12 Consumer Discretionary Stocks Moving In Monday's Intraday Session
Portfolio Pulse from Benzinga Insights
In Monday's intraday session, several consumer discretionary stocks experienced significant movements. Yoshiharu Global (YOSH) saw a 22.9% increase, Canoo (GOEV) rose 21.12%, and Cazoo Gr (CZOO) went up by 19.92%, all following their Q3 earnings reports released 4 days ago. Purple Innovation (PRPL) increased by 16.27%, Cheetah Net Supply Chain (CTNT) by 14.53%, and Solo Brands (DTC) by 13.33%. On the downside, Zapp Electric Vehicles (ZAPP) dropped 31.7%, Allurion Technologies (ALUR) by 10.81%, Greenlane Hldgs (GNLN) by 10.5%, MGO Global (MGOL) by 10.01%, Newegg Commerce (NEGG) by 9.99%, and Jianzhi Education Tech (JZ) by 8.73%.
November 20, 2023 | 5:31 pm
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NEGATIVE IMPACT
Allurion Technologies' stock fell 10.81% to $3.8, with trading volume at 51.1% of its 100-day average.
The stock's decline with lower than average trading volume suggests a negative short-term impact, but not as severe as with higher volume.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Greenlane Hldgs' stock decreased by 10.5% to $0.52.
The decrease in stock price suggests a negative short-term impact, though the lack of volume data makes the extent unclear.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 60
NEGATIVE IMPACT
Jianzhi Education Tech's stock decreased by 8.73% to $0.67.
The stock's decline indicates a negative short-term impact, but the lack of volume data provides less clarity on the market's reaction.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 60
NEGATIVE IMPACT
MGO Global's stock decreased by 10.01% to $0.49, with trading volume at 92.4% of its 100-day average after the Q3 earnings report.
The stock's decline following the Q3 earnings report, with trading volume close to the average, suggests a negative short-term impact.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Newegg Commerce's shares decreased by 9.99% to $0.9, with trading volume at 200.0% of its 100-day average.
The significant drop in stock price along with a surge in trading volume indicates a strong negative market sentiment, suggesting a short-term bearish trend.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Zapp Electric Vehicles' stock fell 31.7% to $0.27, with trading volume at 116.7% of its 100-day average.
The sharp decline in stock price accompanied by increased trading volume indicates a strong negative market reaction, suggesting a short-term downtrend.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Cheetah Net Supply Chain's stock moved upwards by 14.53% to $1.61.
The stock's upward movement indicates a positive but less significant short-term impact due to lack of volume data.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 60
POSITIVE IMPACT
Cazoo Gr's stock increased by 19.92% to $0.38, with trading volume at 70.4% of its 100-day average.
The stock's upward movement with moderate trading volume suggests a less pronounced but still positive short-term impact.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Solo Brands's shares moved upwards by 13.33% to $5.27, with trading volume at 229.1% of its 100-day average.
The significant increase in both stock price and trading volume suggests a strong short-term positive impact.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Canoo's stock rose 21.12% to $0.37, with current volume at 236.1% of its 100-day average after the Q3 earnings report.
The substantial rise in Canoo's stock price and trading volume indicates a strong investor response to the Q3 earnings, suggesting a positive short-term outlook.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Purple Innovation's stock rose 16.27% to $0.78, with trading volume at 88.8% of its 100-day average.
The stock's increase with trading volume close to its average suggests a moderate short-term positive impact.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Yoshiharu Global's stock increased by 22.9% to $0.43, with trading volume at 1065.8% of its 100-day average following its Q3 earnings report.
The significant increase in stock price and trading volume following the Q3 earnings report suggests a positive market reaction, likely leading to a short-term uptrend.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90