12 Consumer Staples Stocks Moving In Tuesday's After-Market Session
Portfolio Pulse from Benzinga Insights
In Tuesday's after-market session, several consumer staples stocks showed notable movements. Gainers included Farmer Bros, Pricesmart, Hempacco, Elevai Labs, Mangoceuticals, and Bruush Oral Care, with increases ranging from 2.51% to 4.8%. On the losing side, WD-40, Smart for Life, Honest Co, Australian Oilseeds Hldgs, Reborn Coffee, and Veru saw declines between 1.69% and 3.5%. Pricesmart and WD-40 released their Q2 earnings, influencing their stock movements.
April 09, 2024 | 8:31 pm
News sentiment analysis
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NEGATIVE IMPACT
WD-40 shares fell by 3.5% to $246.07 after announcing Q2 earnings, with a market cap of $3.3 billion.
The decline in WD-40's stock price following its Q2 earnings announcement suggests that the market may have had expectations that were not met by the reported financials.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90
POSITIVE IMPACT
Farmer Bros stock increased by 4.8% to $3.48, with a market cap of $73.3 million.
The increase in Farmer Bros stock suggests positive investor sentiment, potentially due to company-specific factors not detailed in the news.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 80
POSITIVE IMPACT
Pricesmart stock rose by 4.69% to $86.99 following the release of Q2 earnings.
The positive movement in Pricesmart's stock is directly linked to the release of its Q2 earnings, indicating favorable investor response to the financial results.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90