12 Consumer Discretionary Stocks Moving In Friday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
In Friday's pre-market session, several consumer discretionary stocks showed significant movement. Notably, J-Long Group, Sweetgreen, and RealReal experienced substantial gains, attributed to recent earnings reports for Sweetgreen and RealReal. Conversely, Fisker, REE Automotive, and Jakks Pacific were among the notable losers, with Fisker and Jakks Pacific's declines also linked to their latest earnings reports.
March 01, 2024 | 1:10 pm
News sentiment analysis
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NEGATIVE IMPACT
Fisker's stock declined by 29.3% to $0.51, with a market value of $275.3 million, following their Q4 earnings report.
Fisker's significant drop post-Q4 earnings likely reflects investor disappointment or concerns, suggesting a negative short-term outlook for the stock.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 95
POSITIVE IMPACT
J-Long Group's stock rose 33.0% to $2.66, with a market value of $83.5 million.
The significant pre-market rise in J-Long Group's stock suggests positive investor sentiment, potentially due to unmentioned catalysts, leading to a likely short-term upward price movement.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
RealReal's stock rose 16.94% to $2.07 after their Q4 earnings, with a market cap of $213.9 million.
The surge in RealReal's stock post-Q4 earnings suggests the market's positive reception to their financial results, indicating potential for continued short-term appreciation.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 95
POSITIVE IMPACT
Sweetgreen's shares increased by 18.99% to $15.16 following their Q4 earnings report, with a market value of $1.7 billion.
The positive reaction to Sweetgreen's Q4 earnings report indicates strong performance or outlook, driving investor optimism and likely further short-term gains.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 95