12 Industrials Stocks Moving In Thursday's After-Market Session
Portfolio Pulse from Benzinga Insights
In Thursday's after-market session, several industrial stocks saw significant movement. Getaround (GETR) and Mesa Air Gr (MESA) reported their Q3 and Q4 earnings, respectively, leading to a sharp rise in their share prices. Other gainers included Markforged Holding (MKFG), Caesarstone (CSTE), Knightscope (KSCP), and Hydrofarm Holdings Group (HYFM). On the losing side, Eos Energy Enterprises (EOSE) saw a significant drop, along with Fusion Fuel Green (HTOO), Greenwave Tech Solns (GWAV), Ocean Power Techs (OPTT), Nxu (NXU), and ESS Tech (GWH).
December 14, 2023 | 9:31 pm
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POSITIVE IMPACT
Getaround's stock soared by 61.3% after reporting Q3 earnings, indicating a positive market reaction to the financial results.
The substantial increase in GETR's stock price is directly related to the release of their Q3 earnings report, which the market has reacted to positively.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Mesa Air Gr's shares rose by 4.89% after the company released its Q4 earnings report, reflecting investor optimism.
MESA's share price increase is a direct consequence of its Q4 earnings release, which seems to have been received well by investors.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100
NEGATIVE IMPACT
Eos Energy Enterprises' stock fell by 21.3%, but the article does not specify a reason for the decline.
While EOSE experienced a significant drop, the article does not provide details on the cause, making it difficult to assess the impact accurately.
CONFIDENCE 60
IMPORTANCE 70
RELEVANCE 50
NEGATIVE IMPACT
Ocean Power Techs' stock decreased by 4.47% following the release of their Q2 earnings the previous day.
OPTT's stock price decline is likely a result of its Q2 earnings report, suggesting the market may have had a negative reaction to the financial results.
CONFIDENCE 80
IMPORTANCE 80
RELEVANCE 90