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. Zoomcar Holdings (ZCAR) led the gainers with a 50% increase, while Greenwave Tech Solns (GWAV) experienced the largest drop among the losers, declining by 52.6%. Notably, companies like Li-Cycle Holdings (LICY), Spire Global (SPIR), and Bridger Aerospace Gr (BAER) reported upward movements following their recent earnings reports. Conversely, NuScale Power (SMR) saw a decline after its Q4 earnings release.
March 19, 2024 | 1:05 pm
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NEGATIVE IMPACT
Greenwave Tech Solns saw a 52.6% decline in its stock price during pre-market trading, with a market cap of $2.9 million.
The sharp decline in GWAV's stock price suggests negative investor sentiment, possibly due to recent company setbacks or unfavorable market conditions.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
NuScale Power's stock declined by 12.68% to $8.82 after its Q4 earnings were released three days ago.
The decline in SMR's stock price following its earnings release suggests that the results may have been below market expectations or highlighted concerns.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 80
POSITIVE IMPACT
Li-Cycle Holdings' stock rose by 21.86% to $1.34, following its Q4 earnings release two days ago.
The positive movement in LICY's stock price post-earnings suggests that the results were favorable or exceeded market expectations.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 80
POSITIVE IMPACT
Zoomcar Holdings surged 50% in pre-market trading, with a market cap of $111.2 million.
The significant pre-market surge in ZCAR's stock price likely reflects positive investor sentiment, potentially due to recent company developments or broader market trends.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90