12 Industrials Stocks Moving In Friday's Intraday Session
Portfolio Pulse from Benzinga Insights
In Friday's intraday session, several industrials stocks experienced significant movements. Primech Holdings (PMEC) led the gainers with a 29.9% increase, while Vicor (VICR) saw the largest decline among the losers, dropping 19.7%. Notably, TPI Composites (TPIC) and LegalZoom.com (LZ) reported their Q4 earnings, as did Vicor (VICR) and ACCO Brands (ACCO) among the losers, influencing their stock movements.
February 23, 2024 | 5:31 pm
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NEGATIVE IMPACT
ACCO Brands fell 13.48% to $5.55, with a market cap of $527.3 million, after their Q4 earnings were released.
The decline in ACCO's stock price post-Q4 earnings suggests negative market reaction to the company's financial results.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 90
NEGATIVE IMPACT
Vicor shares declined 19.7% to $37.62, with a market cap of $1.6 billion, following their Q4 earnings release.
VICR's stock price drop is likely a reaction to its Q4 earnings report, indicating investor disappointment or concerns over the company's performance.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 90
POSITIVE IMPACT
LegalZoom.com's stock increased 12.76% to $11.09, with a market cap of $2.0 billion, after their Q4 earnings announcement.
LZ's stock price increase following the Q4 earnings release indicates a positive investor response to the company's financial performance.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 90
POSITIVE IMPACT
Primech Holdings stock surged 29.9% to $2.61, with a market cap of $92.7 million.
The significant increase in PMEC's stock price indicates strong investor interest, potentially due to positive market sentiment or company-specific news.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
TPI Composites rose 16.13% to $2.92, with a market cap of $135.4 million, after releasing their Q4 earnings.
The positive movement in TPIC's stock price post-Q4 earnings suggests the market reacted favorably to the company's reported performance.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 90