12 Consumer Discretionary Stocks Moving In Wednesday's Intraday Session
Portfolio Pulse from Benzinga Insights
In Wednesday's intraday session, several consumer discretionary stocks experienced significant movements. Connexa Sports Techs (CNXA) saw a notable increase of 128.0% to $0.45, while Kaixin Auto Hldgs (KXIN) suffered a sharp decline of 45.2% to $0.4. Other gainers included Envirotech Vehicles (EVTV), Jiuzi Hldgs (JZXN), 17 Education & Technology (YQ), Canoo (GOEV), and Naas Technology (NAAS). Conversely, Esports Entertainment (GMBL), Selina Hospitality (SLNA), Boqii Holding (BQ), Polished.com (POL), and BowFlex (BFX) were among the losers.
January 31, 2024 | 5:31 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Esports Entertainment shares dropped 25.46% to $2.46, with a market cap of $2.6 million.
The significant drop in GMBL's stock price could reflect underlying issues or a bearish outlook, which may lead to further short-term declines.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Kaixin Auto Hldgs stock plummeted 45.2% to $0.4, with a market cap of $10.6 million.
The sharp decline in KXIN's stock price suggests negative sentiment or potentially adverse company news, which could lead to further short-term downside.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Connexa Sports Techs shares soared 128.0% to $0.45, with a market cap of $1.5 million.
The substantial rise in CNXA's stock price indicates strong investor interest, which could lead to increased trading volume and potentially more gains in the short term.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Envirotech Vehicles stock increased by 19.86% to $1.75, with a market cap of $26.4 million.
The significant uptick in EVTV's stock price could attract more investors, potentially leading to further short-term appreciation.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Canoo shares increased by 9.2% to $0.2, with a market cap of $188.9 million.
The rise in GOEV's stock price could be due to positive developments or investor optimism, potentially leading to more short-term gains.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Naas Technology stock rose 9.09% to $1.56, with a market cap of $381.5 million.
The increase in NAAS's stock price suggests positive market activity, which may continue to drive the stock up in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80