12 Industrials Stocks Moving In Tuesday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
In Tuesday's pre-market session, several industrial stocks showed significant movement. Gainers included ATIF Holdings, Tritium DCFC, Smart Powerr, Ideanomics, Urban-gro, and Beam Glb with increases ranging from 7.46% to 22.5%. Conversely, Ault Alliance, Applied UV, Nuburu, Swvl Hldgs, 1847 Holdings, and Gaucho Group Holdings experienced declines between 7.2% and 18.7%.

January 16, 2024 | 1:05 pm
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POSITIVE IMPACT
ATIF Holdings' stock rose by 22.5% to $1.3 in pre-market trading with a market cap of $12.5 million.
A significant pre-market increase often indicates positive investor sentiment which could lead to further short-term gains.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Beam Glb's stock saw a 7.46% increase to $6.05, with a market cap of $86.1 million.
The pre-market uptick could suggest a positive trend for the day's trading session.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100
POSITIVE IMPACT
Smart Powerr's stock went up by 9.55% to $1.95, with a market cap of $15.5 million.
The upward movement in pre-market may lead to continued short-term positive performance.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100
POSITIVE IMPACT
Tritium DCFC's stock increased by 11.77% to $0.19 with a market cap of $32.1 million.
The pre-market rise could attract more attention to the stock, potentially driving up its price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Ideanomics' stock rose by 9.32% to $1.79, with a market cap of $21.4 million.
The pre-market gain suggests that the stock may see continued interest during the trading day.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100
POSITIVE IMPACT
Urban-gro's shares increased by 8.84% to $1.6, with a market cap of $18.6 million.
The positive pre-market performance may result in further short-term appreciation.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100
NEGATIVE IMPACT
Ault Alliance's stock dropped by 18.7% to $0.06, with a market cap of $3.9 million.
A significant pre-market decline typically indicates negative sentiment that could persist in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Applied UV's shares decreased by 17.07% to $3.16, with a market cap of $3.9 million.
The pre-market decline may lead to further downward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Nuburu's stock fell by 13.16% to $0.17, with a market cap of $5.8 million.
The negative movement in pre-market is often a precursor to continued selling pressure.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100
NEGATIVE IMPACT
1847 Holdings' stock went down by 8.79% to $2.16, with a market cap of $1.7 million.
The pre-market decline could be a sign of further short-term weakness.
CONFIDENCE 90
IMPORTANCE 50
RELEVANCE 100
NEGATIVE IMPACT
Swvl Hldgs' stock declined by 11.25% to $4.34, with a market cap of $29.4 million.
A pre-market decrease may indicate a bearish outlook for the stock in the short term.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100
NEGATIVE IMPACT
Gaucho Group Holdings' shares fell by 7.2% to $0.46, with a market value of $1.9 million.
The drop in pre-market trading may suggest a negative trend for the day ahead.
CONFIDENCE 90
IMPORTANCE 50
RELEVANCE 100