11 Consumer Staples Stocks Moving In Tuesday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
In Tuesday's pre-market session, several consumer staples stocks experienced significant movements. Better Choice Co (BTTR) led the gainers with a 14.6% increase, while Smart for Life (SMFL) saw the largest decline among the losers, dropping 14.7%. Other notable gainers include Maison Solutions (MSS), China Jo-Jo Drugstores (CJJD), Edible Garden AG (EDBL), Mangoceuticals (MGRX), and Shineco (SISI). On the losing side, Reborn Coffee (REBN), Paranovus Enter (PAVS), AgriFORCE Growing Systems (AGRI), and Alkaline Water Co (WTER) also saw their stock prices fall.
December 26, 2023 | 1:07 pm
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POSITIVE IMPACT
Better Choice Co (BTTR) stock increased by 14.6% to $0.31, with a market cap of $9.9 million.
The significant pre-market increase in BTTR's stock price suggests positive investor sentiment and could lead to further short-term gains as the market opens.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
POSITIVE IMPACT
China Jo-Jo Drugstores (CJJD) shares rose 8.16% to $0.2, with a market cap of $6.8 million.
The rise in CJJD's stock price indicates a positive investor response, which could lead to further short-term appreciation.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
Edible Garden AG (EDBL) stock moved upwards by 7.82% to $0.55, with a market value of $3.1 million.
EDBL's pre-market increase may suggest growing investor confidence, possibly leading to a positive short-term price movement.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
Mangoceuticals (MGRX) stock increased by 6.89% to $0.31, with a market value of $6.6 million.
MGRX's stock price gain in pre-market trading may lead to short-term positive momentum as the market responds to the uptick.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
Maison Solutions (MSS) shares increased by 8.55% to $1.65, with a market cap of $32.4 million.
MSS's pre-market gain may attract investor interest, potentially leading to a positive short-term trend as the market opens.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
Shineco (SISI) shares increased by 5.44% to $0.09, with a market cap of $4.7 million.
SISI's pre-market gain suggests a positive investor outlook, which might translate into short-term price growth.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 70
NEGATIVE IMPACT
AgriFORCE Growing Systems (AGRI) stock decreased by 5.02% to $0.45, with a market cap of $2.3 million.
AGRI's pre-market decline may suggest a bearish outlook from investors, potentially leading to further short-term losses.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 70
NEGATIVE IMPACT
Paranovus Enter (PAVS) stock decreased by 5.73% to $2.8, with a market cap of $20.5 million.
The drop in PAVS's stock price could signal investor caution, possibly resulting in a negative short-term trend.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 70
NEGATIVE IMPACT
Reborn Coffee (REBN) stock decreased by 6.22% to $0.58, with a market cap of $8.6 million.
REBN's decline in pre-market trading may reflect negative sentiment, potentially leading to further short-term depreciation.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 70
NEGATIVE IMPACT
Smart for Life (SMFL) shares declined by 14.7% to $1.68, with a market value of their outstanding shares at $1.3 million.
The substantial pre-market decline in SMFL's stock price indicates negative investor sentiment, which could result in continued downward pressure on the stock in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
NEGATIVE IMPACT
Alkaline Water Co (WTER) shares declined by 4.34% to $0.26, with a market cap of $3.3 million.
WTER's stock price decrease in pre-market trading may continue into the short term as investors react to the negative trend.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 70