12 Consumer Discretionary Stocks Moving In Thursday's Intraday Session
Portfolio Pulse from Benzinga Insights
In Thursday's intraday session, several consumer discretionary stocks showed significant movement. Fitell, GigaCloud Tech, Golden Heaven Group Holdings, Codere Online Luxembourg, Installed Building Products, and Jumia Technologies were among the gainers, with increases ranging from 10.73% to 30.1%. On the downside, Rivian Automotive, Lucid Group, BowFlex, Standard Motor Products, Yunji, and REE Automotive experienced declines between 10.97% and 25.4%. Notably, earnings reports influenced some of these movements.
February 22, 2024 | 5:31 pm
News sentiment analysis
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NEGATIVE IMPACT
Lucid Group's stock decreased by 16.94% to $3.07, with a market cap of $7.0 billion, after its Q4 earnings report.
The decline in Lucid Group's stock price following its Q4 earnings report suggests that the financial results did not meet investor expectations.
CONFIDENCE 85
IMPORTANCE 85
RELEVANCE 90
NEGATIVE IMPACT
Rivian Automotive's stock declined by 25.4% to $11.47, with a market cap of $10.9 billion, following its Q4 earnings report.
Rivian Automotive's significant stock price decline is likely a direct response to its Q4 earnings report, indicating investor disappointment or concerns.
CONFIDENCE 85
IMPORTANCE 85
RELEVANCE 90
POSITIVE IMPACT
Fitell's stock surged 30.1% to $3.85, with a market cap of $42.8 million.
The significant increase in Fitell's stock price indicates strong investor interest, potentially due to positive market sentiment or company-specific news.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90