12 Industrials Stocks Moving In Wednesday's Intraday Session
Portfolio Pulse from Benzinga Insights
In Wednesday's intraday session, several industrials stocks experienced significant movements. Notably, NuScale Power (SMR) surged 26.0%, while Velo3D (VLD) plummeted by 41.7% following its Q4 earnings report. Other gainers include Pixie Dust Technologies (PXDT), SunPower (SPWR), Sunrun (RUN), Stem (STEM), and ESGL Holdings (ESGL). On the losing side, besides Velo3D, C3is (CISS), Professional Diversity (IPDN), Earlyworks Co (ELWS), Knightscope (KSCP), and Bowman Consulting Group (BWMN) saw declines, with CISS also reacting to its Q4 earnings.
March 27, 2024 | 4:31 pm
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POSITIVE IMPACT
NuScale Power shares surged 26.0% with a market cap of $418.4 million.
The significant surge in SMR's stock price indicates strong investor confidence, potentially due to positive market sentiment or company-specific news.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
C3is shares fell 13.1% to $0.04, with a market value of $6.5 million, following its Q4 earnings announcement.
CISS's decline is attributed to its Q4 earnings release, indicating the financial results may have disappointed investors.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 85
NEGATIVE IMPACT
Velo3D stock plummeted by 41.7% to $0.34 following its Q4 earnings report, with a market value of $87.2 million.
The sharp decline in VLD's stock price is directly linked to its Q4 earnings report, suggesting the results did not meet market expectations.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 95