12 Industrials Stocks Moving In Tuesday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
In Tuesday's pre-market session, several industrial stocks showed significant movement. Symbotic (SYM) experienced a notable gain of 27.7% after their Q4 earnings release. Dycom Industries (DY) and Golden Ocean Group (GOGL) also saw their shares rise by 9.23% and 4.72% respectively, following their earnings reports. On the losing side, Turbo Energy (TURB), Gaucho Group Holdings (VINO), and Applied UV (AUVI) faced declines after their earnings were announced. Other stocks such as Desktop Metal (DM), Freight Technologies (FRGT), Gates Industrial Corp (GTES), SES AI (SES), Jacobs Solutions (J), and Nuvve Holding (NVVE) also experienced movements in their stock prices.
November 21, 2023 | 1:06 pm
News sentiment analysis
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NEGATIVE IMPACT
Applied UV's shares declined by 5.15% after their Q3 earnings were announced two days ago.
The negative movement in Applied UV's stock price could be a result of less favorable Q3 earnings, suggesting a bearish short-term impact.
CONFIDENCE 80
IMPORTANCE 65
RELEVANCE 100
NEGATIVE IMPACT
Turbo Energy's stock decreased by 11.1% during pre-market trading, potentially due to recent earnings results.
The decline in Turbo Energy's stock price suggests a negative market reaction to their earnings report, which could lead to short-term bearish sentiment.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
Gaucho Group Holdings' stock fell 6.26% following their Q3 earnings report released two days ago.
Gaucho Group Holdings' share price drop is likely due to investor disappointment with their Q3 earnings, indicating a negative short-term trend.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Dycom Industries' shares increased by 9.23% due to the release of their Q3 earnings report.
The rise in Dycom Industries' stock price is likely a result of investor confidence after the company's Q3 earnings report, suggesting a positive short-term outlook.
CONFIDENCE 85
IMPORTANCE 85
RELEVANCE 100
POSITIVE IMPACT
Golden Ocean Group's stock increased by 4.72% in response to their Q3 earnings report.
Golden Ocean Group's share price movement is attributed to the positive investor sentiment following their Q3 earnings, indicating potential short-term growth.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Symbotic's stock rose sharply by 27.7% in pre-market trading following the release of their Q4 earnings.
The significant pre-market gain for Symbotic is directly related to the positive reception of their Q4 earnings report, indicating strong short-term bullish sentiment.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100