12 Industrials Stocks Moving In Monday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
In Monday's pre-market session, several industrials stocks showed significant movement. NuScale Power (SMR) led the gainers with a 24.6% increase, while Astra Space (ASTR) experienced the largest decline among the losers, dropping 20.3%. Other notable movers included Global Industrial (GIC) with a 13.71% rise following their Q4 earnings release, and SES AI (SES) which rose by 11.01%. On the downside, Royalty Management Holdings (RMCO) and Zoomcar Holdings (ZCAR) saw declines of 11.19% and 4.88%, respectively.
March 04, 2024 | 1:09 pm
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NEGATIVE IMPACT
Astra Space (ASTR) shares declined by 20.3% to $1.06, with a market value of $24.0 million.
The significant decline in ASTR's stock price suggests negative investor sentiment or reactions to recent company news or market conditions.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
Royalty Management Holdings (RMCO) stock decreased by 11.19% to $1.35, with a market cap of $19.2 million.
RMCO's stock price decline indicates potential concerns among investors, possibly related to company performance or market trends.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Zoomcar Holdings (ZCAR) stock decreased by 4.88% to $1.56, with a market value of $98.0 million.
ZCAR's pre-market decline may reflect investor reactions to recent company updates or broader market shifts.
CONFIDENCE 75
IMPORTANCE 65
RELEVANCE 75
POSITIVE IMPACT
Global Industrial (GIC) shares rose 13.71% to $48.0 following their Q4 earnings release, with a market value of $1.8 billion.
GIC's stock price increase is directly linked to the positive reception of their Q4 earnings, indicating strong performance and investor confidence.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 85
POSITIVE IMPACT
NuScale Power (SMR) stock surged 24.6% in pre-market trading, with a market value of $330.1 million.
The significant pre-market surge in SMR's stock price indicates strong investor interest, likely driven by positive developments or expectations.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90