12 Consumer Discretionary Stocks Moving In Monday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
In Monday's pre-market session, several consumer discretionary stocks showed notable movements. Gainers included Forward Industries (FORD) with a 28.2% increase, Canoo (GOEV) up by 24.22%, and JOANN (JOAN) rising 15.88%. On the losing end, Chijet Motor Co (CJET) fell by 12.2%, Worksport (WKSP) dropped 11.49%, and BJ's Restaurants (BJRI) declined by 5.91%. Other notable movements were seen in Zapp Electric Vehicles (ZAPP), Golden Sun Health (GSUN), Visionary Holdings (GV), Boot Barn Holdings (BOOT), Li Auto (LI), and Tupperware Brands (TUP).
March 18, 2024 | 1:06 pm
News sentiment analysis
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NEGATIVE IMPACT
Chijet Motor Co stock decreased by 12.2% to $0.43, with a market cap of $69.0 million.
The pre-market decline in CJET's stock price could indicate negative sentiment, potentially leading to short-term downward pressure on the stock.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
Worksport stock fell 11.49% to $0.66, with a market cap of $13.3 million.
The notable drop in WKSP's stock price suggests negative market reaction, likely affecting the stock negatively in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Forward Industries stock rose 28.2% to $0.59, with a market cap of $5.9 million.
The significant pre-market increase in FORD's stock price suggests positive investor sentiment, likely leading to short-term upward price momentum.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Canoo stock increased by 24.22% to $2.41, with a market cap of $137.2 million.
The sharp rise in GOEV's stock price indicates strong investor interest, potentially leading to further gains in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90