12 Industrials Stocks Moving In Tuesday's Intraday Session
Portfolio Pulse from Benzinga Insights
During Tuesday's intraday session, several industrial stocks experienced significant movements. Optex Systems Holdings (OPXS) saw an 18.2% increase, while Northann (NCL) dropped by 82.8%. Other notable gainers included Applied UV (AUVI), View (VIEW), TPI Composites (TPIC), Desktop Metal (DM), and Mesa Air Group (MESA). On the losing side, Shengfeng Development (SFWL), Micromobility com (MCOM), Erayak Power Solution Group (RAYA), Simpple (SPPL), and Primech Holdings (PMEC) saw their stock prices fall.

December 19, 2023 | 5:32 pm
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POSITIVE IMPACT
Applied UV stock increased by 15.16% to $1.74.
The double-digit percentage increase suggests a positive market reaction that could persist in the short term.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Desktop Metal's stock price increased by 12.95% to $0.75, with a market cap of $243.4 million.
The notable increase in Desktop Metal's stock price could suggest a bullish trend that may continue in the short term.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Mesa Air Group's stock rose 11.91% to $0.94, with a market cap of $38.3 million following their Q4 earnings release three days ago.
The recent Q4 earnings could be driving the positive sentiment, suggesting potential for continued short-term growth.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 85
POSITIVE IMPACT
Optex Systems Holdings shares rose by 18.2% with a market cap of $32.8 million.
The significant rise in stock price indicates positive investor sentiment, which could lead to a short-term continuation of this upward trend.
CONFIDENCE 80
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
TPI Composites stock advanced by 13.34% to $3.52, with a market value of $163.8 million.
The stock's upward movement could be indicative of underlying strength, potentially leading to more short-term upside.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
View's stock price rose by 15.0%, with a market cap of $15.9 million.
A 15% increase is a strong intraday movement, which may attract more attention and could lead to further short-term gains.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Northann stock plummeted by 82.8% to $2.68, with a market value of $57.2 million.
Such a drastic drop is typically indicative of negative sentiment or events, which could lead to further declines in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 95