12 Consumer Discretionary Stocks Moving In Friday's After-Market Session
Portfolio Pulse from Benzinga Insights
In Friday's after-market session, several consumer discretionary stocks showed notable movements. Gainers included Secoo Holding, Nerdy, Newegg Commerce, Cenntro, Selina Hospitality, and Kaival Brands Innovations with increases ranging from 2.99% to 9.5%. On the downside, Lixiang Education Hldg, Fitell, SRM Entertainment, Connexa Sports Techs, SRIVARU Holding, and Color Star Tech experienced declines between 2.43% and 5.3%.
April 12, 2024 | 8:31 pm
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POSITIVE IMPACT
Newegg Commerce shares rose 3.34% to $0.83, with a market cap of $315.0 million.
NEGG's after-market gain suggests a positive investor outlook, which could lead to short-term price appreciation.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
POSITIVE IMPACT
Nerdy shares increased by 4.75% to $2.82, with a market value of $301.6 million.
The rise in NRDY shares indicates a positive market reaction, likely contributing to short-term bullish behavior.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
POSITIVE IMPACT
Secoo Holding stock rose by 9.5% to $0.39, with a market cap of $2.7 million.
The significant after-market gain for SECO suggests positive investor sentiment, potentially leading to short-term upward price momentum.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
NEGATIVE IMPACT
Fitell stock fell 4.4% to $6.52, with a market cap of $131.0 million.
FTEL's after-market decline suggests a negative investor response, potentially leading to short-term price declines.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90
NEGATIVE IMPACT
Lixiang Education Hldg stock fell 5.3% to $0.41, with a market cap of $2.7 million.
The decline in LXEH stock indicates negative market sentiment, likely leading to short-term downward pressure on the stock price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 90