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. Agrify (AGFY) saw a substantial increase of 60.6%, while Sidus Space (SIDU) experienced a sharp decline of 45.3%. Other notable gainers include C3is (CISS), Mega Matrix (MPU), AERWINS Technologies (AWIN), Greenwave Tech Solns (GWAV), and Innodata (INOD). On the losing side, View (VIEW), Toro (TORO), Exela Technologies (XELA), Addentax Group (ATXG), and United Parcel Service (UPS) saw their stock prices fall, with UPS reporting Q4 earnings.
January 30, 2024 | 1:05 pm
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NEGATIVE IMPACT
Sidus Space stock plummeted by 45.3% to $4.76 in pre-market trading with a market cap of $5.1 million.
The sharp decline in SIDU's stock price indicates negative market reaction, likely leading to a continued short-term downtrend.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
United Parcel Service stock fell by 6.85% to $147.2 with a market cap of $125.4 billion following their Q4 earnings report.
The drop in UPS's stock price post-earnings suggests the market may have reacted negatively to the Q4 report, potentially leading to a short-term decrease in stock value.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Agrify's shares surged 60.6% to $0.81 in pre-market trading with a market cap of $5.5 million.
The significant pre-market increase in AGFY's stock price suggests positive investor sentiment which could lead to a short-term upward trend.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90