12 Consumer Discretionary Stocks Moving In Wednesday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
In Wednesday's pre-market session, several consumer discretionary stocks showed significant movement. Gainers included Connexa Sports Techs, BowFlex, Qurate Retail, Life Time Group Holdings, Coupang, and Vipshop Holdings, with increases ranging from 8.88% to 22.4%. Losers were Kontoor Brands, Amesite, Urban Outfitters, Big 5 Sporting Goods, Warby Parker, and Smart Share Global, with decreases ranging from 7.88% to 14.1%. The movements were largely attributed to the release of Q4 earnings reports.
February 28, 2024 | 1:06 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Amesite shares decreased by 11.58% to $1.91, indicating negative market reaction possibly due to company-specific issues or broader market trends.
The decrease in Amesite shares suggests a negative market reaction, which could be due to specific company issues or broader market trends.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Big 5 Sporting Goods stock fell 9.1% to $4.8, possibly due to negative reception of its Q4 earnings, reflecting investor pessimism.
The fall in Big 5 Sporting Goods stock likely reflects investor pessimism following a negative reception of its Q4 earnings report.
CONFIDENCE 80
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
Smart Share Global stock decreased by 7.88% to $0.59, indicating a negative market response, possibly due to company-specific news or market conditions.
The decrease in Smart Share Global stock suggests a negative market response, potentially due to specific company news or broader market conditions.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Kontoor Brands stock decreased by 14.1% to $54.5, likely due to a less favorable Q4 earnings report, indicating investor concern.
The decrease in Kontoor Brands stock is likely due to a less favorable Q4 earnings report, reflecting investor concern over the company's performance.
CONFIDENCE 85
IMPORTANCE 85
RELEVANCE 95
NEGATIVE IMPACT
Urban Outfitters stock decreased by 10.96% to $42.01, likely in response to its Q4 earnings report, indicating market disappointment.
The decrease in Urban Outfitters stock is likely a response to its Q4 earnings report, indicating market disappointment with the company's performance.
CONFIDENCE 85
IMPORTANCE 85
RELEVANCE 95
NEGATIVE IMPACT
Warby Parker shares fell 8.91% to $13.7, likely due to investor reactions to its Q4 earnings, indicating concerns over performance.
The decrease in Warby Parker shares is likely due to investor reactions to its Q4 earnings, indicating concerns over the company's performance.
CONFIDENCE 85
IMPORTANCE 85
RELEVANCE 95
POSITIVE IMPACT
BowFlex shares increased by 13.21% to $0.22, indicating a positive market response, possibly driven by the company's financial performance or market speculation.
The increase in BowFlex shares suggests a positive response from the market, likely due to recent financial performance or speculative interest.
CONFIDENCE 75
IMPORTANCE 70
RELEVANCE 90
POSITIVE IMPACT
Connexa Sports Techs stock increased by 22.4% to $0.29, showing a strong positive reaction to market conditions or company-specific news.
The significant increase suggests positive investor sentiment, potentially due to favorable market conditions or company-specific news.
CONFIDENCE 80
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Coupang stock moved upwards by 10.95% to $18.74, likely in response to its Q4 earnings report, signaling strong investor approval.
The increase in Coupang stock is likely a response to its Q4 earnings report, indicating strong investor approval and confidence in the company's performance.
CONFIDENCE 85
IMPORTANCE 85
RELEVANCE 95
POSITIVE IMPACT
Life Time Group Holdings shares moved upwards by 11.59% to $13.86, likely due to a favorable Q4 earnings report, reflecting investor confidence.
The upward movement in Life Time Group Holdings shares is attributed to a favorable reaction to the Q4 earnings report, indicating investor confidence.
CONFIDENCE 85
IMPORTANCE 85
RELEVANCE 95
POSITIVE IMPACT
Qurate Retail shares rose 12.85% to $1.58 following the release of Q4 earnings, indicating a positive investor reaction to the company's financial results.
The rise in Qurate Retail shares is directly linked to the positive investor reaction to the company's Q4 earnings report.
CONFIDENCE 85
IMPORTANCE 85
RELEVANCE 95
POSITIVE IMPACT
Vipshop Holdings shares increased by 8.88% to $18.88, possibly due to positive Q4 earnings, reflecting investor optimism.
The increase in Vipshop Holdings shares likely reflects investor optimism following the company's positive Q4 earnings report.
CONFIDENCE 85
IMPORTANCE 85
RELEVANCE 95