 13.93%. Eos Energy Enterprises (EOSE), Hyliion Holdings (HYLN), Broadwind (BWEN), and Bitcoin Depot (BTM) also saw gains. On the losing side, Velo3D (VLD) dropped 17.0%, while Applied UV (AUVIP), Plug Power (PLUG), Icahn Enterprises (IEP), Gaucho Group Holdings (VINO), and Primech Holdings (PMEC) experienced declines.
November 16, 2023 | 1:06 pm
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NEGATIVE IMPACT
Applied UV stock declined by 8.34% to $2.2.
AUVIP's pre-market decline may suggest investor uncertainty or a negative reaction to recent company or market news, potentially affecting the stock negatively in the short term.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Icahn Enterprises shares decreased by 6.44% to $18.31, with a market cap of $7.5 billion.
IEP's pre-market drop may reflect investor worries or negative news, suggesting a possible short-term decline in stock price.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Plug Power shares decreased by 7.59% to $4.02, with a market cap of $2.4 billion.
The pre-market decline in PLUG's stock price could be due to market sentiment or specific company challenges, likely leading to a short-term negative impact.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
Primech Holdings shares fell 4.91% to $3.68, with a market cap of $130.8 million.
The pre-market fall in PMEC's stock price suggests potential investor concern, which may result in a short-term negative price movement.
CONFIDENCE 65
IMPORTANCE 50
RELEVANCE 70
NEGATIVE IMPACT
Gaucho Group Holdings stock decreased by 5.62% to $0.71, with a market cap of $1.6 million.
VINO's pre-market decline could indicate a lack of investor confidence or negative market trends, potentially leading to a short-term decrease in its stock price.
CONFIDENCE 65
IMPORTANCE 50
RELEVANCE 70
NEGATIVE IMPACT
Velo3D's stock fell 17.0% to $1.17, with a market cap of $234.3 million.
The significant pre-market drop in VLD's stock price indicates negative investor sentiment, which could lead to a short-term downward trend.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 95
POSITIVE IMPACT
Bitcoin Depot shares increased by 6.52% to $2.45, with a market cap of $32.3 million. The company also recently reported Q3 earnings.
BTM's pre-market increase post-Q3 earnings may reflect investor optimism, potentially leading to a short-term positive price movement.
CONFIDENCE 75
IMPORTANCE 65
RELEVANCE 85
POSITIVE IMPACT
Broadwind's stock went up by 7.46% to $2.59, with a market cap of $55.4 million. The company recently reported Q3 earnings.
The increase in BWEN's stock price following its Q3 earnings report could indicate positive reception of the financial results, suggesting a short-term bullish trend.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 85
POSITIVE IMPACT
Eos Energy Enterprises shares rose by 9.16% to $1.31, with a market cap of $207.0 million.
The pre-market gain for EOSE may indicate a positive short-term outlook, potentially due to recent company developments or sector trends.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
Hyliion Holdings' stock increased by 7.67% to $0.66, with a market cap of $121.3 million.
HYLN's pre-market rise could suggest investor confidence, potentially leading to a short-term positive impact on the stock price.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
JanOne's stock increased by 13.93% to $0.45, with a market cap of $1.8 million.
JanOne's notable pre-market increase could attract investor attention, potentially leading to further short-term gains.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
POSITIVE IMPACT
Kennametal's stock rose 14.4% in pre-market trading, with a market cap of $2.2 billion.
The significant pre-market rise in KMT's stock price suggests positive investor sentiment, which could lead to a short-term upward trend in the stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90