12 Consumer Discretionary Stocks Moving In Monday's Pre-Market Session
Portfolio Pulse from Benzinga Insights
In Monday's pre-market session, 12 consumer discretionary stocks showed significant movement. Lucid Group, Target Hospitality, Kandi Technologies, Jiuzi Holdings, SunCar Tech Group, and Solo Brands were among the gainers, with Lucid Group leading with an 18.1% increase. Conversely, Nova Lifestyle, JOANN, Color Star Tech, Chijet Motor Co, TCTM Kids IT Education, and Lixiang Education Holding were the losers, with Nova Lifestyle experiencing an 11.2% decline.
March 25, 2024 | 1:06 pm
News sentiment analysis
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NEGATIVE IMPACT
Nova Lifestyle's stock declined by 11.2% to $2.7, with a market cap of $4.4 million.
The significant pre-market decline for Nova Lifestyle suggests negative news or investor sentiment, indicating a potential short-term downward movement in its stock price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 85
POSITIVE IMPACT
Lucid Group shares surged 18.1% to $3.27 in Monday's pre-market, with a market cap of $7.5 billion.
The significant pre-market gain for Lucid Group indicates strong investor interest, likely due to positive news or market sentiment around the company, suggesting a potential short-term upward price movement.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Target Hospitality's stock rose 16.36% to $10.38, with a market cap of $1.0 billion.
The notable increase in Target Hospitality's stock price suggests positive investor sentiment or favorable company developments, pointing to a likely short-term positive impact on its stock price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80