12 Industrials Stocks Moving In Thursday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
In Thursday's pre-market session, several industrials stocks showed significant movement. Rentokil Initial, Solidion Technology, ABM Indus, REV Group, Wheels Up Experience, and Zoomcar Holdings experienced gains, with Rentokil Initial leading at a 16.6% increase following its Q4 earnings release. Conversely, New Horizon Aircraft, MingZhu Logistics Holdings, Babcock & Wilcox, Controladora Vuela, Hudson Technologies, and Momentus faced declines, with New Horizon Aircraft dropping 20.4%. Earnings reports influenced several of these movements.
March 07, 2024 | 1:06 pm
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NEGATIVE IMPACT
New Horizon Aircraft's stock fell 20.4% to $1.83, marking the largest decline in the session.
The sharp decline in New Horizon Aircraft's stock price could be due to negative market reactions or disappointing news, though specifics were not mentioned.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
ABM Indus shares rose 8.85% to $44.4 following its Q1 earnings release.
ABM Indus' stock price increase is directly linked to its Q1 earnings report, suggesting positive financial performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Rentokil Initial's stock rose 16.6% to $32.24 in pre-market trading following its Q4 earnings release.
The significant increase in Rentokil Initial's stock price is directly attributed to the positive reception of its Q4 earnings report, indicating strong performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Solidion Technology's stock increased by 10.9% to $0.6, with a market cap of $49.1 million.
Solidion Technology's stock rise could be attributed to market speculations or reactions to industry news, as no specific earnings report was mentioned.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70