12 Industrials Stocks Moving In Friday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
In Friday's pre-market session, several industrial stocks showed significant movement. Getaround (GETR) saw a substantial increase of 135.8% after Q3 earnings release. Xometry (XMTR) and Rocket Lab USA (RKLB) also experienced notable gains. Conversely, Eos Energy Enterprises (EOSE) and Quanex Building Prods (NX) dropped after their earnings reports, alongside other decliners like Baiyu Holdings (BYU) and Westwater Resources (WWR).
December 15, 2023 | 1:08 pm
News sentiment analysis
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NEGATIVE IMPACT
Eos Energy Enterprises stock declined by 23.8% to $1.28, with a market cap of $202.3 million, possibly due to disappointing earnings.
The sharp decline in EOSE's stock price following their earnings report suggests a negative short-term impact due to investor dissatisfaction with the results.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100
NEGATIVE IMPACT
Quanex Building Prods stock fell 8.45% to $31.77, with a market cap of $1.0 billion, after their Q4 earnings release.
The drop in NX's stock price after the Q4 earnings announcement indicates a negative short-term impact, likely due to earnings not meeting market expectations.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Getaround's stock soared by 135.8% in pre-market trading following their Q3 earnings release, with a market cap of $36.1 million.
The significant pre-market surge in GETR's stock price is directly related to the positive reception of their Q3 earnings report, indicating a strong short-term bullish impact.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Rocket Lab USA shares increased by 17.21% to $6.06, with a market cap of $2.9 billion, reflecting a positive market reaction.
The pre-market gain for RKLB indicates investor optimism, which could lead to a short-term positive trend in the stock price.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Xometry's stock increased by 28.53% to $37.43 with a market cap of $1.7 billion, indicating positive investor sentiment.
Xometry's notable stock rise suggests investor confidence, likely contributing to a positive short-term outlook for the stock.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90