12 Industrials Stocks Moving In Wednesday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
In Wednesday's pre-market session, several industrial stocks showed significant movement. Earlyworks Co (ELWS) and Gaucho Group Holdings (VINO) were among the gainers, with ELWS rising 23.3% and VINO up 6.53%. Dragonfly Energy Hldgs (DFLI), Sidus Space (SIDU), Babcock & Wilcox (BW), and Falcons Beyond Global (FBYD) also saw gains. On the losing side, Emeren Group (SOL) and Deere (DE) experienced declines of 17.6% and 5.73%, respectively, following their earnings reports. Mesa Air Gr (MESA), Virgin Galactic Hldgs (SPCE), Safe & Green Holdings (SGBX), and C3is (CISS) also saw their stock prices drop.
November 22, 2023 | 1:06 pm
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POSITIVE IMPACT
Earlyworks Co shares surged 23.3% in pre-market trading with a market cap of $7.2 million.
The significant pre-market gain suggests positive investor sentiment, which could lead to continued short-term upward price movement.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
POSITIVE IMPACT
Gaucho Group Holdings stock increased by 6.53% to $0.67, with a market cap of $1.5 million following its Q3 earnings report.
The rise after the Q3 earnings report indicates a positive reception by the market, potentially leading to further short-term gains.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80
NEGATIVE IMPACT
Deere shares fell 5.73% to $360.75 with a market cap of $103.8 billion after the Q4 earnings report.
The decline post-Q4 earnings suggests the market may have had negative reactions to the report, which could pressure the stock in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
Virgin Galactic Hldgs shares decreased by 5.17% to $2.02, with a market cap of $807.4 million.
The pre-market decline indicates negative investor sentiment, which may continue to affect the stock price in the short term.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70