10 Industrials Stocks Moving In Monday's Intraday Session
Portfolio Pulse from Benzinga Insights
During Monday's intraday session, several industrial stocks experienced significant movements. Sunrise New Energy (EPOW) and Ideal Power (IPWR) were among the gainers, with shares rising 19.4% and 18.42%, respectively. KULR Tech Gr (KULR) and C3is (CISS) also saw their shares increase. Conversely, SunPower (SPWR) led the losers with a 35.8% drop, followed by declines in Sidus Space (SIDU), Simpple (SPPL), Shengfeng Development (SFWL), Freight Technologies (FRGT), and Sunworks (SUNW).
December 18, 2023 | 5:32 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Freight Technologies stock fell by 16.24% to $0.36, with a market cap of $3.9 million.
FRGT's decline in stock price may continue if the negative sentiment persists, suggesting a bearish outlook in the short term.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 70
NEGATIVE IMPACT
Shengfeng Development shares fell 18.65% to $8.07, with a market cap of $664.9 million.
SFWL's stock price decrease could be due to negative news or market trends, potentially leading to further short-term declines.
CONFIDENCE 75
IMPORTANCE 65
RELEVANCE 80
NEGATIVE IMPACT
Sidus Space stock dropped 26.54% to $0.04, with a market cap of $3.2 million.
SIDU's significant stock price drop could reflect negative sentiment or disappointing company developments, likely leading to further short-term downside.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Simpple shares declined by 19.39% to $7.61, with a market cap of $123.4 million.
The drop in SPPL's stock price suggests negative investor sentiment, which could result in continued bearishness in the short term.
CONFIDENCE 75
IMPORTANCE 65
RELEVANCE 80
NEGATIVE IMPACT
SunPower stock plummeted by 35.8% to $3.94, with a market cap of $690.2 million.
The steep decline in SPWR's stock price indicates a strong negative market sentiment, which could continue to pressure the stock in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100
NEGATIVE IMPACT
Sunworks stock decreased by 15.56% to $0.3, with a market cap of $17.2 million.
The decline in SUNW's stock price may be indicative of broader market trends or company-specific issues, potentially leading to more downside in the near future.
CONFIDENCE 70
IMPORTANCE 55
RELEVANCE 70
POSITIVE IMPACT
C3is stock rose by 9.86% to $0.52, with a market cap of $4.5 million.
The increase in CISS's stock price could be driven by short-term trading or speculative interest, which may lead to further gains in the near term.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 70
POSITIVE IMPACT
Sunrise New Energy shares surged 19.4% to $1.23, with a market cap of $31.1 million.
The significant intraday rise in EPOW's stock price suggests positive investor sentiment, which could lead to further short-term gains.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
POSITIVE IMPACT
Ideal Power stock climbed 18.42% to $9.19, with a market cap of $54.6 million.
The substantial increase in IPWR's stock price could attract more attention from investors, potentially leading to continued short-term upward momentum.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
POSITIVE IMPACT
KULR Tech Gr shares increased by 11.83% to $0.31, with a market cap of $39.6 million.
KULR's stock price rise may suggest a positive market reaction to company-specific news or broader sector movements, potentially leading to further short-term appreciation.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80