12 Consumer Discretionary Stocks Moving In Friday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
In Friday's pre-market session, several consumer discretionary stocks experienced significant movements. Envirotech Vehicles, U Power, 2U, Visionary Education Tech, MGO Global, and Yunhong Green CTI were among the gainers, with increases ranging from 5.61% to 10.0%. Conversely, Genius Gr, Linkage Global, Jerash Holdings (US), China Automotive Systems, Volcon, and EZGO Technologies were the losers, with stock price declines between 4.23% and 10.2%.
January 26, 2024 | 1:06 pm
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POSITIVE IMPACT
Envirotech Vehicles shares rose 10.0% to $1.32 in pre-market trading with a market cap of $19.9 million.
The significant pre-market increase in share price suggests positive investor sentiment and could lead to short-term upward momentum.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
Visionary Education Tech stock rose 7.27% to $0.2 in pre-market trading with a market cap of $10.2 million.
The pre-market gain, while on a small market cap, indicates potential investor interest that could translate into short-term growth.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 80
POSITIVE IMPACT
MGO Global shares rose 6.78% to $0.47 in pre-market trading with a market cap of $6.7 million.
The pre-market price increase could suggest a positive investor sentiment, potentially leading to further short-term gains.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 80
POSITIVE IMPACT
2U shares moved upwards by 7.69% to $1.12 in pre-market trading with a market cap of $91.9 million.
The pre-market increase may reflect investor confidence in the company's prospects, potentially leading to short-term price appreciation.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
U Power shares increased by 8.92% to $0.12 in pre-market trading with a market cap of $7.2 million.
The pre-market gain is substantial in percentage terms, which may attract investor attention and drive short-term price action.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 80
POSITIVE IMPACT
Yunhong Green CTI stock increased by 5.61% to $1.6 in pre-market trading with a market cap of $32.1 million.
The pre-market rise may indicate growing investor confidence, which could lead to short-term price appreciation.
CONFIDENCE 70
IMPORTANCE 55
RELEVANCE 80
NEGATIVE IMPACT
China Automotive Systems stock fell 4.77% to $3.6 in pre-market trading with a market cap of $108.6 million.
The pre-market decrease could be a sign of investor skepticism, possibly affecting the stock negatively in the short term.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80
NEGATIVE IMPACT
EZGO Technologies stock decreased by 4.23% to $0.09 in pre-market trading with a market cap of $9.5 million.
The pre-market drop may suggest a bearish sentiment among investors, potentially leading to further short-term declines.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 80
NEGATIVE IMPACT
Genius Gr stock declined by 10.2% to $0.39 in pre-market trading with a market cap of $37.6 million.
The significant pre-market decline suggests negative sentiment that could lead to further short-term downside.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80
NEGATIVE IMPACT
Jerash Holdings (US) shares declined by 5.8% to $2.83 in pre-market trading with a market cap of $34.7 million.
The pre-market decline may reflect investor concerns, potentially leading to a negative short-term trend.
CONFIDENCE 70
IMPORTANCE 55
RELEVANCE 80
NEGATIVE IMPACT
Linkage Global stock fell 10.13% to $1.42 in pre-market trading with a market cap of $30.5 million.
The double-digit percentage drop in pre-market could indicate a bearish outlook, potentially leading to further declines.
CONFIDENCE 75
IMPORTANCE 60
RELEVANCE 80
NEGATIVE IMPACT
Volcon stock decreased by 4.5% to $0.13 in pre-market trading with a market cap of $1.6 million.
The decline in pre-market trading for this small cap stock may indicate a negative short-term outlook.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 80