12 Industrials Stocks Moving In Tuesday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
In Tuesday's pre-market session, several industrials stocks showed significant movement. Gainers included Li-Cycle Holdings, Singularity Future Tech, ATIF Holdings, Polar Power, Desktop Metal, and EHang Holdings with increases ranging from 10.03% to 42.4%. On the losing side, Blade Air Mobility, Swvl Hldgs, Solidion Technology, Southwest Airlines, Simpple, and Fuel Tech saw declines between 5.99% and 12.3%. Notably, Blade Air Mobility and Fuel Tech's movements were associated with their Q4 earnings releases.
March 12, 2024 | 1:05 pm
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POSITIVE IMPACT
Li-Cycle Holdings stock rose 42.4% in pre-market trading, with a market cap of $101.7 million.
The substantial pre-market increase in Li-Cycle Holdings' stock price could attract more investor interest, potentially leading to short-term price volatility.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
Blade Air Mobility's stock declined by 12.3% to $3.5 during Tuesday's pre-market session following their Q4 earnings release.
The decline in Blade Air Mobility's stock price following its Q4 earnings release suggests a negative market reaction to the financial results, likely leading to short-term bearish sentiment.
CONFIDENCE 85
IMPORTANCE 85
RELEVANCE 90
NEGATIVE IMPACT
Fuel Tech shares decreased by 5.99% to $1.1 after their Q4 earnings were released.
Fuel Tech's stock price drop following its Q4 earnings announcement indicates a potentially negative investor response to the earnings report, suggesting short-term bearish sentiment.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 85
NEGATIVE IMPACT
Southwest Airlines stock fell 8.53% to $30.9, with a market cap of $18.4 billion.
The decrease in Southwest Airlines' stock price could indicate investor concerns or reactions to broader market or industry-specific news, potentially leading to short-term negative performance.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 80