12 Consumer Discretionary Stocks Moving In Tuesday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
In Tuesday's pre-market session, BT Brands (BTBD) saw a significant increase of 139.3%, while VOXX International (VOXX) rose by 7.06% following their Q3 earnings report. Conversely, Lixiang Education Hldg (LXEH) and Canoo (GOEV) experienced notable declines of 17.2% and 9.81%, respectively. Other consumer discretionary stocks like MGO Global (MGOL), Tuniu (TOUR), and JOANN (JOAN) also saw gains, whereas China Liberal Education (CLEU), Vision Marine (VMAR), Rent the Runway (RENT), and Solid Power (SLDP) recorded losses.
January 09, 2024 | 1:06 pm
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NEGATIVE IMPACT
Canoo shares experienced a 9.81% drop to $0.23, with their market value at $178.6 million.
The pre-market decline in GOEV's stock price may reflect investor concerns or negative developments, which could lead to further short-term depreciation.
CONFIDENCE 80
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
Lixiang Education Hldg shares fell by 17.2% in pre-market trading with a market cap of $16.0 million.
The significant pre-market decline for LXEH could indicate negative sentiment or reactions to recent news, potentially leading to further short-term downside.
CONFIDENCE 80
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
BT Brands stock soared by 139.3% in pre-market trading with a market cap of $28.3 million.
The substantial pre-market gain for BTBD indicates strong investor interest, which could lead to increased trading volume and continued upward price movement in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
VOXX International's stock increased by 7.06% to $11.21, likely influenced by the release of their Q3 earnings report.
The positive movement in VOXX's stock price suggests a favorable response to their Q3 earnings report, which could result in short-term price appreciation.
CONFIDENCE 80
IMPORTANCE 85
RELEVANCE 90