12 Industrials Stocks Moving In Thursday's After-Market Session
Portfolio Pulse from Benzinga Insights
In Thursday's after-market session, several industrials stocks saw significant movements. Gainers included Ocean Power Techs, WANG & LEE Group, KULR Tech Gr, Intuitive Machines, Solidion Technology, and American Rebel Holdings, with increases ranging from 5.04% to 6.8%. Losers were led by Vicor, with a 15% drop following its Q4 earnings report, and followed by Copart, Energy Focus, Ault Alliance, Byrna Technologies, and AERWINS Technologies, with decreases ranging from 4.09% to 5.91%.
February 22, 2024 | 9:31 pm
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NEGATIVE IMPACT
Copart shares decreased by 5.91% to $46.5 after its Q2 earnings report, with a market cap of $44.6 billion.
The decline in CPRT's stock price post-Q2 earnings indicates a negative investor response, potentially leading to short-term bearish sentiment.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 85
NEGATIVE IMPACT
Vicor's stock fell 15% to $39.82 following its Q4 earnings report, with a market cap of $1.7 billion.
The significant drop in VICR's stock price post-earnings suggests a negative market reaction to its Q4 results, likely leading to short-term downward pressure.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Ocean Power Techs shares rose by 6.8% to $0.31, with a market cap of $18.2 million.
The positive movement in OPTT's stock price could attract investor interest, potentially leading to short-term gains.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80