12 Consumer Discretionary Stocks Moving In Wednesday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
In Wednesday's pre-market session, 12 consumer discretionary stocks showed significant movements. Notably, Zapp Electric Vehicles (ZAPP) and Color Star Tech (ADD) saw gains of 18.0% and 15.35%, respectively. Yum China Holdings (YUMC) also rose by 13.62% following its Q4 earnings report. On the downside, Cazoo Gr (CZOO) and VF (VFC) experienced declines of 16.2% and 7.67%, respectively, with VF's drop following its Q3 earnings release.
February 07, 2024 | 1:06 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Color Star Tech shares increased by 15.35% in pre-market trading, with a market cap of $7.6 million.
The rise in pre-market trading indicates a positive outlook from investors, likely to boost short-term stock performance.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
POSITIVE IMPACT
Yum China Holdings shares rose by 13.62% to $42.54 in pre-market trading following its Q4 earnings report, with a market cap of $17.2 billion.
The positive reaction to the Q4 earnings report suggests strong performance and investor confidence, likely leading to short-term stock appreciation.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 95
POSITIVE IMPACT
Zapp Electric Vehicles shares surged 18.0% in pre-market trading, with a market cap of $18.3 million.
The significant pre-market gain suggests positive investor sentiment, potentially leading to short-term price appreciation.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
NEGATIVE IMPACT
Cazoo Gr stock decreased by 16.2% to $4.6 in pre-market trading, with a market cap of $22.4 million.
The significant pre-market decline indicates negative investor sentiment, likely leading to short-term price depreciation.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
NEGATIVE IMPACT
VF stock declined by 7.67% to $15.65 in pre-market trading following its Q3 earnings release, with a market cap of $6.0 billion.
The drop post-Q3 earnings suggests the market's negative reaction to the financial results, likely causing short-term stock depreciation.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 95