12 Consumer Discretionary Stocks Moving In Tuesday's Intraday Session
Portfolio Pulse from Benzinga Insights
In Tuesday's intraday session, several consumer discretionary stocks experienced significant movements. Notable gainers include SRM Entertainment, TCTM Kids IT Education, 2U, Fitell, Worksport, and Nordstrom, with increases ranging from 9.55% to 17.8%. Conversely, notable losers were JOANN, ATA Creativity Global, GigaCloud Tech, Allurion Technologies, J-Long Group, and Greenlane Holdings, with decreases ranging from 10.2% to 32.0%. GigaCloud Tech's recent Q4 earnings release is highlighted.
March 19, 2024 | 5:31 pm
News sentiment analysis
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NEGATIVE IMPACT
GigaCloud Tech shares declined by 13.04% to $29.75, market value at $1.2 billion. Q4 earnings were released 2 days ago.
GigaCloud Tech's recent Q4 earnings release and subsequent stock price decline indicate potential concerns among investors, affecting short-term performance.
CONFIDENCE 85
IMPORTANCE 85
RELEVANCE 95
NEGATIVE IMPACT
JOANN shares declined by 32.0% to $0.12, with a market value of $5.2 million.
The drastic decline in JOANN's stock price suggests negative market sentiment, likely leading to further short-term downward pressure.
CONFIDENCE 80
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Nordstrom stock moved upwards by 9.55% to $18.69, with a market cap of $3.0 billion.
Nordstrom's notable stock price increase reflects strong investor confidence, potentially leading to further short-term gains.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 90
POSITIVE IMPACT
SRM Entertainment shares rose 17.8% to $1.3, with a market value of $12.6 million.
The significant rise in SRM Entertainment's stock price indicates positive market sentiment, likely driving short-term upward momentum.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90