11 Consumer Staples Stocks Moving In Thursday's Intraday Session
Portfolio Pulse from Benzinga Insights
In Thursday's intraday session, several consumer staples stocks experienced significant movements. Safety Shot (SHOT) saw a 21.5% increase, while Oatly Group (OTLY) rose by 18.61%. Zivo Bioscience (ZIVO) increased by 16.42% following its Q3 earnings report 3 days ago. Chanson International (CHSN) and Webuy Global (WBUY) also saw gains of 15.72% and 15.36%, respectively. Paranovus Enter (PAVS) stock went up by 11.91%. On the losing side, Sadot Group (SDOT) dropped by 14.6% after its Q3 earnings 2 days ago, Ispire Technology (ISPR) fell by 13.11% post Q1 earnings, 22nd Century Group (XXII) declined by 11.24%, Benson Hill (BHIL) decreased by 10.35%, and Bit Brother (BETS) fell by 9.64%.
November 16, 2023 | 5:31 pm
News sentiment analysis
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NEGATIVE IMPACT
Bit Brother stock fell 9.64%, with high trading volume indicating potential further short-term downside.
The significant drop and high trading volume could reflect strong negative sentiment, possibly leading to more short-term declines.
CONFIDENCE 70
IMPORTANCE 70
RELEVANCE 75
NEGATIVE IMPACT
Ispire Technology decreased by 13.11% following Q1 earnings, potentially leading to further short-term downside.
The post-earnings drop indicates a negative investor response, which may result in continued short-term bearishness.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 85
NEGATIVE IMPACT
Sadot Group's stock fell 14.6% post-Q3 earnings, which could continue to negatively impact the stock in the short term.
The decline following the Q3 earnings suggests a negative market reaction that may extend into the short term.
CONFIDENCE 75
IMPORTANCE 85
RELEVANCE 80
NEUTRAL IMPACT
Benson Hill's stock decreased by 10.35%, and with moderate trading volume, the short-term impact is uncertain.
The decrease in stock price accompanied by moderate volume suggests an unclear short-term impact.
CONFIDENCE 60
IMPORTANCE 60
RELEVANCE 65
NEUTRAL IMPACT
Chanson International's stock moved upwards by 15.72%, but with lower trading volume, the short-term impact may be less predictable.
While the stock has risen, the relatively low trading volume compared to other movers suggests a less certain short-term impact.
CONFIDENCE 65
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
Paranovus Enter stock increased by 11.91%, but with a smaller market cap, the short-term impact may be volatile.
The stock's gain is notable, but the small market cap could lead to higher volatility in the short term.
CONFIDENCE 60
IMPORTANCE 55
RELEVANCE 65
NEUTRAL IMPACT
22nd Century Group shares declined by 11.24%, with trading volume near its average, suggesting a neutral short-term impact.
The stock's decline is significant, but the average trading volume indicates that the short-term impact may not be strongly negative.
CONFIDENCE 65
IMPORTANCE 65
RELEVANCE 70
POSITIVE IMPACT
Oatly Group's stock rose by 18.61% with trading volume exceeding its average, potentially maintaining upward momentum in the short term.
The significant price increase and higher than average trading volume may attract more investors, supporting a short-term positive trend.
CONFIDENCE 70
IMPORTANCE 75
RELEVANCE 85
POSITIVE IMPACT
Safety Shot stock surged 21.5% with a high trading volume, indicating strong investor interest which may continue in the short term.
The substantial increase in stock price and trading volume suggests positive investor sentiment, which could lead to continued short-term gains.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Webuy Global shares rose 15.36%, indicating positive investor sentiment that may have a favorable short-term impact.
The stock's increase and moderate trading volume suggest a positive outlook, potentially leading to further short-term appreciation.
CONFIDENCE 70
IMPORTANCE 70
RELEVANCE 75
POSITIVE IMPACT
Zivo Bioscience's shares increased by 16.42% possibly due to its recent Q3 earnings report, which may influence short-term performance.
The earnings report is a significant event that could explain the stock's movement and may continue to affect its short-term trajectory.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 80