12 Industrials Stocks Moving In Tuesday's After-Market Session
Portfolio Pulse from Benzinga Insights
In Tuesday's after-market session, several industrial stocks saw significant movement. Applied UV, Shimmick, FTC Solar, Northann, Astra Space, and Micromobility com were gainers, with Applied UV leading at a 17.5% increase. On the losing side, Steelcase, FedEx, H&E Equipment Services, iSun, Erayak Power Solution Group, and Professional Diversity Network saw declines, with Steelcase dropping 10.2% after Q3 earnings. FedEx also reported Q2 earnings, contributing to a 7.63% decline.
December 19, 2023 | 9:31 pm
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POSITIVE IMPACT
Applied UV stock rose 17.5% to $2.15, with a market cap of $1.1 million.
The significant after-market gain suggests positive investor sentiment, which could lead to a short-term uptrend.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
POSITIVE IMPACT
Shimmick stock increased 8.3% to $6.85 after Q3 earnings were released.
The post-earnings increase indicates a positive reception to the Q3 results, potentially leading to short-term price appreciation.
CONFIDENCE 80
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
FedEx stock decreased by 7.63% to $258.65 after the Q2 earnings report.
The drop after the Q2 earnings announcement could indicate investor disappointment, potentially leading to a short-term negative trend.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 90
NEGATIVE IMPACT
Steelcase shares fell 10.2% to $11.4 following the release of Q3 earnings.
The decline after Q3 earnings suggests a negative market reaction, which could lead to further short-term downside.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 90