12 Consumer Discretionary Stocks Moving In Thursday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
In Thursday's pre-market session, 12 consumer discretionary stocks showed significant movement. Volcon, J-Long Group, and Bright Scholar Education were among the top gainers, with Volcon leading at a 79.3% increase. Duolingo also saw a notable rise after its Q4 earnings release. On the downside, Vacasa, WW International, and FIGS experienced significant drops, with their recent Q4 earnings impacting their stock prices.
February 29, 2024 | 1:07 pm
News sentiment analysis
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POSITIVE IMPACT
Duolingo shares rose 20.4% to $235.4 after releasing Q4 earnings, with a market cap of $9.8 billion.
The positive reaction to Duolingo's Q4 earnings suggests strong performance and could lead to continued investor confidence and stock price increase in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 90
POSITIVE IMPACT
Volcon stock surged 79.3% in pre-market trading, with a market cap of $2.6 million.
The significant surge in Volcon's stock price could attract more investor interest in the short term, potentially maintaining the upward momentum.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
FIGS shares dropped 16.75% to $5.02 after the Q4 earnings report, with a market cap of $849.0 million.
FIGS' stock price decline post-Q4 earnings indicates a negative market reaction, likely affecting the stock negatively in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 90
NEGATIVE IMPACT
Vacasa stock fell 28.2% to $8.09 following its Q4 earnings release, with a market cap of $100.7 million.
The sharp decline in Vacasa's stock price post-Q4 earnings indicates investor disappointment, likely leading to further short-term downward pressure.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 90
NEGATIVE IMPACT
WW International shares fell 21.89% to $2.98 after its Q4 earnings, with a market cap of $235.6 million.
The decline in WW International's stock price following its Q4 earnings suggests negative investor sentiment, potentially leading to further short-term declines.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 90