9 Consumer Discretionary Stocks Moving In Wednesday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
In Wednesday's pre-market session, several consumer discretionary stocks showed notable movements. H World Group (HTHT), Vision Marine (VMAR), and Kaixin Auto Holdings (KXIN) experienced gains, while VOXX International (VOXX), ECD Automotive Design (ECDA), China Liberal Education (CLEU), Chewy (CHWY), MGO Global (MGOL), and Sunlands Technology (STG) saw declines. VOXX's drop followed their Q3 earnings release.
January 10, 2024 | 1:06 pm
News sentiment analysis
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POSITIVE IMPACT
H World Group shares rose 9.0% to $34.04, with a market cap of $10.8 billion.
The significant pre-market gain suggests positive investor sentiment which could lead to a short-term price increase.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Kaixin Auto Holdings stock increased by 5.29% to $0.69, with a market cap of $18.2 million.
The stock's pre-market gain may attract short-term interest, but the small market cap could lead to high volatility.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Vision Marine shares increased by 5.84% to $0.87, with a market cap of $10.1 million.
The pre-market rise indicates positive momentum, but the small market cap suggests potential volatility.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Chewy shares fell 5.3% to $20.03, with a market cap of $8.6 billion.
The decline in pre-market trading could suggest a bearish outlook from investors, potentially affecting the stock negatively in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
China Liberal Education shares declined by 8.38% to $0.18, with a market cap of $9.0 million.
The pre-market drop could reflect investor concerns, possibly leading to a short-term negative trend.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
ECD Automotive Design shares declined by 11.02% to $1.05, with a market cap of $27.1 million.
The notable pre-market decline could indicate negative sentiment, potentially leading to further short-term downside.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
MGO Global shares decreased by 4.79% to $0.59, with a market cap of $8.4 million.
The pre-market decline may lead to short-term negative sentiment among investors, potentially impacting the stock price.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
Sunlands Technology stock decreased by 4.59% to $8.51, with a market cap of $116.9 million.
The stock's pre-market drop suggests possible investor concern, which may negatively influence the stock price in the short term.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
VOXX International stock declined by 15.7% to $9.15 following their Q3 earnings release, with a market cap of $207.2 million.
The sharp decline post-earnings suggests a negative investor response to the Q3 results, likely leading to a short-term negative impact on the stock price.
CONFIDENCE 85
IMPORTANCE 85
RELEVANCE 90