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. Notable gainers included Nxu, JanOne, Li-Cycle Holdings, Xos, TDCX, and Caravelle Intl Gr, with increases ranging from 14.27% to 36.3%. On the downside, Sidus Space, Tritium DCFC, TTEC Holdings, Ideanomics, Royalty Management Hldgs, and Vast Renewables saw declines between 16.26% and 36.3%. TTEC Holdings' drop was highlighted by a recent Q4 earnings release.

March 01, 2024 | 5:34 pm
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POSITIVE IMPACT
Caravelle Intl Gr stock rose 14.27% to $0.59, with a market cap of $31.1 million.
The increase in Caravelle Intl Gr's stock price suggests positive market activity or company-specific good news.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
JanOne shares climbed 29.81% to $1.42, with a market cap of $7.0 million.
The substantial increase in JanOne's stock price indicates strong market performance or positive developments for the company.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Li-Cycle Holdings shares increased 18.08% to $0.43, with a market value of $75.7 million.
Li-Cycle Holdings' stock rise suggests investor confidence or positive news affecting the company's valuation.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Nxu stock surged 36.3% to $1.09, with a market value of $3.3 million.
The significant price increase suggests positive investor sentiment or potentially favorable news directly impacting Nxu's stock.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
TDCX stock rose 15.25% to $7.1, with a market cap of $1.0 billion.
TDCX's stock increase could be attributed to positive investor sentiment or beneficial developments within the company.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Xos shares increased 17.51% to $10.67, with a market value of $63.7 million.
The rise in Xos shares indicates positive market reception or favorable company-specific news.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
Tritium DCFC stock decreased 27.68% to $0.1, with a market value of $17.3 million.
The decline in Tritium DCFC's stock price could reflect negative investor sentiment or unfavorable company-specific developments.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
Ideanomics shares fell 21.52% to $1.24, with a market value of $14.8 million.
The decrease in Ideanomics' stock price suggests negative market sentiment or adverse developments specific to the company.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
Royalty Management Hldgs stock decreased 17.73% to $1.44, with a market value of $20.5 million.
The decline in Royalty Management Hldgs' stock price could be due to negative investor sentiment or unfavorable news related to the company.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
Sidus Space stock fell 36.3% to $5.72, with a market cap of $15.9 million.
The significant drop in Sidus Space's stock price indicates negative market sentiment or adverse news affecting the company.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
TTEC Holdings shares declined 21.55% to $13.69 following a Q4 earnings release, with a market cap of $649.2 million.
The drop in TTEC Holdings' stock price is directly linked to its Q4 earnings release, indicating the market's negative reaction to the financial results.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 90
NEGATIVE IMPACT
Vast Renewables stock fell 16.26% to $2.19, with a market cap of $64.1 million.
The decrease in Vast Renewables' stock price indicates negative market sentiment or adverse company-specific news.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90