12 Consumer Discretionary Stocks Moving In Tuesday's Intraday Session
Portfolio Pulse from Benzinga Insights
In Tuesday's intraday session, several consumer discretionary stocks experienced significant movements. Esports Entertainment (GMBL) saw a sharp rise of 63.1%, while Adtalem Global Education (ATGE) dropped by 21.8%. Other notable gainers include Selina Hospitality (SLNA) and Cheetah Net Supply Chain (CTNT), with increases of 35.32% and 14.28% respectively. Malibu Boats (MBUU) fell by 16.33% after releasing Q2 earnings.
January 30, 2024 | 5:31 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Esports Entertainment's stock soared by 63.1% with a market cap of $3.8 million, indicating strong investor interest.
The significant surge in Esports Entertainment's stock price suggests positive investor sentiment, which could lead to continued short-term upward momentum.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Selina Hospitality's shares rose by 35.32% to $0.52, with a market value of $56.3 million, reflecting positive investor sentiment.
Selina Hospitality's significant stock price increase could attract more investor attention, potentially leading to further short-term gains.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Adtalem Global Education's stock fell sharply by 21.8%, with a market cap of $1.8 billion, likely due to negative market reactions.
The substantial drop in Adtalem's stock price could indicate a bearish outlook from investors, potentially leading to further short-term declines.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Malibu Boats' stock decreased by 16.33% to $42.7, with a market cap of $870.9 million, following the release of Q2 earnings.
The decline in Malibu Boats' stock price post-Q2 earnings suggests a negative investor response to the financial results, which could lead to further short-term downward pressure.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100