12 Industrials Stocks Moving In Wednesday's After-Market Session
Portfolio Pulse from Benzinga Insights
In Wednesday's after-market session, several industrials stocks saw significant movements. ShiftPixy, New Horizon Aircraft, Zoomcar Holdings, ESGL Holdings, Exela Technologies, and Jet AI were among the gainers, with ShiftPixy leading at a 19.4% increase. On the downside, Tigo Energy, Limbach Holdings, Polar Power, FTC Solar, Swvl Hldgs, and REV Group experienced declines, with Tigo Energy dropping 11.5%. Notably, Limbach Holdings and FTC Solar released their Q4 earnings.
March 13, 2024 | 9:32 pm
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POSITIVE IMPACT
ShiftPixy shares surged 19.4% in after-market trading, with a market value of $20.9 million.
The significant after-market gain for ShiftPixy suggests positive investor sentiment, likely driving short-term price momentum upwards.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
FTC Solar's stock declined by 5.95% to $0.45 after its Q4 earnings, with a market cap of $55.8 million.
FTC Solar's post-earnings decline suggests investor disappointment or concerns over its Q4 performance, likely affecting the stock negatively in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 90
NEGATIVE IMPACT
Limbach Holdings shares fell 8.57% to $45.5 after releasing Q4 earnings, with a market value of $500.6 million.
The decline in Limbach Holdings' stock price following its Q4 earnings release indicates the market's negative reaction to the financial results, suggesting a short-term bearish outlook.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 90