12 Industrials Stocks Moving In Tuesday's Intraday Session
Portfolio Pulse from Benzinga Insights
In Tuesday's intraday session, notable movements were observed in the industrials sector. BioNexus Gene Lab (BGLC) saw a significant increase of 411.4%, while WESCO Intl (WCC) experienced a notable decrease of 24.2%. Other companies like JanOne (JAN), Ault Alliance (AULT), and JetBlue Airways (JBLU) also saw considerable movements. Earnings reports influenced some of these movements, particularly for Espey Mfg & Electronics (ESP), WESCO Intl (WCC), and Avis Budget Group (CAR).
February 13, 2024 | 5:31 pm
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NEGATIVE IMPACT
Avis Budget Group shares fell 21.37% to $132.38, with a market cap of $4.7 billion, after its Q4 earnings report.
The decline in CAR's stock price after its Q4 earnings report suggests a negative investor reaction, likely affecting short-term price movement negatively.
CONFIDENCE 85
IMPORTANCE 85
RELEVANCE 100
NEGATIVE IMPACT
WESCO Intl stock fell 24.2% to $145.95, with a market cap of $7.4 billion, following its Q4 earnings report.
The drop in WCC's stock price post-earnings suggests a negative market reaction to its Q4 results, likely leading to short-term bearish sentiment.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
BioNexus Gene Lab stock surged 411.4% to $2.1, with a market cap of $37.3 million.
The significant surge in BGLC's stock price could attract more investor interest in the short term, potentially maintaining upward momentum.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Espey Mfg & Electronics stock rose 10.17% to $25.61, with a market cap of $63.4 million, after its Q2 earnings report.
ESP's positive movement following its Q2 earnings report indicates a favorable investor response, likely contributing to short-term bullish sentiment.
CONFIDENCE 80
IMPORTANCE 80
RELEVANCE 100