12 Consumer Discretionary Stocks Moving In Wednesday's After-Market Session
Portfolio Pulse from Benzinga Insights
In Wednesday's after-market session, several consumer discretionary stocks experienced movement. Vroom (VRM) led the gainers with a 7.0% increase, while Visionary Education Tech (GV) headed the losers with an 8.5% decline. Other notable movers included Kaixin Auto Hldgs (KXIN), Kandi Technologies Gr (KNDI), Digital Brands Group (DBGI), Volcon (VLCN), Connexa Sports Techs (CNXA), Jiuzi Hldgs (JZXN), PLBY Group (PLBY), Color Star Tech (ADD), JOANN (JOAN), and Mondee Hldgs (MOND) with various changes in their stock prices.

January 10, 2024 | 9:31 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Color Star Tech shares decreased by 4.99% to $0.34, with a market cap of $7.6 million.
The after-market decline in Color Star Tech's stock price may reflect investor skepticism or adverse developments, potentially leading to further short-term declines.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 70
NEGATIVE IMPACT
Visionary Education Tech shares fell 8.5% to $0.18, with a market cap of $9.3 million.
The notable decline in Visionary Education Tech's stock price could reflect negative market reaction or poor investor confidence, possibly leading to further short-term depreciation.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
NEGATIVE IMPACT
JOANN stock fell 4.75% to $0.47, with a market cap of $19.7 million.
JOANN's stock price decrease could be a sign of negative market sentiment or disappointing company news, which may lead to a short-term negative trend.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80
NEGATIVE IMPACT
Jiuzi Hldgs shares declined by 6.95% to $0.67, with a market value of outstanding shares at $2.7 million.
The decline in Jiuzi Hldgs' stock price could suggest negative sentiment or market reaction, potentially leading to further short-term downside.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 70
NEGATIVE IMPACT
Mondee Hldgs shares fell 4.02% to $2.15, with a market value of outstanding shares at $188.5 million.
The drop in Mondee Hldgs' stock price indicates potential investor concern, which may result in continued short-term downward pressure on the stock.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80
NEGATIVE IMPACT
PLBY Group shares fell 6.77% to $1.24, with a market value of outstanding shares at $91.8 million.
The significant drop in PLBY Group's stock price suggests a negative investor outlook, which may continue to affect the stock in the short term.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
Connexa Sports Techs stock increased by 3.1% to $0.23.
The increase in Connexa Sports Techs' stock may indicate a positive investor reaction, but the impact is likely to be minor due to the lack of market cap information.
CONFIDENCE 65
IMPORTANCE 40
RELEVANCE 60
POSITIVE IMPACT
Digital Brands Group stock rose 4.01% to $3.11, with a market cap of $3.2 million.
The after-market increase for Digital Brands Group may suggest short-term trading opportunities, although the small market cap indicates limited impact.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 70
POSITIVE IMPACT
Kandi Technologies Gr shares moved upwards by 4.65% to $3.15, with a market cap of $275.6 million.
Kandi Technologies Gr's stock increase may be driven by investor confidence or positive developments, suggesting a potential short-term positive trend.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
Kaixin Auto Hldgs shares rose 4.99% to $0.68, with a market value of outstanding shares at $18.1 million.
The rise in Kaixin Auto Hldgs' shares could indicate a positive market response to company-specific news or broader sector movements, potentially leading to short-term gains.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
Volcon stock increased by 3.25% to $0.09, with a market value of outstanding shares at $1.1 million.
Volcon's stock price increase is modest and, given the very small market cap, the impact is likely to be limited and more speculative in nature.
CONFIDENCE 65
IMPORTANCE 40
RELEVANCE 60
POSITIVE IMPACT
Vroom shares increased by 7.0% to $0.54, with a market value of outstanding shares at $77.3 million.
The significant after-market increase in Vroom's stock price suggests positive investor sentiment which could lead to a short-term uptrend.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90